STR: Super Bowl to boost L.A. ADR and RevPAR
IN ANOTHER SIGN of recovery from the COVID-19 pandemic, this year’s Super Bowl is expected to bring increases in hotel business to host city...
Highland Group: November recovery indices exceeded 100 percent
THE COLLECTIVE RECOVERY indices of U.S. extended-stay hotels exceeded 100 percent in November for the first time in 2021, according to hotel investment advisors...
STR: ADR set record in the last week of December
U.S. HOTELS REACHED record-breaking ADR level during the last week of December, particularly by luxury resorts, according to STR. STR’s top 25 markets also...
Baird/STR Hotel stock index rose 12.7 percent in December
THE BAIRD/STR Hotel Stock Index rose 12.7 percent in December over the previous month. It was up 25.6 percent for 2021 as a whole.
The...
Survey: Service top priority for global travelers
ABOUT 78 PERCENT of global travelers place high quality service above all else when booking a hotel, according to a global survey by IHG...
HotStats: Omicron reactions set precedent for pandemic’s future
THE OMICRON VARIANT has not good for the hospitality industry, but it hasn’t been as bad as expected, which is a good sign for...
STR: U.S. hotel occupancy hits all-time high on Christmas
U.S. HOTEL OCCUPANCY has reached an all-time high in the fourth week of December though the numbers came in lower than the previous week,...
STR: U.S. hotels down in November, third week of December
NOVEMBER BROUGHT A little less for U.S. hotels to be thankful for compared to the prior month, according to STR, but also saw improvements...
CBRE forecasts recovery to 2019 levels by late 2023
IN RECENT WEEKS, CBRE Hotels Research has revised its forecast for the hospitality industry upward in light of several factors, such as rising occupancy...
STR: ADR up in second week of December
U.S. HOTEL PERFORMANCE increased in the second week of December, according to STR. ADR was up during the week when compared to same period...
