STR: U.S. occupancy down year-over-year in second week of January
AS A RESULT of a larger impact from the Omicron variant, U.S. hotel occupancy worsened in the second week of January in comparison with...
Webinar: More U.S. travelers using digital tools to research plans
PEOPLE ARE SHOWING a desire to get back to travel, but within certain limits, according to a Reuters Events Travel webinar. The webinar featured...
STR: U.S. hotel performance down post holidays
AS THE HOLIDAY season dwindles into the past, so did U.S. hotel performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it.
Occupancy...
STR: Hotel construction in December down 61K rooms from peak
HOTEL CONSTRUCTION DROPPED in December, falling 61,000 rooms below the peak reached in early 2020, according to STR. The number of projects under construction...
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...
