STR and TE upgrade U.S. ADR, RevPAR forecast for 2023
STR AND TOURISM ECONOMICS have increased year-over-year growth projections for ADR and RevPAR in the final revision of the U.S. hotel forecast for 2023....
Trepp: Percent of delinquent CMBS loans rose to 7.15 percent in May
EXPERTS WERE NOT surprised by the rise in delinquencies on commercial mortgage backed securities loans that happened in May. The size of the drop,...
STR: Weekend occupancy rates rose in states where COVID-19 restrictions eased
OCCUPANCY WAS UP slightly for U.S. hotels in the first week of May compared to the previous week while still remaining much lower than...
STR: U.S. hotels see jump in occupancy in week of March 20
U.S. HOTELS CONTINUED to see improved performance in the second to last week of March, according to STR. The improvement came across the board,...
Surveys: Fewer Americans traveling for holidays
THE OLD SONG “Home for the holidays” has a new meaning this year as most Americans are expected to stay home, not travel to...
STR: U.S. hotels’ occupancy flat for week ending Sept. 19
U.S. HOTELS’ PERFORMANCE remained flat for the week ending Sept. 19. The highest occupancies were again driven by disasters, such as Hurricane Laura and...
LE: U.S. hotel pipeline expands in Q1
THE ONGOING COVID-19 pandemic had a minimal impact on the U.S. hotel construction pipeline in the first quarter of 2020, according to Lodging Econometrics....
HotStats: Profits dropped to negative value in March
AS THE MONTH in which the COVID-19 pandemic began, March saw the first drops in hotel profits around the world, according to HotStats. In...
COVID-19 pandemic continues draining the U.S. travel and hospitality industry
IN A WEEK of bad news, the numbers tell a dismal tale. Occupancy continues to slide down, millions of people are out of their...
Report: Extended-stay segment’s strong performance continued in Q3
THE THIRD QUARTER presented no exception to the rule that U.S. extended-stay hotels, especially economy extended-stay, have been outperforming other categories of hotels during...
