HotStats: Hotel profits rose slightly in May month-over-month
MONTH BY MONTH, the global hospitality industry continues recover, including the U.S., according to HotStats’ monthly profits report for May. Year-over-year the data remains...
STR report predicts strong weekend performance for Nashville, TN
WEEKENDS, ESPECIALLY FRIDAYS, are the top occupancy nights in Nashville, Tennessee, according to STR ‘s new Forward STAR. Nashville is the first active U.S....
STR: U.S. hotel performance drops as expected in the second week of July
U.S. HOTEL PERFORMANCE dropped in the second week of July, as expected due to a holiday calendar shift, according to STR. The performance was...
STR: GOPPAR reached pandemic highpoint in February
PROFITS FOR U.S. hotels saw their highpoint of the pandemic in February, according to STR. However, occupancy fell by one percent in the last...
STR: U.S. hotel performance drops in the third week of December
U.S. HOTEL PERFORMANCE decreased in the third week of December compared to the week before, according to STR. However, performance metrics improved when compared...
STR: U.S. performance in week ending June 27 up from prior week
THE FINAL FULL week of June was gentle for U.S. hotels as performance rose some again over the previous weeks. The year-over-year declines also...
STR: U.S. hotel performance up in Easter week of April
REFLECTING THE POSITIVE side of the Easter calendar shift, U.S. hotel performance during the second week of April increased from the previous week, according...
STR: U.S. hotels see highest RevPAR since mid-July 2019 in May’s third week
THE RevPAR OF U.S. hotels in the third week of May was the highest it has been since mid-July 2019, according to STR. Also,...
AHLA: 70 percent of Americans favor more federal stimulus
MOST AMERICANS ARE willing to allow more of their tax dollars to go to economic stimulus programs that help businesses, including hotels, affected by...
HotStats: Asia-Pacific numbers predict U.S. revenue decline
TROUBLE IN THE Asia-Pacific region could foreshadow an “ugly March and April” in the U.S. market as profits potentially drop 40 to 60 percent...