Travel research firm predicts 36 million road trips for July 4 weekend
MORE THAN 36 million people will take road trips this July 4 weekend as states lift COVID-19 restrictions, according to travel data company Arrivalist....
STR: U.S. hotel pipeline grew 6.8 percent in January
THE U.S. HOTEL construction pipeline grew again in January, according to STR. The growth is uneven, however, with more happening in certain markets and...
STR: U.S. hotel occupancy dips, ADR rises in week of Oct. 23
ONE WEEK AFTER reaching its highest point since mid-August, US hotel occupancy dipped a percentage point in the third week of October, according to...
Baird/STR Hotel Stock Index dropped 1.7 percent
INVESTOR CONFIDENCE REMAINS shaken in the face of rising COVID-19 cases and the Baird/STR Hotel Stock Index is feeling the chill. The index dropped...
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...
STR, TE lower forecast for 2020
STR AND TOURISM Economics have downgraded their forecast for the U.S. hotel industry’s performance in 2020 from the previous forecast given in late March....
STR webinar: RevPAR declines of 80 percent are ‘new normal’
REVPAR DECLINES IN the 80 percent range will be commonplace for the U.S. hospitality industry for the foreseeable future, according to STR’s recent webinar....
STR: U.S. hotel performance dips in the fourth week of May
U.S. HOTEL PERFORMANCE dipped slightly in the fourth week of May compared to the week before, according to STR. However, all performance metrics improved...
Hotel stock index rose 31 percent in November
THE BAIRD/STR Hotel Stock Index rallied with the rest of the stock market after the presidential election, surging up 31 percent in November. Along...
Baer is Stonehill’s new vice president of business development
Nick Baer is vice president of business development for financial company Stonehill, an affiliate of Peachtree Hotel Group. In the newly created position, he...
