Report: Governments to lose $16.8 billion in tax revenue from hotels

STATES AND CITIES will lose $16.8 billion of tax revenue from hotels in 2020 as a result of the downturn in occupancy related to...

STR: Tampa sees Super Bowl surge, but smaller than previous years

THE SUPER BOWL did provide a performance boost for the host city, Tampa, Florida, but not nearly as much as in previous years, according...

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....

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...

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...

Reports: Hotel profits dropped in November

U.S. HOTELS IN November saw profits plummet as COVID-19 cases surged, according to reports from STR and HotStats. The forecast is that, until the...

STR: U.S. hotels’ profit for July exceeds 2019 levels

PROFIT FOR U.S. hotels exceeded 2019 levels in July, according to STR. However, experts with the research firm say the recovery is not yet...

STR: Third week of May gets occupancy boost from Memorial Day

U.S. HOTEL OCCUPANCY rose a bit during the week ending May 23 compared to the previous week, with a particular bump seen over the...

STR: Occupancy up some in week ending Dec. 5

OCCUPANCY FOR U.S. hotels rose slightly in the first week of December, according to STR. Timing and the Thanksgiving holiday weekend may have played...

AAA forecasts 700 million trips for summer season

THE SUMMER HOLIDAY season this year may not be as busy for the travel industry as in years past, but still Americans are expected...