U.S. hotel performance rises in first week of December
U.S. HOTEL PERFORMANCE saw a significant increase in the first week of December compared to the previous week, with improvements in hotel occupancy, ADR...
STR: Occupancy drops some for U.S. hotels in week of May 8
A RISE IN supply led to a slight week-over-week decline in U.S. hotel performance during the first full week of May. Demand was still...
STR: GOPPAR fell 116.9 percent in April
BEGINNING AND ENDING under the full impact of the COVID-19 pandemic, April was no spring lark for the U.S. hotel industry. In its second...
Survey: U.S. hotel sales dropped 21 percent in 2019
U.S. HOTEL SALES decreased nearly 21 percent in 2019 compared to the previous year, according to hospitality consulting firm Hotelivate. Low RevPAR growth and...
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: May closes with occupancy at 36.6 percent
WEEK BY WEEK business crawls back toward normal for U.S. hotels, with occupancy during the last week of May rising slightly over the previous...
CBRE projects demand to rebound by 2022
THE REST OF 2020 may be very hard to weather for the U.S. hotel industry as a result of the COVID-19 pandemic, but it...
Travel index: Thanksgiving road trips down 35 percent YOY
HEALTH EXPERTS’ WARNINGS not to travel over the Thanksgiving holiday had an effect as the numbers of travelers on the nation’s highways declined from...
Red Roof pipeline grew 20 percent in 2019
RED ROOF SAW 20 percent growth in it's new construction pipeline across its system in 2019. The company expects to have more 60,000 rooms...
STR: U.S. hotel performance rose in the second week of February
U.S. HOTEL PERFORMANCE advanced to its highest levels since December during the second week of February, according to STR. The top 25 markets stayed...
