STR: U.S. hotels’ early June performance drags post Memorial Day
U.S. HOTEL PERFORMANCE dropped in the first week of June compared to the week before due to the expected slowdown following the Memorial Day...
STR: U.S. hotel performance falls in the first week of August
U.S. HOTEL PERFORMANCE fell in the first week of August compared to the week before following seasonal patterns, according to STR. However, ADR and...
STR/Baird stock index dipped 0.2 percent in March
THE BAIRD/STR HOTEL Stock Index dropped 0.2 percent in March as investors sought a different, more long-term angle on the recovering travel market, according...
STR, TE release new forecast for 2021 at in-person Hunter Hotel Conference
IT WAS A hopeful sign that the Hunter Hotel Conference was held at in downtown Atlanta after the COVID-19 pandemic caused its delay from...
GBTA: Domestic and essential business travel to resume soon
NEW RESEARCH BY the Global Business Travel Association indicates there is renewed optimism in the business travel sector. Domestic and essential business travel are...
Report: Extended-stay revenues in traditional hotels outperform extended-stay hotels
EXTENDED-STAY ROOM revenues in traditional hotels outperformed those in extended-stay hotels by 21 percent, indicating potential for further development in the extended-stay sector, according...
Hotstats: U.S. hotels see GOPPAR rise of 6.1 percent in November
AFTER A NEGATIVE profit turn in October, U.S hotels saw robust growth with a GOPPAR increase of 6.1 percent in November over last year,...
Baird/STR Hotel stock index rose 12.7 percent in December
THE BAIRD/STR Hotel Stock Index rose 12.7 percent in December over the previous month. It was up 25.6 percent for 2021 as a whole.
The...
HotStats: U.S. trails the world in hotel profits
U.S. HOTELS REMAIN stuck in the low profitability trend begun by the COVID-19 pandemic even as the global market continues to adjust upward, according...
Survey: Consumers feeling safe about travel
OPTIMISM RISES WITH each COVID-19 vaccine administered, and public confidence in the safety of travel is rising, too, according to a survey from consulting...