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...
STR: Sharp drop in U.S. hotel performance ahead of Halloween
THERE WAS A sharp drop in U.S. hotel performance in the last week of October as anticipated ahead of Halloween, according to STR. However,...
STR: Occupancy flat in week ending July 11
OCCUPANCY REMAINED FLAT one week after the July 4 holiday weekend while room rates went down, according to STR. As in previous weeks, a...
STR: U.S. hotel performance flat in third week of January
U.S. HOTEL PERFORMANCE remained relatively flat during the third week of January, according to STR. Tampa, Florida, led the top 25 markets in terms...
Baird/STR Hotel Stock Index fell 5.3 percent in June
AFTER MONTHS OF maintaining growth despite the COVID-19 pandemic, the Baird/STR Hotel Stock Index fell 5.3 percent in June. Investors apparently grew cautious as...
STR/Baird Hotel Stock Index rose 15.6 percent in April
IN A HINT of good news for the U.S. hotel industry, the Baird/STR Hotel Stock Index rose 15.6 percent in April. For the year...
Highland Group: November recovery indices exceeded 100 percent
THE COLLECTIVE RECOVERY indices of U.S. extended-stay hotels exceeded 100 percent in November for the first time in 2021, according to hotel investment advisors...
Arbor Lodging to manage Illinois Marriott
ARBOR LODGING MANAGEMENT has been contracted to manage the Marriott Chicago Northwest in Hoffman Estates, Illinois, as a third party. The Chicago-based company’s portfolio...
HotStats: Omicron reactions set precedent for pandemic’s future
THE OMICRON VARIANT has not good for the hospitality industry, but it hasn’t been as bad as expected, which is a good sign for...
STR: Occupancy flat in week ending Dec. 12
U.S. HOTELS SAW little change in performance during the second week of December compared to the previous week, according to STR. Occupancy and all...