STR: U.S. hotel profitability highest since February 2020
U.S. HOTELS REPORTED higher profitability on a per-available-room basis in June 2021 when compared to any month since February 2020, according to STR. But...
STR: Occupancy reaches high again in week of July 24
ANOTHER WEEK, ANOTHER high in performance for U.S. hotels as occupancy levels continued to increase in the third week of July, according to STR....
LE: Marriott tops construction pipeline in the second quarter
MARRIOTT INTERNATIONAL TOPPED the U.S. the construction pipeline for franchise companies in the second quarter of this year with 1,301 projects with 170,847 rooms,...
LE: U.S. pipeline decline continues 2021’s first half
THE U.S. HOTEL construction pipeline declined 14 percent year-over-year at the close of second quarter in 2021, according to Lodging Econometrics. New York City...
STR: U.S. hotels set new highs in June, week of July 17
THE U.S. HOTEL industry set new highs in June and in the third week of July, according to STR. There was a slight dip...
STR: Occupancy and ADR up in week ending July 10
OCCUPANCY AND ADR rose for U.S. hotels in the second week of July, according to STR. Leisure travel continued to drive business with those...
STR: New York leads nation in hotel rooms under construction
NEW YORK CITY is seeing a surge in hotel rooms under construction and in projected openings for the rest of 2021, according to STR....
STR: Occupancy down, ADR up in first week of July
OCCUPANCY FOR U.S. hotels went down some in the first days of July, but ADR rose on a weekly and yearly level, according to...
Baird/STR Hotel Stock Index fell 3 percent in June
THE HOTEL STOCK rollercoaster continued its downhill slide in June, according to the Baird/STR Hotel Stock Index. The 3 percent drop came as a...
Report: U.S. extended-stay hotels report year’s highest occupancy in May
THE OCCUPANCY RATE in U.S. extended-stay hotels has roared back in April and May, with highest average occupancy this reported in May at 76.5...
