CoStar: U.S. hotel performance improves in fourth week of January
U.S. HOTEL PERFORMANCE improved in the fourth week of January compared to the previous week, according to CoStar. However, year-over-year comparisons remained mixed, with...
STR: Labor Day, Hurricane Ida boost hotel performance as September begins
LABOR DAY WEEKEND, as well as other factors including evacuations from Hurricane Ida, provided a boost to U.S. hotels’ performance in the opening week...
STR, TE revise forecast with lower 2022 growth projected
PROJECTIONS FOR THE recovery of U.S. hotels from the COVID-19 pandemic remain basically the same in the latest forecast from STR and Tourism Economics....
STR: January ends on flat performance note for U.S. hotels
JANUARY CLOSED WITH flat performance for U.S. hotels, according to STR.
Occupancy for the week ending Jan. 30 was 40.4 percent, up slightly from 40...
Baird/STR Hotel Stock Index dropped 1.7 percent
INVESTOR CONFIDENCE REMAINS shaken in the face of rising COVID-19 cases and the Baird/STR Hotel Stock Index is feeling the chill. The index dropped...
STR: Occupancy, ADR rise some in week of July 25
U.S. HOTELS CONTINUED their gradual, week-by-week climb out of the COVID-19 slump during the week ending July 25. Occupancy and ADR rose again for...
Webinar: More U.S. travelers using digital tools to research plans
PEOPLE ARE SHOWING a desire to get back to travel, but within certain limits, according to a Reuters Events Travel webinar. The webinar featured...
STR: U.S. hotels occupancy up to nearly 40 percent first week of June
STR data showed a slight improvement in the U.S. hotel performance for the week ending June 6.
The occupancy rate for U.S. hotels rose to...
CoStar: U.S. hotels’ GOPPAR declines in June due to labor cost
GOPPAR FOR U.S. hotels fell year-over-year for a second consecutive month in June, primarily due to the escalating labor costs, according to CoStar’s June...
STR: U.S. hotel performance down post holidays
AS THE HOLIDAY season dwindles into the past, so did U.S. hotel performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it.
Occupancy...