STR: U.S. hotel occupancy down 1.3 percent in first week of June

OCCUPANCY FOR THE U.S. hotel industry fell 1.3 percent to 72 percent during the week of June 2 to 8, according to STR. The...

Hotel Stock Index drops 4.9 percent in May

THE BAIRD/STR hotel stock index dropped significantly in May, 4.9 percent to 4,645 points. However, the index was up 14.1 percent through this year’s first five...

STR: U.S. hotel occupancy up 0.6 percent in last week of May

OCCUPANCY FOR U.S. hotels rose 0.6 percent to 64.5 percent during the week of May 26 to June 1, according to STR. Top markets...

HotStats: U.S. hotels performed positively in 2018

U.S. HOTELS CAME through 2018 in good shape despite concerns about the economy, according to HotStats. But they’ll have to maintain discipline to achieve...

CBRE report predicts modest supply increases through 2022

THE U.S. LODGING supply will increase at an annual pace higher than the long-run average through 2022, the latest CBRE Hotels Research reveals. At...

STR lowers forecast for hotel performance in 2019

THE U.S. HOTEL industry is projected to see an overall performance growth of 2 percent for 2019 rather than the 2.3 percent previously forecast,...

STR: U.S. hotel occupancy up 0.8 percent in the week ending May 18

U.S. HOTELS REPORTED positive performance results during the week of May 12 to 18, according to STR. Parts of California saw the highest occupancy...

Gig economy booms in hospitality industry

FREELANCERS AND CONTRACTORS could represent more than half of the country’s workforce by 2019, according to a recent study. It’s a trend from which...

Surveys show consumer views on Airbnb

IN WHAT MAY be a case of “Know thy enemy” for some, a pair of recent surveys reveal what consumers like, and what they...

CBRE: Attrition and cancellation fees a significant source of revenue in 2009 and 2010

CANCELLATIONS OF RESERVATIONS are not complete losses for hotels, thanks to the fees charged when the cancellation comes past a prescribed deadline. New data...