Reports: Hotel profits dropped in November

U.S. HOTELS IN November saw profits plummet as COVID-19 cases surged, according to reports from STR and HotStats. The forecast is that, until the...

Delta variant forces CBRE to revise its economic forecast

THE LONG-AWAITED RETURN of business travel may be delayed as a result of the Delta variant of COVID-19, according to CBRE Hotels Research. As...

Report: Short-term rentals’ RevPAR nearly back to 2019 levels

U.S. HOTELS ARE seeing improvements in occupancy since the low point of the COVID-19 pandemic, but short-term apartment rentals are recovering faster, according to...

STR: U.S. hotels show tenuous profit in October

ANOTHER MEASURE HAS found that U.S. hotels made a profit in October, this one by STR. The travel research firm, like other agencies, made...

STR: Occupancy dropped below 50 percent in week ending Aug. 22

WITH LABOR DAY around the corner, U.S. hotel occupancy slipped back below 50 percent during the week ending Aug. 22, according to STR. However,...

HVS: Hospitality growth in 2020 stable, but caution is urged

THE U.S. HOSPITALITY industry is likely to continue hitting its peak through 2020, though some economic uncertainty remains, according to a report from lodging...

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...

CBRE: Spa revenue surpassed room and total operating revenues in 2018

U.S. HOTELS HAVE reported a higher spa revenue than room revenue and total operating revenue, according to CBRE Trends in the Hotel Spa Industry....

STR: Occupancy rises to 48.9 percent in week ending Aug. 1

AS THE FINAL full month of summer begins, U.S. hotels continued their slow climb out of the COVID-19 pandemic rut, according to STR. Occupancy...

STR: U.S. hotels saw double-digit declines in March

U.S. HOTELS SAW double-digit declines in all performance metrics in March, according to STR. March was the first full month impacted by the COVID-19...