STR, TE release new forecast for 2021 at in-person Hunter Hotel Conference
IT WAS A hopeful sign that the Hunter Hotel Conference was held at in downtown Atlanta after the COVID-19 pandemic caused its delay from...
Hotel stock index drops 8.2 percent in January
THE BAIRD/STR Hotel Stock Index dropped 8.2 percent in January, according to STR. The decline in performance came in connection with difficulties in distribution...
STR: Hotel profits rise between April and May
GROSS OPERATING PROFITS for U.S. hotels crept closer to 2019 levels in May, according to STR, with each profitability metric came in higher than...
STR expert sees ‘green shoots’ for possible recovery from COVID-19 pandemic
HOPEFUL SIGNS FOR the U.S. hotel industry were seen in the week of May 3 to 9, according to STR’s deep dive into its...
CBRE lowers near-term outlook for hotels amid softened summer demand
LOWER-THAN-EXPECTED summer demand will affect U.S. hotel performance, resulting in a second quarter RevPAR shortfall, according to CBRE. It has revised its 2023 RevPAR...
STR, HotStats: Profits down in June YOY, up some over May
PROFITS DROPPED FOR U.S. hotels in June as COVID-19 cases surged, according to reports from HotStats and STR. A rise in expenses also ate...
STR: Occupancy hits 4-week high for U.S. hotels
GROUP TRAVEL CAME to the rescue for U.S. hotels during the second week of September, bringing occupancy up to a 4-week high, according to...
STR: U.S. hotel performance down in the first week of March
U.S. HOTEL PERFORMANCE was down in the first week of March from the week before, according to STR. However, ADR was up during the...
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: U.S. hotel performance falls in the first week of August
U.S. HOTEL PERFORMANCE fell in the first week of August compared to the week before following seasonal patterns, according to STR. However, ADR and...
