STR: Occupancy drops further as October ends
U.S. HOTEL OCCUPANCY continued to fall in the last week of October, reaching its lowest point since late June, according to STR. A rise...
STR declares 2020 the worst year on record for U.S. hotels
IT PROBABLY WON’T come as a surprise to many, but 2020 was officially the worst year on record for U.S. hotels, according to STR....
STR: U.S. occupancy reached 60 percent of 2019 levels in third week of May
IN ANOTHER SIGN of recovery, U.S. hotels reached 60 percent occupancy in the third week of May for the first time since the beginning...
STR: Occupancy for U.S. hotels dropped 68.5 in first week of April
U.S. HOTELS CONTINUED to see severely diminished performance from the COVID-19 pandemic during the week of March 29 to April 4, according to STR.
Occupancy...
STR: Group travel demand remains up in week ending Sept. 25
THE GROUP TRAVEL business for U.S. hotels rose again to almost 1.3 million for the last full week of September, according to STR. It...
CoStar: U.S. hotel performance varied in third week of November
U.S. HOTEL PERFORMANCE exhibited mixed year-over-year comparisons in the third week of November, according to CoStar. Moreover, both occupancy and RevPAR declined compared to...
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...
Baird/STR hotel stock index dips in September on fears of recession
THE BAIRD/STR Hotel Stock Index fell 9.1 percent in September, according to STR. Experts said that they have concerns regarding recession and its impact...
Hotel stock index drops 36 percent in March
THE BAIRD/STR Hotel Stock Index dropped 36 percent in March, ending at 2,748 points. For the first three months of the year the index...
HotStats: U.S. hotels’ profits remain flat in January
THE FIRST MONTH of 2021 saw consistent profits performance by U.S. hotels, according to HotStats. Unfortunately, it remained consistently low.
GOPPAR for the month was...
