HotStats: U.S. hotels wrap up 2019 with 5.3 percent RevPAR increase

U.S. HOTELIERS WRAPPED up 2019 with a strong performance in revenue and profits, according to HotStats. However, they may want to focus on increasing...

CBRE: Short-term rentals affecting hotel valuations

THE SHORT-TERM rentals market, including online stay-share giant Airbnb, has grown to a point it is affecting the valuation of traditional hotels, according to...

STR: RevPAR forecast to stay flat in 2020

REVPAR IS EXPECTED to remain flat this year and next, according to the forecast for 2020 and 2021 released Tuesday by STR at the...

U.S. hotel pipeline closed 2019 with 4 percent projects increase

THE U.S. HOTEL pipeline has completed its eighth consecutive year of growth in 2019 with a year-over-year increase of 4 percent in terms of...

Hotel transactions to stay high in the first half of 2020

HOTEL TRANSACTIONS IN the U.S. are expected to remain strong at least in the first half of this year, according to a report from...

STR: 2019 was record setting for hospitality

IT WAS ANOTHER record setting year for the U.S. hospitality industry in 2019, according to STR. However, it was also the slowest growth for...

STR: U.S. hotel occupancy up 0.6 percent in December

THE U.S. HOTEL industry wrapped up 2019 with positive results as December saw increases in RevPAR, ADR and occupancy, according to STR. The industry posted...

Report: Spas contribute substantially to U.S. hotel revenues

SPAS HAVE BECOME major revenue contributors for U.S. upper-upscale and luxury hotels, according to the HVS 2019 performance report on spa departments. The report’s...

STR: U.S. hotels see 4 percent RevPAR increase in New Year week

THE NEW YEAR started on a positive note for U.S. hotels, according to STR. RevPAR went up 4 percent to $136.46 during the week of...

Hotstats: U.S. hotels see GOPPAR rise of 6.1 percent in November

AFTER A NEGATIVE profit turn in October, U.S hotels saw robust growth with a GOPPAR increase of 6.1 percent in November over last year,...