CoStar: Corporate, group demand boosted U.S. hotel profitability in September
U.S. HOTEL PROFITABILITY rose in September, driven by increased corporate demand and group bookings, according to STR's May 2023 Profit & Loss data. Meanwhile,...
STR: Short-term rentals remain strong in February
FEBRUARY WAS ANOTHER strong month for short-term rentals in Miami, Nashville and Philadelphia, according to STR. Short-term rentals continued to outperform hotels in all...
STR: Short-term rentals see mixed performance in three markets
DESPITE A MIXED performance in January, short-term rentals outperformed hotels in three markets, Miami, Nashville and Philadelphia, according to STR. The data comes from...
LE: U.S. pipeline slows 1 percent in pandemic
THE COVID-19 PANDEMIC is barely slowing the rate of hotel construction in the U.S., according to Lodging Econometrics. During the second quarter the number...
STR: Columbus Day boosted U.S. hotel performance
U.S. HOTEL PERFORMANCE rose to a level similar to late summer for the week ending Oct. 9, backed by the long Columbus Day weekend,...
Hotel stock index flat in October
HOTEL STOCKS WERE relatively flat in October, but still outperformed other indexes, according to the Baird/STR Hotel Stock Index. Rising numbers of COVID-19 cases...
LE: U.S. led 2023 global construction pipeline with 5,964 projects
THE GLOBAL HOTEL construction pipeline achieved unprecedented project counts in the fourth quarter of 2023, led by the U.S. with 5,964 projects and 693,963...
STR: Occupancy continues to sink in week ending Nov. 14
U.S. HOTEL PERFORMANCE continued to slip during the week ending Nov. 14, according to STR. Occupancy has declined three weeks in a row.
Occupancy for...
STR: U.S. hotel occupancy see second highest rise since February
U.S. HOTELS REACHED a new high in the second week of May, according to STR. Occupancy reached its second-highest level since the start of...
STR: Winter storm pushes Texas hotels’ occupancy to 50-week high
THE WINTER STORM that brought unusual snow to Texas knocked out power and water to millions of homes. That drove many residents to take...
