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: Occupancy drops below 40 percent in second week of January
U.S. HOTEL PERFORMANCE continued its downward spiral in the second week of January, according to STR. It’s a sign that the holiday travel boost...
Survey: Hotels are trying new strategies to survive pandemic
THE BEGINNING OF recovery from the COVID-19 pandemic may be just around the corner for the U.S. hotel industry, but that doesn’t mean a...
Hotel stock index up 5 percent in December
THE BAIRD/STR Hotel Stock Index rose 5 percent in December on the market’s optimistic outlook for the future. However, for 2020 as a whole...
STR: U.S. hotels get occupancy boost from New Year holiday
THE NEW YEAR’S holiday weekend boosted occupancy for U.S. hotels in the week ending Jan. 2, according to STR. Unfortunately, the boost is expected...
Report: U.S. hotels demand up some for holidays
THE HOLIDAYS DID bring some increase in demand for U.S. hotels, albeit still less than previous years, according to online booking research firm Koddi....
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...
Report: Extended-stay hotels comparatively strong in November
EXTENDED-STAY HOTELS in the U.S. in November continued the trend of outperforming other segments during the current downturn, according to a report from hotel...
STR: November performance down from previous month
NOVEMBER GAVE U.S. hoteliers little cause to be thankful as performance dropped from the previous month. The third week of December also saw decreases.
Occupancy...
STR: Occupancy flat in week ending Dec. 12
U.S. HOTELS SAW little change in performance during the second week of December compared to the previous week, according to STR. Occupancy and all...