STR: Occupancy flat for third week of January
THE WEEK ENDING Jan. 23 saw flat performance for U.S. hotels, according to STR. Some hotels did receive a boost from the presidential inauguration...
U.S. hotels’ profits drop nearly 85 percent in 2020, per STR
U.S. HOTELS’ PROFITS dropped 84.6 percent in 2020, according to STR. The industry also went another month little to no profit in December, according...
STR lowers forecast for early 2021
STR AND TOURISM Economics have lowered their forecast for U.S. hotels to recover from the COVID-19 pandemic in the first part of 2021. The...
STR: U.S. hotels rebounded some in week ending Jan. 16
U.S. HOTELS REBOUNDED some in the third week of January, climbing back to more than 40 percent occupancy, according to STR. Occupancy was still...
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....
