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...
Surveys: Fewer Americans traveling for holidays
THE OLD SONG “Home for the holidays” has a new meaning this year as most Americans are expected to stay home, not travel to...
Knowland: Meetings and events grew 15 percent in November
MEETINGS AND GROUP events in the U.S. increased 15 percent in November, according to group hospitality analytics firm Knowland. Most of the events were...
STR: Occupancy up some in week ending Dec. 5
OCCUPANCY FOR U.S. hotels rose slightly in the first week of December, according to STR. Timing and the Thanksgiving holiday weekend may have played...
HVS: Value of U.S. hotels eroded by COVID-19 pandemic
THE VALUE OF most hotels in the U.S. declined by 15 to 30 percent as a result of the COVID-19 pandemic, according to an...
Hotel stock index rose 31 percent in November
THE BAIRD/STR Hotel Stock Index rallied with the rest of the stock market after the presidential election, surging up 31 percent in November. Along...
STR: U.S. hotels show tenuous profit in October
ANOTHER MEASURE HAS found that U.S. hotels made a profit in October, this one by STR. The travel research firm, like other agencies, made...
