Travel index: Thanksgiving road trips down 35 percent YOY
HEALTH EXPERTS’ WARNINGS not to travel over the Thanksgiving holiday had an effect as the numbers of travelers on the nation’s highways declined from...
HotStats: U.S. sees positive profits in October
AFTER MONTHS OF losing money during the COVID-19 pandemic, U.S. hotels finally saw positive profits in October, according to HotStats. Whether that trend continues...
Knowland: Meetings and events going up month over month
THE VOLUME OF meetings and events in the U.S rose by 53.6 percent in October over the previous month, showing signs of swift recovery, according to...
STR: Hotel occupancy continues weekly slide in November
AS THE U.S. hotel industry moves into the holiday season, performance continues to lag with weekly declines in occupancy, according to STR. At the...
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...
Report: Extended-stay segment’s strong performance continued in Q3
THE THIRD QUARTER presented no exception to the rule that U.S. extended-stay hotels, especially economy extended-stay, have been outperforming other categories of hotels during...
STR revises forecast for 2020
HIGHER THAN EXPECTED leisure travel in the fall led STR to upgrade its forecast for 2020. Expectations for 2021 remain the same as U.S....
AAA lowers its prediction for Thanksgiving travel
THE WINTER SURGE of COVID-19 cases is dampening Americans’ Thanksgiving plans, usually one of the busiest travel weekends of the year, according to AAA...
HotStats: U.S. hotels profit slightly improved in third quarter
THE THIRD QUARTER ended with U.S. hotels making slightly better profits than in the second quarter, but still struggling compared to prior years, according...
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...
