Report shows group travel increased in March
ANYONE WORRIED ABOUT whether group travel will return soon should be less concerned, according to research firm Knowland. The firm’s report for March found...
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...
LE: Marriott tops construction pipeline in the second quarter
MARRIOTT INTERNATIONAL TOPPED the U.S. the construction pipeline for franchise companies in the second quarter of this year with 1,301 projects with 170,847 rooms,...
STR: U.S. hotels’ profit for July exceeds 2019 levels
PROFIT FOR U.S. hotels exceeded 2019 levels in July, according to STR. However, experts with the research firm say the recovery is not yet...
Survey: Travelers are eager but cautious for summer
WITH CAUTIOUS EAGERNESS, Americans are ready to travel this summer, according to a survey from consulting firm Deloitte. There are some new trends in...
STR: U.S. hotel occupancy improves in fifth week of April
Occupancy was 66.6 percent for the week ending April 30, up from 65.8 percent the week before and down 3.4 percent from 2019. ADR...
STR: Occupancy down, ADR up in first week of July
OCCUPANCY FOR U.S. hotels went down some in the first days of July, but ADR rose on a weekly and yearly level, according to...
STR: U.S. hotel occupancy reached new high in last week of June
THE RECOVERY CONTINUED in the final full week of June for U.S. hotels, according to STR. Occupancy reached its highest level since late October...
STR: U.S. hotel performance increases in the fourth week of September
U.S. HOTEL PERFORMANCE increased in the fourth week of September compared to the week before, according to STR. Performance also improved when compared to...
STR: U.S. hotel performance stationary during last week of April
APRIL FINISHED FLAT for U.S. hotels, according to STR. However, the NFL Draft provided a boost for the host city of Cleveland.
Occupancy for the...
