STR: U.S. hotels’ profits stall in September
U.S. HOTELS TURNED profits in September, but year-over-year improvements stalled, according to STR’s P&L report for the month. Urban properties continue to operate without...
Arbor Lodging to manage Illinois Marriott
ARBOR LODGING MANAGEMENT has been contracted to manage the Marriott Chicago Northwest in Hoffman Estates, Illinois, as a third party. The Chicago-based company’s portfolio...
STR: U.S. hotel occupancy falls below 50 for week of Oct. 24
U.S. HOTEL PERFORMANCE faltered in the third week of October, ending a streak of meager week-to-week improvements, according to STR. Occupancy fell below 50...
LE: U.S. hotel construction pipeline marginally down in Q3
THE LATEST REPORT by a global hotel intelligence firm has found out that the U.S. hotel construction pipeline was down slightly in the third...
HotStats: U.S. trails the world in hotel profits
U.S. HOTELS REMAIN stuck in the low profitability trend begun by the COVID-19 pandemic even as the global market continues to adjust upward, according...
STR: October sees steady improvement in U.S. hotel performance
U.S. HOTEL PERFORMANCE has improved steadily so far in October, according to STR. That follows an improved performance in September that was the highest...
HAMA survey predicts RevPAR declines of 50 to 75 percent
MOST HOTEL ASSET managers are expecting continuing declines in RevPAR for U.S. hotels until 2023, many between 50 to 75 percent, according to a...
Hotel stocks dipped 7.1 percent in September
U.S. HOTEL STOCKS dropped again in September amid investors’ concerns about the economy slowing and a possible rise in COVID-19 cases, according to the...
STR: U.S. hotels’ occupancy flat for week ending Sept. 19
U.S. HOTELS’ PERFORMANCE remained flat for the week ending Sept. 19. The highest occupancies were again driven by disasters, such as Hurricane Laura and...
HotStats: U.S. hotel profits lag behind global markets
U.S. HOTELS ARE lagging behind other global markets in profitability in August as the nation surpassed 200,000 deaths from the COVID-19 pandemic, according to...
