STR: August performance up over July but still at record low
U.S. HOTELS SAW a rise in performance during August from July, but occupancy levels for the month were the lowest of any on record,...
Forecast tracker predicts 29 percent decline in occupancy over next 12 months
THE COVID-19 PANDEMIC will cost U.S. hotels a 29 percent decline in annual hotel occupancy over the next 12 months, according to a study...
STR: Labor Day weekend boosts occupancy
LABOR DAY WEEKEND provided an expected boost to U.S. hotels’ occupancy for the week ending Sept. 5, according to STR. However, now leisure travel...
Baird/STR Hotel Stock Index rose 19 percent in August
THE BAIRD/STR Hotel Stock Index jumped up 19 percent in August, driven by medical progress against the COVID-19 pandemic and new interest rate policies,...
AHLA survey reveals travelers’ needs for comfort during pandemic
FACEMASKS ON EMPLOYEES and guest and suspended housekeeping services and use of technology to avoid contact were top priorities for travelers’ comfort, according to...
Knowland: Group travel is happening
GROUP TRAVEL IS coming back, mostly corporate related, according to Knowland. This could be good news as the summer vacation season is, so far,...
STR: Texas, Louisiana see ‘storm surge’ in hotel occupancy after Hurricane Laura
HURRICANE LAURA LED to a demand surge for hotels in Texas and Louisiana hotels during the week ending Aug. 29, according to STR. However,...
STR: Occupancy dropped below 50 percent in week ending Aug. 22
WITH LABOR DAY around the corner, U.S. hotel occupancy slipped back below 50 percent during the week ending Aug. 22, according to STR. However,...
HotStats: U.S. GOPPAR remains negative in July
GOPPAR REMAINED BELOW zero for U.S. hotels in July, according to HotStats global P&L data for the month. There was some good news in...
STR: GOPPAR positive in July, first time since February
U.S. HOTEL OCCUPANCY crept above 50 percent in the week ending Aug. 15 and other signs continued to indicate a gradual rise toward recovery...
