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...
Article: Cash shortage for U.S. hotels to cause 51.9 percent fall in RevPAR
GROSS OPERATING PROFITS for U.S. hotels will fall more than 80 percent as a result of the COVID-19 pandemic, according to an article from...
STR: U.S. occupancy hits 50 percent
U.S. HOTEL PERFORMANCE went up in July over June, though it remained down from last year. The trend continued into the second week of...
Report: Extended-stay hotels on top in first half of 2020
EXTENDED-STAY HOTELS in the U.S. have seen their steepest declines ever in occupancy and other performance metrics since the COVID-19 pandemic shut down the...
