Arrivalist: July 4 travel better than expected
DESPITE RISING NUMBERS of COVID-19 cases in several states, travel over the July 4 weekend exceeded expectations, according to travel data company Arrivalist. It...
Red Roof pipeline grew 20 percent in 2019
RED ROOF SAW 20 percent growth in it's new construction pipeline across its system in 2019. The company expects to have more 60,000 rooms...
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,...
STR: Third week of May gets occupancy boost from Memorial Day
U.S. HOTEL OCCUPANCY rose a bit during the week ending May 23 compared to the previous week, with a particular bump seen over the...
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...
STR: U.S. hotel performance dips in the first week of July in holiday trend
U.S. HOTEL PERFORMANCE dipped in the first week of July when compared to the week before mainly due to decline in demand on account...
Hotel Insurance – A Largely Uncontrollable Cost
IN 2020 AND 2021, U.S. hotel operators did a praiseworthy job controlling expenses to offset the significant declines in revenue. Based on data from...
STR: Week ending June 27 showed mixed recovery results
U.S. HOTELS SAW the same glimpses of recovery from the pandemic-generated economic downturn during the week ending June 27 that have appeared over the...
STR: U.S. hotels occupancy up to nearly 40 percent first week of June
STR data showed a slight improvement in the U.S. hotel performance for the week ending June 6.
The occupancy rate for U.S. hotels rose to...
Report: Economy extended-stay strong in April
ECONOMY EXTENDED-STAY hotels continued to show resilience during the first full month of the COVID-19 pandemic, according to the latest report from hotel investment...
