STR: Winter storm pushes Texas hotels’ occupancy to 50-week high
THE WINTER STORM that brought unusual snow to Texas knocked out power and water to millions of homes. That drove many residents to take...
STR: U.S. hotels’ early June performance drags post Memorial Day
U.S. HOTEL PERFORMANCE dropped in the first week of June compared to the week before due to the expected slowdown following the Memorial Day...
STR: Occupancy flat for third week of January
THE WEEK ENDING Jan. 23 saw flat performance for U.S. hotels, according to STR. Some hotels did receive a boost from the presidential inauguration...
HotStats: Hotel industry presses forward despite Delta variant concerns
THE PERFORMANCE OF U.S. hotels is improving month by month despite the disruption created by the Delta variant of COVID-19, according to HotStats.
RevPAR in...
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 performance up in the second week of November
U.S. HOTEL PERFORMANCE increased in the second week of November'22 compared to the week before, according to STR. All performance metrics improved during the...
STR: Occupancy for U.S. hotels dropped 68.5 in first week of April
U.S. HOTELS CONTINUED to see severely diminished performance from the COVID-19 pandemic during the week of March 29 to April 4, according to STR.
Occupancy...
CBRE: Short-term rentals affecting hotel valuations
THE SHORT-TERM rentals market, including online stay-share giant Airbnb, has grown to a point it is affecting the valuation of traditional hotels, according to...
HotStats: Omicron variant could derail hotel industry’s recovery
THE OMICRON COVID-19 variant could derail the hotel industry’s fledgling recovery if countries like the U.S. move forward to tighten testing policies, according to...
Baird/STR hotel stock index jumped 15.8 percent in October
THE BAIRD/STR Hotel Stock Index jumped 15.8 percent in October, according to STR. There were no signs of slowing as U.S. demand continued to...