STR and TE release new 2022 forecast at HDC
OCCUPANCY PROJECTIONS ARE dropping while ADR projections are rising in a new forecast for U.S. hotels by STR and Tourism Economics. RevPAR is still...
Guest feedback platform offers report on online reviews
ONLINE REVIEWS ARE increasingly important to hotels in the modern age. A new report from guest feedback platform TrustYou offers insight into the state...
STR: Occupancy down, ADR up in first week of July
OCCUPANCY FOR U.S. hotels went down some in the first days of July, but ADR rose on a weekly and yearly level, according to...
Global Update: WHO and Lady Gaga plan ‘Together at Home’ concert
Here is the update on efforts to track the spread of the coronavirus global pandemic as of April 7. Data is from the World...
STR: Hotel construction in December down 61K rooms from peak
HOTEL CONSTRUCTION DROPPED in December, falling 61,000 rooms below the peak reached in early 2020, according to STR. The number of projects under construction...
BAIRD/STR Hotel Stock Index dropped again in June
THE BAIRD/STR HOTEL Stock Index dropped in June for the second consecutive month. The index dropped for the first time, after rising continuously for...
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: U.S. hotels show tenuous profit in October
ANOTHER MEASURE HAS found that U.S. hotels made a profit in October, this one by STR. The travel research firm, like other agencies, made...
STR lowers forecast for early 2021
STR AND TOURISM Economics have lowered their forecast for U.S. hotels to recover from the COVID-19 pandemic in the first part of 2021. The...
HotStats: Profits competed with costs in May
U.S. HOTELS CONTINUED to show profits in May as travel resumed, according to HotStats. However, revenue labor costs also continued to eat into revenue.
Globally,...
