U.S. hotel performance dips in first week of January
U.S. HOTEL PERFORMANCE dropped in the first week of January from the prior week, although year-over-year comparisons showed improvement, according to CoStar. Key metrics,...
STR: 2019 was record setting for hospitality
IT WAS ANOTHER record setting year for the U.S. hospitality industry in 2019, according to STR. However, it was also the slowest growth for...
STR: Occupancy hits 4-week high for U.S. hotels
GROUP TRAVEL CAME to the rescue for U.S. hotels during the second week of September, bringing occupancy up to a 4-week high, according to...
Study: Hotels should provide home-like entertainment tech experience
A SIMPLE COLOR TV and remote are no longer sufficient entertainment for today’s travelers. It is essential to provide the technology and service personalization...
STR: U.S. hotel performance dips in first week of April
A SLIGHT DROP was witnessed in U.S. hotel performance in the first week of April from the week before due to a continuing slump...
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...
STR: GOPPAR of U.S. hotels reach highest level since October 2019 in June
IN JUNE, GOPPAR for U.S. hotels reached its highest level since October 2019, according to STR. All profitability metrics were up in the month...
STR: U.S. hotels’ occupancy, RevPAR at second highest yearly levels
U.S. HOTEL PERFORMANCE rose from the previous week, while occupancy and RevPAR levels reached the second highest of the year, behind the week ending...
STR: Occupancy tops 40 percent in week ending June 13
ANOTHER WEEK, ANOTHER step toward recovery for U.S. hotels during the week ending June 13, according to STR. Occupancy finally rose above 40 percent...
LE: U.S. pipeline slows 1 percent in pandemic
THE COVID-19 PANDEMIC is barely slowing the rate of hotel construction in the U.S., according to Lodging Econometrics. During the second quarter the number...
