Baird/STR: Hotel stock index dropped 11.7 percent in January
GROWING COVID-19 CONCERNS resulted in a significant drop of 11.7 percent to 4,296 in the Baird/STR Hotel Stock Index for February. That follows a...
Report: Independent boutiques maintaining growth
AS REVPAR GROWTH continues to slow for U.S. hotels, independent boutique hotels continue to hold steady, according to a report from The Highland Group....
STR: U.S. hotel occupancy down 1.7 percent in the final week of February
U.S. HOTELS EXPERIENCED mixed results during the last week of February, according to STR, with drops in occupancy and RevPAR. The spreading coronavirus was...
HotStats: U.S. hotels see a 0.6 percent rise in profits in January
U.S. HOTELS STARTED January with a 0.6 percent year-over-year increase to $67.79 in GOPPAR, according to HotStats. But, as the full scope of the...
Survey: U.S. hotel sales dropped 21 percent in 2019
U.S. HOTEL SALES decreased nearly 21 percent in 2019 compared to the previous year, according to hospitality consulting firm Hotelivate. Low RevPAR growth and...
STR: U.S. hotels see 0.8 percent occupancy increase in January
THE U.S. HOTEL industry started 2020 with increases in RevPAR in January, rates and occupancy, according to STR. However, concerns linger over the impact...
CBRE: Spa revenue surpassed room and total operating revenues in 2018
U.S. HOTELS HAVE reported a higher spa revenue than room revenue and total operating revenue, according to CBRE Trends in the Hotel Spa Industry....
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: U.S. hotel pipeline grew 6.8 percent in January
THE U.S. HOTEL construction pipeline grew again in January, according to STR. The growth is uneven, however, with more happening in certain markets and...
Miami hotels set Super Bowl weekend records
MIAMI HOTELS SET records for ADR and RevPAR over the recent Super Bowl weekend, according to STR. The timing of the game was one...
