HotStats: U.S. hotels’ profits remain flat in January
THE FIRST MONTH of 2021 saw consistent profits performance by U.S. hotels, according to HotStats. Unfortunately, it remained consistently low.
GOPPAR for the month was...
STR: U.S. hotels report highs in the third week of June
THE REVPAR OF U.S. hotels reached an all-time weekly high on a nominal and a pandemic-era high on an inflation-adjusted basis in the third...
STR: Occupancy, RevPAR dip in first week ending Oct. 2
THE PERFORMANCE OF U.S. hotels dipped for the first week of October when compared to previous week, according to STR.
Occupancy was 61.7 percent for...
STR: Super Bowl to boost L.A. ADR and RevPAR
IN ANOTHER SIGN of recovery from the COVID-19 pandemic, this year’s Super Bowl is expected to bring increases in hotel business to host city...
STR, TE update U.S. forecast upward in light of strong ADR
THE UPWARD MOVEMENT of ADR for U.S. hotels lifted the forecast for the market by STR and Tourism Economics. The travel research firms released...
Trepp: Percent of delinquent CMBS loans rose to 7.15 percent in May
EXPERTS WERE NOT surprised by the rise in delinquencies on commercial mortgage backed securities loans that happened in May. The size of the drop,...
STR, TE forecast muted occupancy, RevPAR, and ADR growth for 2023-24
REVPAR PROJECTIONS FOR U.S. hotels in 2023 were reduced by 0.5 percentage points due to a 0.6 percentage point drop in occupancy growth, according...
STR: U.S. hotels profits recovering from Omicron dip
THE OMICRON VARIANT of COVID-19 has come and, for now, gone, and U.S. hotels are recovering quickly according to STR. The recovery does come...
STR: U.S. hotels’ February GOPPAR exceeded pre-pandemic levels
GOPPAR FOR U.S. hotels in February exceeded the levels of the pre-pandemic comparable time period and was the highest since October 2022, according to...
STR: January ends on flat performance note for U.S. hotels
JANUARY CLOSED WITH flat performance for U.S. hotels, according to STR.
Occupancy for the week ending Jan. 30 was 40.4 percent, up slightly from 40...
