AHLA: Hotels losing billions to COVID-19 pandemic
THE U.S. HOTEL industry has lost billions of dollars so far as a result of the COVID-19 pandemic and shutting of the nation’s economy,...
Article: Resort fees can increase revenue for hotels
U.S. HOTEL OWNERS and operators are looking at all potential sources of revenue beyond the rental of guest rooms. Resort fees are one feasible revenue...
STR: U.S. hotels see declines in early March due to COVID-19
FEBRUARY MAY HAVE been the last month of positive growth for U.S. hotels for the next few months due to the COVID-19 pandemic, according...
U.S topped global construction pipeline in 2019
THE U.S. TOPPED the global hotel pipeline in 2019, according to Lodging Econometrics. Several U.S. cities also topped the list for development.
The total global...
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...
