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...
Report: Economy extended-stay strong in April
ECONOMY EXTENDED-STAY hotels continued to show resilience during the first full month of the COVID-19 pandemic, according to the latest report from hotel investment...
U.S. hotel pipeline closed 2019 with 4 percent projects increase
THE U.S. HOTEL pipeline has completed its eighth consecutive year of growth in 2019 with a year-over-year increase of 4 percent in terms of...
STR: Occupancy drops below 40 percent in second week of January
U.S. HOTEL PERFORMANCE continued its downward spiral in the second week of January, according to STR. It’s a sign that the holiday travel boost...
STR: March ends with severe drops in occupancy, ADR and RevPAR
THE FINAL FULL week of March ushered in severe declines in occupancy, ADR and RevPAR for U.S. hotels, according to STR. Such steep drops...
STR: U.S. hotel occupancy up 0.6 percent in December
THE U.S. HOTEL industry wrapped up 2019 with positive results as December saw increases in RevPAR, ADR and occupancy, according to STR.
The industry posted...
HVS: Value of U.S. hotels eroded by COVID-19 pandemic
THE VALUE OF most hotels in the U.S. declined by 15 to 30 percent as a result of the COVID-19 pandemic, according to an...
Surveys: Americans optimistic about leisure travel in 2021
U.S. ADULTS’ LEISURE travel intent will remain high for the first half of 2021 with a ‘cautiously optimistic’ outlook, according to a survey by...
Report: U.S. extended-stay hotels continue good performance in April
U.S. EXTENDED-STAY HOTELS continued their good performance in all measures of performance in April compared to 2019 and higher than in March, according to...
LE: Marriott, Hilton and IHG stay atop U.S. pipeline
AS THEY HAVE for the past few years, three companies dominate the U.S. hotel construction pipeline, according to Lodging Econometrics. Marriott International, Hilton Worldwide...
