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LODGING Staff1

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May 2021

STR: U.S. Hotel Occupancy Reaches 60 Percent

HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy reached the 60 percent mark for the first time since the start of the pandemic, according to STR‘s latest data through May 22, 2021. U.S. Hotel Occupancy Performance Change from Comparable...
April 2021

STR: U.S. Hotel GOP Reached 60 Percent of 2019 Levels in April 2021

BROOMFIELD, Colorado—Gross operating profit (GOP) for U.S. hotels reached 60 percent of the comparable 2019 level, according to STR‘s April 2021 monthly profit and loss (P&L) data release. GOP in comparison with 2019 improved...
best employers for veterans

Hospitality Companies Form Alliance to Partner with Veteran Services USA

COVINGTON, Kentucky—Commonwealth Hotels announced a strategic alliance with Radisson Hotel Group Americas and Lockwood Development Partners to acquire and jointly re-develop nine hotels across eight states in partnership with Veteran Services USA, forming a...
Comings & goings

This Week’s Comings & Goings

Erin Green has been named senior vice president for JLL Hotels & Hospitality’s global hotel asset management team. Based in Chicago, Green is leading operator selection, asset management, and business development. Before JLL, Green...
Hotel revenue management

World Cinema Launches Creative Agency CarrierWave

World Cinema (WCI), a technology provider for properties nationwide, announced its full-service creative agency CarrierWave, further highlighting WCI’s position to meet the needs of hotels, multifamily properties, student housing properties, and senior living communities....