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Development Boom: Upscale Limited-Service Hotels

According to STR, upscale limited-service hotels are currently in the midst of a development boom. These limited-service upscale properties are especially popular in crowded downtown areas where hotels don’t necessarily need to have an in-house restaurant or conference center. In ...

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Q1 2017 Hotel Performance

According to a new report from STR, the U.S. hotel industry has seen year-over-year growth in the first quarter of 2017. Occupancy was up 0.9 percent, ADR was up 2.5 percent to $124.27, and RevPAR was up 3.4 percent to ...

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Hotel Voice Searches on the Rise

New data from Microsoft search engine Bing suggests that travel searches by voice are increasing. In the U.K., there has been a 343 percent year-over-year increase in Brits looking to book their hotels using the Cortana digital assistant on their ...

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Data: U.S. Hotel Performance in March 2017

A March 2017 report of hotels’ performance in the U.S. is delivering positive news to the industry. According to newly-released data from the firm STR, three key metrics topped March 2016 numbers — occupancy (up 2.6 percent), average daily rate ...

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South Florida Hotels Bounce Back

After months of decline, hotels in Miami-Dade County are beginning to show signs of growth, according to data from the firm STR. About 7.1 percent more rooms were sold in March 2017 compared to March 2016. However, ADRs are still ...

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Will Extended-Stay Hotels Attract the Next Generation?

Demand for extended-stay hotels has risen in recent years, and hotels are seeing record revenues as a result. Yet the future remains uncertain for this industry segment, as consumer demands change and homesharing becomes more mainstream. Read more here.

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