CBRE Adjusts U.S. Forecast in Light of COVID-19 Surge and Vaccine News
DALLAS — The recent surge in COVID-19 infections has dampened expectations for U.S. hotel performance through the first half of 2021, but news of...
When to Consider an Open-Bid Auction or Sealed-Bid Sale to Liquidate a Lodging Asset
Lodging asset owners and lenders have options when the sale of a distressed asset is required due to market dynamics like those in today’s...
Baird/STR Hotel Stock Index Jumped 31 Percent in November
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index was up 31 percent in November 2020 to a level of 4,354. Year to date through...
STR: U.S. Weekly Occupancy Falls to Lowest Level Since Late May
HENDERSONVILLE, Tennessee—During the week of Thanksgiving, U.S. hotel occupancy fell to its lowest weekly level since late May, according to the latest data from...
STR: U.S. Hotel Profitability Improves in October
BROOMFIELD, Colorado—In October 2020, U.S. hotel profitability hit double figures for the first time since February, and year-over-year comparisons improved slightly from the previous...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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