STR: U.S. Occupancy Flat in First Week of November
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy stayed relatively flat for the week of November 1-7, 2020, compared to the previous week, according to the latest...
RPT Launches Hotel Forecast Toolkit to Assist with Recovery
Sunnyvale, Calif. – Russell Partnership Technology (RPT) recently announced a toolkit to assist hospitality businesses in planning their recovery strategies. The toolkit is built...
Baird/STR Hotel Stock Index Flattened in October
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index was mostly flat in October 2020, down just 0.2 percent to a level of 3,323. Year...
Invest in Smart Revenue Management to Protect the Bottom Line and Asset Valuation
As the aftershocks of historically low demand resonate across the industry, hoteliers can expect another year of disruption in 2021. This time changes will...
STR: U.S. Occupancy Drops to Lowest Levels Since June
HENDERSONVILLE, Tennessee—During the week of October 25-31, 2020, U.S. weekly hotel occupancy hit the lowest level of any week since late June, according to...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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