STR: U.S. Hotel Profitability Stalled in September
BROOMFIELD, Colorado—The U.S. hotel industry reported a third consecutive month with single-digit profitability, but improvements in year-over-year comparisons stalled, according to STR‘s latest monthly...
STR: U.S. Hotel Occupancy Drops Below 50 Percent
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy fell back below the 50 percent mark, according to the latest data from STR for the week of October...
HotStats: U.S. Hotel Profit Stuck in Neutral as World Switches Gears
LONDON — For the seventh consecutive month, U.S. hotels remained in negative gross operating profit per available room (GOPPAR) territory in September 2020; at...
Resort Resilience: Will Resorts Survive the Global Pandemic?
Resorts are a particularly resilient market segment. They survived 9/11 and the 2008 financial crisis with very little negative impact, and data shows that...
STR: Occupancy Remains Above 50 Percent for Second Consecutive Week
HENDERSONVILLE, Tennessee—U.S. hotel occupancy for the week of October 11-17, 2020, was virtually flat from the previous week at 50.1 percent, according to the...
Most Popular
An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
Advertisement