STR: U.S. Hotel Industry Reports Lowest Q3 Occupancy on Record
HENDERSONVILLE, Tennessee — In Q3 2020, the U.S. hotel industry reported its lowest third-quarter occupancy level on record, according to data from STR.
Compared to...
STR: U.S. Hotel Industry Performance Dips in September
HENDERSONVILLE, Tennessee—In September 2020, the U.S. hotel industry showed slightly lower performance from the month prior, according to data from STR.
U.S. Hotel Performance
September 2020...
A Tight Ship: Hotel Operators Adapt and Survive in 2020
Faced with the greatest declines in revenue since the 1930s, U.S. hotel operators in 2020 have demonstrated their ability to adapt to difficult market...
STR: U.S. Occupancy Hits 50 Percent for the Second Time Since Pandemic’s Low Point
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy hit 50 percent for just the second time since the low point of the pandemic, according to the latest...
STR: U.S. Occupancy Declines Going Into October
HENDERSONVILLE, Tennessee—In the final days of September and heading into October, U.S. hotel occupancy decreased slightly from the previous week, according to the latest...
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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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