STR: U.S. Hotel Occupancy Reaches Second Highest Level This Year
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR's latest data through May 20,...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...
STR: U.S. Weekly Hotel Performance Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR's latest data through May 13, 2023.
U.S. Hotel Performance
May 7-13, 2023
Percentage change from...
Baird/STR Hotel Stock Index Increases 1.4 Percent in April 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index increased 1.4 percent in April to a level of 5,430.
“Hotel stocks increased in April, and the...
STR: U.S. Hotel Performance Grows Year Over Year
HENDERSONVILLE, Tennessee—U.S. hotel performance showed mixed results from the previous week but grew year over year, according to STR's latest data through May 6,...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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