STR: U.S. Hotel Profitability Rises Following Omicron Variant Dip
HENDERSONVILLE, Tennessee—After falling to roughly $20.00 in January, gross operating profit for U.S. hotels reached nearly $59.00—the highest level in the metric since October...
STR: U.S. Hotel Performance Slightly Decreases
HENDERSONVILLE, Tennessee—With lower Spring Break travel volume, U.S. hotel performance dipped slightly from the previous week, according to STR's latest data through March 26,...
Hotel Insurance: A Largely Uncontrollable Cost
In 2020 and 2021, U.S. hotel operators did a praiseworthy job controlling expenses to offset the significant declines in revenue. Based on data from...
STR: U.S. Hotel Industry Reports Higher Performance for February 2022
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance than the month prior, along with better-indexed comparisons with 2019, according to February 2022 data from...
STR: Spring Break Travel Boosts U.S. Hotel Performance
HENDERSONVILLE, Tennessee—Lifted by spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019, according to STR's latest...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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