Black Bear Capital Partners Arranges Financing for Motel 6 San Jose Acquisition
CHICAGO and SAN JOSE—Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management, announced that it has arranged $27.5 million in hotel...
STR: U.S. Hotel Performance Fell Following Memorial Day Travel
HENDERSONVILLE, Tennessee—Reflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR's latest data through June 4,...
STR, Tourism Economics Upgrade Forecast to Full U.S. RevPAR Recovery in 2022
NEW YORK—STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric...
STR: U.S. Hotel Performance Dips From Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance dipped slightly from the previous week, according to STR's latest data through May 28, 2022.
U.S. Hotel Performance
May 22-28, 2022
Percentage...
STR: U.S. GOPPAR Exceeds Pre-Pandemic Levels for Second Consecutive Month
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR's April 2022...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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