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...
Artful Approach: Hyatt Place and Hyatt House Tampa Downtown
Just across from the historic City Hall in Tampa, Florida, is the newly constructed, 17-story Hyatt Place and Hyatt House Tampa Downtown. The dual-branded...
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...
Wyndham Opens First La Quinta and Hawthorn Suites Dual-Brand Hotel
AUSTIN, Texas & PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the opening of the first La Quinta and Hawthorn Suites dual-branded hotel concept in...
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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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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