STR: U.S. Monthly GOPPAR Turned Positive for the First Time Since February
BROOMFIELD, Colorado—U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR's latest monthly...
Extended Stay America Opens Location in Florida’s ‘Space Coast’
Charlotte, N.C. — Extended Stay America, Inc., recently announced the opening of the Extended Stay America–Titusville–Space Center in Titusville, Florida.
The four-story, 124-room property has...
Middle East Hotel Pipeline Shows Signs of Decline in Q2
PORTSMOUTH, N.H.—According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of...
Advantage Hotels Launches Flexible Licensing Agreement Program
AUSTIN — Advantage Hotels, Inc. (AHI), which formed in June 2019, has spent the past few months revamping its franchise model to address the...
STR: U.S. Hotel Occupancy Hits 50 Percent for the First Time Since Mid-March
HENDERSONVILLE, Tenn. — U.S. weekly hotel occupancy hit 50 percent for the first time since mid-March, according to the latest data from STR. Compared...