STR: U.S. Hotel Performance Lowers From Previous Week

HENDERSONVILLE, Tennessee — U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019, according to STR's latest data...

STR: U.S. Hotel GOPPAR Improves Over Previous Month and Pre-Pandemic Comparable

HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) improved from the month prior and exceeded the pre-pandemic comparable, according to STR's September...
acquisitions

Selina and BOA Acquisition Corp. Close Business Combination

NEW YORK—Selina and BOA Acquisition Corp. (BOA), a publicly traded special purpose acquisition company, announced the closing of their business combination. The business combination was...

STR: U.S. Hotel Performance Decreases, Shows Improved Comparisons With 2019

HENDERSONVILLE, Tennessee—U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR's latest data through October 22,...
utility costs

Controlling Utility Costs: U.S. Hotel Owners and Operators Have Tools Available to Meet This...

Annual changes in U.S. hotel utility costs and in the Consumer Price Index (CPI), or inflation, have historically proven to be strongly correlated. As...
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IHG’s Garner Brand Grows Across Company’s EMEAA Region

LONDON—IHG Hotels & Resorts continued the growth of its newest midscale conversion brand Garner hotels, now available across IHG’s Europe, Middle East, Asia &...

CoStar: U.S. Hotel Rooms Construction Grows Year Over Year

WASHINGTON—The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar's March 2024...

Wyndham Business Program Manages Company Travel

PARSIPPANY, New Jersey—Designed for businesses of all types and sizes, the Wyndham Business program manages companies' travel needs with the all-new Wyndham Rewards Business,...
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