Tag: finance
JLL Arranges Hampton Inn & Suites Fredericksburg South Sale
WASHINGTON, D.C.—JLL Hotels & Hospitality Group announced that it arranged the sale of the Hampton Inn & Suites Fredericksburg South, a 121-key hotel in...
STR: U.S. Hotel Industry Reports Higher Performance in May 2023
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance from the month prior, according to May 2023 data from STR.
U.S. Hotel Performance
May 2023
Occupancy: 64.8 percent...
Baird/STR Hotel Stock Index Dropped 2.6 Percent in May 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index declined 2.6 percent in May to a level of 5,287.
“Hotel stocks were mixed in May—the Hotel...
Uptick in Profit: Group Demand and F&B Revenues Drive Gains
After hitting record lows during early points of the pandemic, last year finally presented long-awaited profitability returns for the U.S. hotel industry. Strong demand,...
STR: U.S. Hotel Performance Decreases in Alignment With Memorial Day
HENDERSONVILLE, Tennessee—As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR's latest data through June 3,...