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U.S. Lodging Industry Capital Expenditures Continue To Accelerate

Following three years of limited capital expenditures beginning in 2009, U.S. lodging industry capital expenditures for existing hotels are accelerating. The forecast for the coming year is for capital expenditures of approximately $5.0 billion, a 33 percent increase over 2011’s ...

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Summer Forecast

As the U.S. hotel industry continues to post good results, STR is optimistic about the outlook for the summer of 2012. A look at what has transpired already this year provides a solid background for the optimism. During the first ...

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Stay Connected

More than half of all mobile phone subscribers in the United States own smartphones, according to a recent Nielsen estimate. To cater toward the growing trend of mobile applications, technology companies are developing new solutions that allow hotel employees to ...

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Will Meetings Market Recovery Continue In 2012?

According to Smith Travel Research, group demand (measured as a percent of total demand) began to grow year-over-year in March of 2010. Since then, the group occupancy rate has steadily increased, but has yet to reach the pre-recession levels observed ...

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