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Hotels in Major Cities Suffer Holiday Slump

Hotel performance across the country wasn’t as merry as last year, according to STR. New York City in particular experienced a notable drop in occupancy, ADR, and RevPAR over the Christmas holiday. During the week of Dec. 20 to 26, ...

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U.S. Hotel Industry Surpasses 5 Million Rooms

The U.S. hotel industry has eclipsed 5 million available rooms for the first time, according to data from STR. The company’s June 2015 census shows 5,001,163 rooms in 53,554 properties nationwide. The industry plateaued at 4.5 million rooms in February ...

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ALIS: Don’t Worry, Be Happy with the Numbers

ALIS: Don’t Worry, Be Happy with the Numbers

The U.S. hotel industry experienced a record-breaking year in 2014, as occupancy rose 3.6 percent, average daily rate (ADR) increased 4.6 percent, and revenue per available room (RevPAR) went up 8.3 percent, STR data shows. With an increase of 4.5 ...

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