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Economy Chains Face Lack of Demand

Economy Chains Face Lack of Demand

In the rapidly expanding room pipeline of the U.S. hotel industry, one segment seems to have fallen out of favor with developers. In June 2016, STR counted 166,000 rooms under construction. However, only 1,000 of these rooms were in the ...

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January Sees Slight Growth in Industry

The U.S. hotel industry’s occupancy remained nearly flat in STR’s latest year-over-year results for January 2016, holding steady at 54 percent. However, the industry experienced slight growth: Average daily rate for January was up 2.8 percent, while revenue per available ...

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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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