Coronavirus / COVID-19

STR: ADR Not Expected to Recover to Pre-2020 Levels in the Next Five Years

HENDERSONVILLE, Tenn. — Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the...
Hotel insurance costs rise

Costs on the Rise: Hotel Insurance Represents a Growing Expense for Hoteliers

As of the writing of this article, we are still evaluating the long-term impact that COVID-19 is having on the U.S. lodging industry. Owners...
Popular leisure spots in Florida, Texas, and South Carolina recorded some of the highest occupancy levels for the week of May 31-June 6, 2020.

STR: U.S. Hotel Occupancy Nears 40 Percent in First Week of June

HENDERSONVILLE, Tenn. — STR data for the week of May 31-June 6 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year...
COVID-19 finance

Financing Experts on Preparing for a New Normal

There is nearly universal agreement that these are indeed the darkest of days for the hospitality industry, as the entire world struggles with the...
May 2020

STR Data for Final Week of May: Occupancy Creeps Up

HENDERSONVILLE, Tenn. — STR data for the week of May 24-30 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines...

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conferences coronavirus

UPDATED: Industry Conferences Postpone, Cancel, and Go Virtual With Events

In light of the COVID-19 outbreak and recommendations from public health officials, several industry conferences have announced cancellations or rescheduled dates. The list below...
The HITEC 2019 show floor.

HFTP Shifts to Virtual Events This Fall With Cyber HITEC

On July 13, Hospitality Financial and Technology Professionals (HFTP) announced that October's "Best of HFTP" in-person events will pivot to the virtual "Cyber HITEC."...
Park Inn by Radisson Florence, S.C.

Park Inn by Radisson Florence Among the Brand’s First U.S. New-Builds

MINNEAPOLIS — Park Inn by Radisson recently announced the opening of its latest property: Park Inn by Radisson Florence in Florence, S.C. This marks...

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