STR: Weekly Occupancy Climbs Above 40 Percent
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy climbed back to the 40 percent mark, according to STR data for the week of January 10-16,...
STR: 2020 Is Officially the Worst Year on Record for U.S. Hotels
HENDERSONVILLE, Tennessee—According to year-end 2020 data from STR, the U.S. hotel industry reported all-time lows in occupancy and revenue per available room (RevPAR).
In addition...
What to Know About the Second Round of COVID-19 Stimulus
On Sunday, December 27, 2020, the president signed the Consolidated Appropriations Act, 2021. The Act combines a $1.4 trillion omnibus appropriations bill for the...
Evolution Hospitality and Arris Investments Founders Launch Triton Hospitality Group
SANTA MONICA, Calif. — John Murphy, founding president of Evolution Hospitality, and David Parsky, founder of Arris Investments, announced this week their new venture,...
Finding Business in 2020: Capturing Demand in Beach Markets and Beyond
Since the pandemic’s low point in mid-March when COVID-19 began prompting shutdowns and travel restrictions in the United States, STR recorded just three instances...