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...
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...
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...
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...
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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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...
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 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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