January 2021

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,...
COVID-19 CBRE forecast

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...
Paycheck Protection Program (PPP)

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...
John Murphy, founding president of Evolution Hospitality, and David Parsky, founder of Arris Investments, announced this week their new venture, Triton Hospitality Group

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,...
St. Pete Beach — beach market

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...

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Times Square on March 28, 2020, after self-quarantine and social distancing was put in place in New York City to slow the spread of the COVID-19 pandemic.

NYU Hospitality Investment Conference Postponed to November 2021

NEW YORK — Due to continued concerns regarding COVID-19, the 43rd annual NYU International Hospitality Industry Investment Conference—originally slated to take place onsite at...
Rebound, Crisis Recovery

AHLA Forum: Experts See Recovery on the Horizon

The American Hotel & Lodging Association (AHLA) hosted its latest Forum Speaker Series panel, "Consumer and Business Travel Trends in 2021 and Beyond," on...
COVID-19 profit 2020

Hotstats: U.S. Hotel Industry Breaks Even in December

LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...