Guitar Hotel

Hard Rock Opens $1.5 Billion Guitar Hotel

HOLLYWOOD, Fla. — The Guitar Hotel at Seminole Hard Rock Hotel & Casino has officially opened as part of a $1.5 billion expansion. The...
COMPASS Guestroom

Margaritaville Breaks Ground on Its First COMPASS Hotel

ORLANDO—Margaritaville Holdings announced today that it has broken ground on its first COMPASS by Margaritaville Hotels & Resorts property and shared details on the...

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...
Top 25 Markets Hotel Rooms Revenue

Top 25 Markets Set the Performance Pace for U.S. Hotels

STR’s Top 25 Markets are the largest of the STR-defined U.S. markets, accounting for approximately 32 percent of hotel rooms across the country. Historically,...

U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960

Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...

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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...