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...
Baird/STR Hotel Stock Index Up 5 Percent in December
HENDERSONVILLE, Tennessee, and MILWAUKEE — The Baird/STR Hotel Stock Index was up 5 percent in December to a level of 4,574. For 2020 as...
STR: U.S. Hotel Profitability Worsened in November 2020
BROOMFIELD, Colorado — In November, U.S. hotel profitability fell back to levels seen during earlier months of the pandemic and year-over-year declines worsened from...
November HotStats Data Reveals Further Profit Strain in the United States and Abroad
LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...