Behind the Conversion Trend
Attorney David Reina of Morris, Manning & Martin LLP’s Hospitality Practice already observes a clear uptick in acquisitions of distressed hotels for conversion into...
STR: U.S. Hotel Occupancy Up 4 Percentage Points in Second Week of February
HENDERSONVILLE, Tennessee—U.S. hotel occupancy increased more than 4 percentage points in the second week of February over the previous week, according to STR's latest...
Hotel Equities and Virtua Partners Form 33 Degrees
Alpharetta, Ga. — Hotel Equities and affiliated global private equity group Virtua Partners officially announced the launch of 33 Degrees, a master brand encompassing...
STR: U.S. Hotel Occupancy at 40.9 Percent in First Week of February
HENDERSONVILLE, Tennessee — In the first week of February, U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR's latest...
Baird/STR Hotel Stock Index Down 8.2 Percent in January
HENDERSONVILLE, Tennessee, and MILWAUKEE — The Baird/STR Hotel Stock Index dropped 8.2 percent in January 2021 to a level of 4,199.
“Hotel stocks pulled back...
