Budget season

Budget Season Is Here and the Gloves Are Off

For hotels, budget season is the main event of the year—a time when owners and operators battle it out in the ring over next...
Among top markets, Tampa/St. Petersburg, Fla., recorded the highest TrevPAR and GOPPAR levels in June 2020.

STR: Full-Service Hotels Break Even With 50 Percent Occupancy in June

BROOMFIELD, Colo. — STR's latest monthly P&L data release shows U.S. hotel gross operating profit per available room (GOPPAR) declined 105.4 percent in June...
COVID-19 hotel transaction and real estate

COVID-19 Drives U.S. Hotel Transaction Volume Down 74 Percent

BROOMFIELD, Colo. — U.S. hotel transactions declined 74 percent year-over-year from March to May 2020, according to the newly released Hotel Transaction Almanac produced...
Coronavirus / COVID-19

Baird/STR Hotel Stock Index Fell 5.3 Percent in June

HENDERSONVILLE, Tenn., and Milwaukee — The Baird/STR Hotel Stock Index fell 5.3 percent in June 2020 to a level of 3,060. Year to date...
Coronavirus / COVID-19

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...
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