Rapid Declines: Hotel Profitability During COVID-19
STR’s newly launched monthly profit and loss program examines COVID-19’s effect on March 2020 U.S. hotel profitability (or lack thereof). This pandemic has significantly...
STR and Tourism Economics Slightly Upgrade 2020 U.S. Hotel Forecast
HENDERSONVILLE, Tennessee—With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released...
Expense Preparedness in Development
Developers know that owning hotel assets means being ready for anything and everything. Having a clear plan when it comes to capital expenses can...
Hilton Reports 2017 Earnings and Gives 2018 Outlook
MCLEAN, Va.—Hilton today reported its fourth quarter and full year 2017 earnings as well as the company’s outlook for the year ahead. Last year,...
HotStats: U.S. Hotel GOPPAR Down 110.6 Percent in March
LONDON — In the first analysis of full profit-and-loss performance since the COVID-19 pandemic swept through the global hospitality industry, March 2020 was expectedly...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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