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...
STR, Tourism Economics Slightly Downgrade U.S. Hotel Forecast
HENDERSONVILLE, Tennessee — Worsened pandemic metrics and assumptions of limited early-year travel led STR and Tourism Economics to slightly downgrade their latest U.S. hotel...
STR: Weekly Occupancy Climbs Above 40 Percent
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy climbed back to the 40 percent mark, according to STR data for the week of January 10-16,...
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...