Coronavirus / COVID-19

Baird/STR Hotel Stock Index Up 1.7 Percent in May

HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index rose 1.7 percent in May to a level of 3,232. Year to date through...
COVID-19 finance

Financing Experts on Preparing for a New Normal

There is nearly universal agreement that these are indeed the darkest of days for the hospitality industry, as the entire world struggles with the...
May 2020

STR Data for Final Week of May: Occupancy Creeps Up

HENDERSONVILLE, Tenn. — STR data for the week of May 24-30 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines...
Profit decline

STR: U.S. Hotel Profits Dropped 116.9 Percent in April

BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 116.9 percent during April 2020, according to the latest monthly P&L...
May 2020

STR: U.S. Hotel Occupancy at 35.4 Percent in Week Leading Up to Memorial Day

HENDERSONVILLE, Tenn. — STR data for the week of May 17-23 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines...
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mattresses

An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement

A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
revenue management

Accor Releases Q1 2024 Results

The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta

Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation

STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia. The 110-room property...
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