Stock market

Baird/STR Hotel Stock Index Dipped 2.8 Percent in May 2021

HENDERSONVILLE, Tennessee, and MILWAUKEE—In May 2021, the Baird/STR Hotel Stock Index dipped 2.8 percent to a 5,148 level. Year-to-date through the first five months...
May 2021

STR: U.S. Weekly Occupancy Hits Highest Level Since February 2020

HENDERSONVILLE, Tennessee—Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to...
Hotel lender

The Hotel Lending Landscape: Discussions From the Hunter Hotel Investment Conference

On the last day of the 2021 Hunter Hotel Investment Conference, hotel lending experts discussed the current landscape of loans, financing, and investments post-pandemic....
April 2021

STR: U.S. Hotel Occupancy Declines After Spring Break

HENDERSONVILLE, Tennessee — Weekly hotel occupancy in the United States fell 2.6 percentage points from the previous week, according to STR‘s latest data through...
April 2021

STR: U.S. Hotels Reach Highest Levels Since the Beginning of the Pandemic

HENDERSONVILLE, Tennessee — The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest...
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Purchasing Management International (PMI) Acquires Pineapple Procurement

DALLAS, Texas—Purchasing Management International (PMI) announced the acquisition of certain interests of Pineapple Procurement. This strategic acquisition reinforces PMI’s continued growth. "Building Pineapple Procurement...
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HREC Arranges Sale of the Courtyard Marriott Tampa-Brandon, Fairfield Inn & Suites by Marriott...

DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 93-guestroom Courtyard Tampa Brandon, and the 107-guestroom...
Courtyard by Marriott Spokane Downtown Convention Center

InnVentures Completes Renovation of Courtyard by Marriott Spokane Downtown Convention Center

Seattle, Washington—InnVentures announced the completion of a total renovation of Courtyard by Marriott Spokane Downtown Convention Center, including the exterior, interior, and guestrooms.  The renovations...
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