The Great COVID Do-Over? Looking for a Silver Lining in Dismal Group and Transient...
Since COVID-19 struck in March of this year, group and transient demand has plummeted, taking both ADR and RevPAR with it. At the low...
CBRE Adjusts U.S. Forecast in Light of COVID-19 Surge and Vaccine News
DALLAS — The recent surge in COVID-19 infections has dampened expectations for U.S. hotel performance through the first half of 2021, but news of...
When to Consider an Open-Bid Auction or Sealed-Bid Sale to Liquidate a Lodging Asset
Lodging asset owners and lenders have options when the sale of a distressed asset is required due to market dynamics like those in today’s...
Baird/STR Hotel Stock Index Jumped 31 Percent in November
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index was up 31 percent in November 2020 to a level of 4,354. Year to date through...
STR: U.S. Weekly Occupancy Falls to Lowest Level Since Late May
HENDERSONVILLE, Tennessee—During the week of Thanksgiving, U.S. hotel occupancy fell to its lowest weekly level since late May, according to the latest data from...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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