STR: U.S. Hotel Occupancy Increases in the First Week of September
HENDERSONVILLE, Tennessee—Boosted in part by Labor Day weekend, U.S. hotel occupancy increased slightly over the previous week, according to the latest data from STR...
Baird/STR Hotel Stock Index Jumps 19 Percent in August
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 19 percent in August 2020 to a level of 3,582. Year to date through the...
STR: Hurricane Laura Displacements Create Hotel Demand in Louisiana and Texas
HENDERSONVILLE, Tennessee—Evacuations and displacements due to Hurricane Laura created hotel demand in markets throughout Louisiana and Texas last week, according to a newly released...
How Hotels Can Turn Parking Into an Alternate Revenue Stream
The hospitality industry has been gravely affected by the COVID-19 pandemic. By May, 70 percent of hotel rooms across the country were sitting empty...
STR: U.S. Hotel Occupancy Declined Again in Final Week of August
HENDERSONVILLE, Tennessee—U.S. hotel occupancy for the week of August 23-29, 2020, decreased slightly for the second consecutive week, 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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