STR: U.S. Hotel Occupancy Continues to Tick Up
HENDERSONVILLE, Tenn. — U.S. hotel performance data for the week of June 21-27, 2020, showed another small rise from previous weeks and less severe...
Legislators Urge Treasury and Fed to Step In as Hotels Face Foreclosures
The COVID-19 pandemic forced hotels nationwide to shut down for weeks or operate at record-low occupancies with reduced staff. With revenues significantly reduced, many...
HotStats: Fragile U.S. Hotel Industry Records Performance Gains in May
LONDON — In the United States, between April and May 2020, total revenue per available room (TRevPAR) was up 39 percent (down 92 percent...
STR: ADR Not Expected to Recover to Pre-2020 Levels in the Next Five Years
HENDERSONVILLE, Tenn. — Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the...
STR: U.S. Hotel Profitability Improved in May After April Lows
BROOMFIELD, Colo. — STR's latest monthly P&L data release shows U.S. hotel gross operating profit per available room (GOPPAR) down 110.1 percent in May....
Most Popular
Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
Advertisement