COVID-19 / coronavirus impact on economy

STR: Significant RevPAR Declines Are the “New Normal”

HENDERSONVILLE, Tenn. — Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics...
Empty highway during COVID-19

STR: More Than 75 Percent of U.S. Hotel Rooms Are Empty

HENDERSONVILLE, Tenn. — Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics...
Coronavirus economic impact

Five Insights from Marcus & Millichap’s Updated Hospitality 2020 Outlook

As the hotel industry continues to feel the impact of COVID-19, Marcus & Millichap released an Updated Hospitality 2020 Outlook taking into account the...
Baird/STR Hotel Stock Index March 2020

Baird/STR Hotel Stock Index Dropped 36 Percent in March

HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index dropped 36 percent in March to a level of 2,748. Year to date through...
analytics

Are Third-Party Fees and Commissions Worth the Cost?

Effectively managing and marketing hotel properties sometimes requires an outside perspective. This is why owners will frequently pay third parties fees and commissions for...
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device monitoring

Enhancing Hospitality Excellence: The Vital Role of Device Monitoring

In the dynamic world of the hospitality industry, where customer satisfaction reigns supreme, every detail counts. From the moment a guest steps foot into...

DiamondRock Hospitality Takes On Leadership Changes

DiamondRock Hospitality Company announced leadership changes and a simplified organizational structure to drive continued business momentum: Jeffrey Donnelly, previously executive vice president and chief financial...
100 properties in Europe

Marriott Plans to Add 100 Properties in Europe Through 2026

From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
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