STR: U.S. Hotel Performance Reflects Seasonal Levels
HENDERSONVILLE, Tennessee—Reflecting post-holiday seasonal performance levels, overall U.S. hotel performance fell from the previous week, according to STR's latest data through January 8, 2021.
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A Look Behind Hotel Transaction Growth
According to STR, 2018 was one of the best years in recent history for hotel transactions. With 707 transactions, a 25 percent increase since...
Huff, Niehaus & Associates, Inc. Arranges Sale of the Hampton Inn, Horse Cave, Kentucky
Louisville, Kentucky-based Huff, Niehaus & Associates, Inc., a member of Hotel Brokers International, announced the closing of a deal on the Hampton Inn located...
Coralville Hotel & Conference Center Is Rebranding to Hyatt Regency
MILWAUKEE—Marcus Hotels & Resorts, a national owner and management company and division of The Marcus Corporation, announced that the Coralville Hotel & Conference Center...
STR Data for July 19-25: Occupancy and Room Rates Up Slightly
HENDERSONVILLE, Tenn.—U.S. hotel performance data for the week of July 19-25, 2020, showed slightly higher occupancy and room rates from the previous week, according...
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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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