The Kessler Collection Partners With BitPay to Accept Bitcoin Payments From Guests

ORLANDO, Fla. – The Kessler Collection announced that it will be the first U.S. luxury hotel group to accept cryptocurrency as a form of...
hotel stock

Baird/STR Hotel Stock Index Up 22.4 Percent in February

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 22.4 percent in February 2021 to a level of 5,141. Year to date through the...
February 2021

STR: U.S. Hotel Results for Final Week of February

HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
January 2021

Monthly P&L: U.S. GOPPAR Hits Highest Level Since October

BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the...
Hotels CapEx depletion concept: Business person holds up money to protect against COVID-19

Is the Industry Facing a CapEx Depletion Syndrome?

In 2020, as the pandemic swept through the United States, many of its nearly 58,000 hotels remained solvent in part by deferring planned capital...