Forecasting

CoStar Group to Acquire STR

Washington - CoStar Group, Inc., a commercial real estate information, analytics, and online marketplaces provider, announced plans to acquire STR for $450 million in...
Q3 2019

Q3 2019: U.S. Hotel Industry Reports ADR and RevPAR Increases

HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mostly positive results across three key performance metrics for Q3 2019, according to new data from...
Stock photo of Laguardia Airport in New York - airport

Sharp Demand Growth Drives Record-High Occupancy for U.S. Airport Hotels

As demand in the U.S. airport hotel market continues to rise, will the pricing power of hotels begin to accelerate? The STR analyst team...
Decrease - GOPPAR - 2019

STR Downgrades RevPAR Growth Projections

NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...
Storm - economy

Is the Perfect Storm Brewing for Hospitality Properties?

At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the...
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A diverse team holds hands, representing diversity and workplace culture

14 Hotel Companies Among 2019 Best Employers for Diversity

Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
cockroach pests

How to Spot and Get Rid of Common Household Pests in Hotels

Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
New York City

Five Markets With the Most Hotel Construction

Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
Women in LODGING 2018

15 Women Moving Up Hospitality’s Career Ladder

Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
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