PKF: Caribbean Hotels Steadily Improving
ATLANTA—PKF Consulting USA (PKFC), a CBRE company, announced today that the average Caribbean hotel enjoyed an 18.6 percent increase in net operating income (NOI)...
STR: U.S. Hotel Occupancy Dropped to 53 Percent During Second Week of March
HENDERSONVILLE, Tenn. — Showing further COVID-19 impact, the U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week...
ADR Improves in Majority of Top North American Markets
NEW YORK—As hoteliers prepare for the holiday season and head into the new year, hotels in major North American markets are experiencing a strong,...
STR: U.S. Hotel Occupancy Continues to Remain Flat
HENDERSONVILLE, Tennessee – STR's latest data through May 1, 2021, shows that U.S. hotel occupancy has remained relatively flat compared with data from the...
STR: Improvements in U.S. Hotel Profitability Slow in August
BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August 2020, according to STR‘s latest monthly P&L data release.
In a year-over-year comparison with August...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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