January

STR: U.S. Hotel Performance Lowers From Previous Week

HENDERSONVILLE, Tennessee—With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR's latest data...
finance

STR: RevPAR Recovered in Most Regions During 2022

LONDON—Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR. “While most...
investing

Event Coverage: STR, TE Upgrade 2023 U.S. Hotel Forecast With Adjusted Projections

LOS ANGELES—STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast at the 2023 Americas Lodging Investment Summit (ALIS) in...

STR: 2022 U.S. Hotel Performance Data Shows Highest ADR and RevPAR Year on Record

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on...
January

STR: U.S. Hotel Performance Increases, Shows Mixed Comparisons to 2019

HENDERSONVILLE, Tennessee—U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR's latest data through January 14, 2022. U.S....
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Brett Mufson

Fontainebleau Las Vegas: How One of the Country’s Largest Construction Projects Is Shaping Up

Brett Mufson, president of Fontainebleau Development, a real estate development group specializing in large-scale lifestyle developments, recently added to his title “president and CEO...
Inn at Avila

The Mogharebi Group Arranges Sale of the Inn at Avila

COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast...
SpringHill Suites Lancaster

Twenty Four Seven Hotels Assumes Operations of SpringHill Suites in Lancaster, California

LANCASTER, California—Twenty Four Seven Hotels announced that it assumed operations of the 94-suite SpringHill Suites in Lancaster, California, on behalf of ownership, Ramji, LLC. “The...
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