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...
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...
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...
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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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...
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...
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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