HotStats: Hotel Profit Perks Up Globally, Except in Europe
HotStats on Friday released its February 2021 report on hotel performance worldwide, showing positive profitability in regions outside of Europe, including the United States,...
STR: U.S. Occupancy Hits Highest Level Since March 2020
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy jumped almost seven points from the previous week to the highest level the country has seen since...
STR: U.S. Hotel Performance Shows Improvement in February 2021
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed higher performance levels in February 2021 versus the prior month, according to STR data.
Occupancy in February 2021 declined...
Lobby, Please: The Exit of Hotel Profits
2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
STR: Weekly Occupancy Surpasses 50 Percent, Reaching Highest Level in a Year
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy reached its highest level in a year, according to STR's latest data for the week of March...
