Baird/STR Hotel Stock Index Increased 2.7 Percent in November 2022
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 2.7 percent in November to a level of 5,430. Year to date through the first...
A Booming Business
While new development is tentatively rising overall in the hotel industry, it is booming in certain U.S. states. This demand is being fueled by...
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...
U.S. Hotels in Profitable Portion of Recovery Cycle
Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in...
STR: U.S. Hotel Industry Performance Declines in November
HENDERSONVILLE, Tennessee—In November 2020, the U.S. hotel industry showed lower performance from the month prior, according to newly released data from STR.
U.S. Hotel Performance
November...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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