STR: U.S. Weekly Occupancy Hits Highest Level Since February 2020
HENDERSONVILLE, Tennessee—Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to...
Los Angeles Hotels Saw High Occupancy Levels in August
Hotels in Los Angeles performed well compared to the national average hotel performance in the month of August, led by a peak in the number...
STR: Miami and Qatar Led Hotel Profit Recovery in 2022
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR's full-year P&L data release.
Both markets’ gross operating...
Budgeting Accuracy: Why U.S. Lodging Performance Fell Short of 2017 Expectations
In 2017, the actual achieved levels of
occupancy, average daily rate (ADR), total revenue, and profits for U.S. hotels were less than their respective...
HotStats: U.S. Hotel TRevPAR Hits Record High, RevPAR Declines in March
U.S. hotel TRevPAR hit a record high in March 2019, propelled by a 6.8 percent year-on-year increase in non-rooms revenues, which offset a 0.6...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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