CoStar: U.S. Hotel Performance Continues to Show Mixed Results, Follows Seasonal Patterns
WASHINGTON—Continuing seasonal patterns, U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through September 9, 2023.
U.S. Hotel Performance
September...
STR: U.S. Weekly RevPAR Continues to Climb on a Nominal Basis
HENDERSONVILLE, Tennessee—U.S. hotel performance continued to climb with another weekly record established for revenue per available room (RevPAR) on a nominal basis, according to...
With Increased Efficiency, More Dollars Flow to the Bottom Line
Much has been written about the strong topline performance of the U.S. lodging industry since the Great Recession. According to STR Inc., national occupancy...
CoStar: U.S. Hotel Performance Increases From the Previous Week
WASHINGTON—U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar's latest data through March 16, 2024.
U.S....
STR: U.S. Hotel GOPPAR Exceeds Pre-Pandemic Comparable, Lowers From June
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) once again exceeded the pre-pandemic comparable, but came in lower than the month prior,...
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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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