STR: U.S. Hotel Performance Improves From the Previous Week
HENDERSONVILLE, Tennessee—U.S. hotel performance improved from the previous week, according to STR's latest data through May 14, 2022.
U.S. Hotel Performance
May 8-14, 2022
Percentage change...
STR: U.S. Hotel Industry Kicks Off the New Year With Positive Year-Over-Year Performance
HENDERSONVILLE, Tenn.—The U.S. hotel industry reported positive year-over-year results across three key performance metrics at the start of the New Year during the week...
Strong Performance Enables Hoteliers to Reduce Discounting
NEW YORK—Hotels in major North American markets are continuing to experience solid growth in both rate and occupancy across all travel segments, according to...
Unit-Level Hotel Marketing: P&L Reveals Changes in Department Functions
Technology, online intermediaries, social media, revenue management software, shared services, and the proliferation of market intelligence reports have reshaped the way hotel sales and...
Philadelphia Hotels Saw Profits Decline at the End of 2018
Hotels in Philadelphia saw declines for both December 2018 and the year as profit levels tumbled, impacted by falling non-rooms revenues and rising costs, according...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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