STR, Tourism Economics Further Revise U.S. Hotel Forecast Projections

NASHVILLE—STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just...
COVID-19 profit 2020

Baird/STR Hotel Stock Index Decreases in November 2021

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index fell 7.6 percent in November to a level of 5,099. Year to date through the first...

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...

STR: Phoenix Reports Highest ADR and RevPAR Increases Over 2019

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through February 11, 2023. U.S. Hotel Performance February 5-11, 2023 Percentage change from...
January 2021

STR: Weekly Occupancy Climbs Above 40 Percent

HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy climbed back to the 40 percent mark, according to STR data for the week of January 10-16,...
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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...

Carmel Valley Ranch Completes Renovation Project

CARMEL, California—Carmel Valley Ranch announced the completion of a multimillion-dollar renovation project that updates the guest experience. The renovations encompass enhancements across the resort,...
April 2024

CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance

WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024. U.S. Hotel...
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