Los Angeles Hotel Rates to Reach Second-Highest Super Bowl Level
BROOMFIELD, Colorado—Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels...
U.S. Hotel Profit from 2021 Reaches 52 Percent of Pre-Pandemic Levels
HENDERSONVILLE, Tennessee—Gross operating profit for U.S. hotels reached 52 percent of the comparable 2019 level, according to STR's full-year 2021 P&L data release.
Strong holiday...
Weekly U.S. Hotel Performance Shows Improvements Over 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR's latest data for the...
U.S. Hotels Record 2018 High for Profit Per Room in October
U.S. hotels recorded their highest level of profit per room for the year in October, attaining revenue increases across all departments despite mounting costs,...
CBRE Forecasts 10th Consecutive Year of Growth for U.S. Hotels in 2019
ATLANTA—Based on an upward revised outlook for the U.S. economy, CBRE Hotels Americas Research is forecasting a 10th consecutive year of growth for the...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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