San Francisco Hotels Saw a Profit Increase in September
Key Performance Indicators
September 2018 vs. September 2017
RevPAR: +9.6 percent to $278.13
TrevPAR: +7.1 percent to $365.57
Payroll: -2.2 pts to 37.4 percent
GOPPAR: +17.2 percent to $150.13
In...
CBRE’s June Update Maintains Positive Forecast for U.S. Lodging Industry
COLUMBUS—At the end of May, CBRE Hotels Americas Research enhanced its outlook for the U.S. lodging industry in 2018, based on better-than-expected first quarter...
U.S. Weekly Hotel Performance Reaches Highest Levels Since December 2021
HENDERSONVILLE, Tennessee—U.S. weekly hotel performance advanced to its highest levels since December 2021, according to STR's latest data through February 12, 2022.
U.S. Hotel Performance
February...
Reservation Pace Declines as Headwinds Strengthen for Hotels
NEW YORK—The pace of new bookings is down this summer, with the business segment experiencing a -4.0 percent decline over the past 30 days....
Short-Term Rentals Outperformed Hotels in Select U.S. Markets in October
HENDERSONVILLE, Tennessee—Short-term rentals in three key U.S. cities showed substantial month-to-month performance growth and posted higher occupancy than hotels in the same market, 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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