HotStats: U.S. Hotel Performance Hit a New Low in April
LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...
HotStats: U.S. Hotel Performance Continued Free Fall in April, Signs of Rebound Emerge in...
LONDON — The drop in global hotel revenue and profit performance continued its free fall in April 2020, marked by dramatic year-over-year (YOY) decreases...
Holding On: The Resilience of Rural Hotels
Per STR, rural hotels are defined as hotels found in submarkets with a population density below 150 people per square mile, or the first...
Kalibri Labs: Advantages of Extended-Stay Hotels in a COVID-19 World
ROCKVILLE, Md. — Kalibri Labs has released a special report evaluating U.S. hotel performance using unique length of stay and rate category metrics for...
STR: U.S. Hotel Demand Rises for Fifth Consecutive Week
HENDERSONVILLE, Tenn. — STR data for the week of May 10-16, 2020, showed continued modest gains in U.S. hotel performance compared with previous weeks....
Most Popular
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....
Advertisement