New Orleans recorded the steepest decline in RevPAR during the week of March 22-28.

STR: RevPAR Fell 80.3 Percent in Week Four of March

HENDERSONVILLE, Tenn. — Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics...
San Francisco recorded the worst declines in each of the three key performance metrics during the week of March 15-21, 2020

STR: RevPAR Falls to $28.32 During Third Week of March

HENDERSONVILLE, Tenn. — Showing further effects of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines across three key performance metrics during...
February 2020

STR: U.S. Hotels Report Positive Results for February

HENDERSONVILLE, Tenn. — In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the...
New York City hotels

U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns

LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...

Demographic Tailwinds: Extended-Stay Hotel Supply Shifts With Workforce

Extended-stay hotels are rounding a decade of unprecedented growth in the United States. Over the past 10 years, extended-stay supply has grown at a...
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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...
Q1 2024 results

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....
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