STR: Short-Term Rentals Record Higher Occupancy Than Hotels in Three Markets
HENDERSONVILLE, Tennessee — Short-term rentals in Miami, Nashville, and Philadelphia recorded increases in occupancy and revenue per available room (RevPAR) in February 2021, according...
Dual-Brand Holiday Inn Express and Staybridge Suites Opens at Houston Galleria
HOUSTON — American Liberty Hospitality (ALH) recently opened the dual-brand hotel Holiday Inn Express Houston and Staybridge Suites Houston – Galleria Area. The new...
U.S. Hotel Profitability Hit Pandemic High in February
BROOMFIELD, Colorado—In February 2021, U.S. hotel gross operating profit per available room (GOPPAR) reached its highest absolute level since February 2020, according to STR's...
STR: U.S. Weekly Occupancy Drops Slightly
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy fell one point from the previous week, according to STR data for the week of March 21-27, 2021.
U.S. Hotel...
388 Ventures Acquires Three Massachusetts Properties in Partnership with Life House
LENOX, MASSACHUSETTS — New York-based real estate investor 388 Ventures has closed on the acquisition of a portfolio of historic bed-and-breakfasts in Lenox, Mass....
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Choice Hotels Hosts “SOAR” Seminar to Attract, Mentor and Educate Underrepresented Groups
Ahead of its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, hosted its SOAR (Supporting...
Powering Ahead: All Indicators Are Strong for Meetings and Events
As we welcome the new year, the hospitality industry is buzzing with optimism and hope. According to the most recent Planner PULSE Survey, the...
HVMG Promotes Three Senior Leaders
Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced that the company has promoted three associates to leadership roles. ...
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