U.S. Hotel GOPPAR Turns Downward in October
U.S. Hotels
Profit & Loss Performance Indicators
October 2019 vs. October 2018
RevPAR: -2.1% to $190.93
TRevPAR: -0.9% to $300.54
Payroll: +2.3% to $98.64
GOPPAR: -2.8% to $126.97
Two consecutive months...
Noble Investment Group Acquires New Haven Hotel at Yale University
ATLANTA — Noble Investment Group this week announced the acquisition of the New Haven Hotel at Yale University in downtown New Haven, Connecticut.
The commercial,...
Hyatt to Open More Than 20 New Luxury Hotels by the End of 2020
CHICAGO — Hyatt Hotels Corporation expects to open more than 20 new luxury hotels and resorts by the end of 2020, boosting its luxury...
AHIP Acquires 12-Hotel Portfolio for $191 Million
VANCOUVER — American Hotel Income Properties REIT LP (AHIP) has reached a definitive agreement to acquire a portfolio of 12 premium-branded hotels for $191...
Cambria Opens Third Hotel in Arizona
ROCKVILLE, Md. — Cambria Hotels, an upscale brand franchised by Choice Hotels International, has opened its third hotel in Arizona: the Cambria Hotel Downtown...
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Baird/STR Hotel Stock Index Up 7 Percent in November
Hendersonville, Tenn., and Milwaukee — The Baird/STR Hotel Stock Index jumped 7 percent in November 2019 to 4,968. Year-to-date through the first 11 months...
Is the Industry Upcycle Ending?
After a strong decade of growth in the hospitality sector, coupled with recent trade wars and monetary policy changes, the question at the top...
IV Drips and Live Music: Dr. Jonathan Leary Is Changing How Hotel Guests Recharge
At one time, it was new and exciting for hotels to offer a room service menu featuring cheeseburgers and cold drinks to guests looking...
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