HotStats: U.S. Hotel GOPPAR Down 110.6 Percent in March
LONDON — In the first analysis of full profit-and-loss performance since the COVID-19 pandemic swept through the global hospitality industry, March 2020 was expectedly...
STR: U.S. Hotel Occupancy at 23.4 Percent for Week of April 12-18
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...
Gaming & Leisure Properties Acquires Tropicana Las Vegas
WYOMISSING, Pa. — Gaming and Leisure Properties, Inc. (GLPI) has completed the previously announced acquisition of Tropicana Las Vegas Casino Hotel Resort and provided...
Crown Group to Develop First U.S. Project in Los Angeles
Australian residential developer Crown Group has taken the next steps in its first move into the U.S. market, where it plans to develop a...
U.S. Hotel Construction Peaked in March
HENDERSONVILLE, Tenn. — The U.S. hotel industry recorded 214,704 rooms under construction in March 2020, the highest end-of-month total ever reported by STR.
The industry’s...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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