Mixed Messages: COVID and Economic News Impacting the Performance of the U.S. Lodging Industry
While the surge in COVID-19 infections during the last few months of 2020 dampened expectations through the first half of 2021, news of effective...
STR: U.S. Hotel Occupancy at 40.9 Percent in First Week of February
HENDERSONVILLE, Tennessee — In the first week of February, U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR's latest...
STR: Occupancy Remains Flat in Final Week of January
HENDERSONVILLE, Tennessee — In the final full week of January, U.S. hotel occupancy remained relatively flat from the previous week, according to STR's weekly...
STR: Miami Short-Term Rentals Outperformed Hotels in December
HENDERSONVILLE, Tennessee — Miami’s short-term rental sector posted its best overall performance since the beginning of the pandemic, according to December 2020 data from...
STR: U.S. Hotel Profits Down 84.6 Percent in 2020
BROOMFIELD, Colorado — Including a 100.6 percent decline in December, U.S. hotel profitability fell 84.6 percent in 2020, according to STR's latest monthly P&L...
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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...
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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