Hotstats: U.S. Hotel Industry Breaks Even in December
LONDON — The U.S. hotel industry returned to break-even profit in December, according to the latest report from Hotstats. December's gross operating profit per...
STR: Weekly Occupancy Climbs Above 40 Percent
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy climbed back to the 40 percent mark, according to STR data for the week of January 10-16,...
STR: December’s Occupancy, RevPAR Reach Lowest Level Since May
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed performance levels closer to earlier months of the pandemic, according to December 2020 data from STR.
U.S. Hotel Performance
December...
STR: 2020 Is Officially the Worst Year on Record for U.S. Hotels
HENDERSONVILLE, Tennessee—According to year-end 2020 data from STR, the U.S. hotel industry reported all-time lows in occupancy and revenue per available room (RevPAR).
In addition...
STR: U.S. Weekly Hotel Occupancy Falls Back Below 40 Percent
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy once again fell below the 40 percent mark, according to STR data for the week of January 3-9, 2021.
Year...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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