November HotStats Data Reveals Further Profit Strain in the United States and Abroad
LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...
STR: U.S. Weekly Hotel Occupancy Drops to Lowest Level Since Early May 2020
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy fell to its lowest level since early May, according to STR's data for the week of December...
STR: U.S. Hotel Industry Surpasses One Billion Unsold Room Nights
HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy decreased slightly from the previous week, according to the data from STR for the week of December...
STR: U.S. Hotel Industry Performance Declines in November
HENDERSONVILLE, Tennessee—In November 2020, the U.S. hotel industry showed lower performance from the month prior, according to newly released data from STR.
U.S. Hotel Performance
November...
STR: U.S. Hotel Occupancy Relatively Flat in Second Week of December
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy remained relatively flat from the previous week, according to the latest data from STR for the week of December...
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Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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...
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