Rural sunrise

Holding On: The Resilience of Rural Hotels

Per STR, rural hotels are defined as hotels found in submarkets with a population density below 150 people per square mile, or the first...
Traveler unpacking suitcase

Kalibri Labs: Advantages of Extended-Stay Hotels in a COVID-19 World

ROCKVILLE, Md. — Kalibri Labs has released a special report evaluating U.S. hotel performance using unique length of stay and rate category metrics for...
May 2020

STR: U.S. Hotel Demand Rises for Fifth Consecutive Week

HENDERSONVILLE, Tenn. — STR data for the week of May 10-16, 2020, showed continued modest gains in U.S. hotel performance compared with previous weeks....
Coronavirus economic impact

STR and Tourism Economics Downgrade U.S. Hotel Forecast for 2020 and 2021

HENDERSONVILLE, Tenn. — The latest U.S. hotel forecast from STR and Tourism Economics projects a 57.5 percent decline in revenue per available room (RevPAR)...
Coronavirus / COVID-19

Recovery in the Transaction Market for Mid-Market and Economy Hotels

The following article is the perspective of Ed James, managing principal, Mumford Company. Hotels still have value even in the darkest days of the COVID-19...
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utility costs

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,...
technology

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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