Tag: April
STR: U.S. Hotel TRevPAR Reaches Highest Monthly Level in March 2023
HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR's March 2023 P&L data...
AHLA’s Chip Rogers Discusses the Protecting Tennessee Businesses and Workers Act
WASHINGTON—Tennessee Governor Bill Lee signed a bill into law—the Protecting Tennessee Businesses and Workers Act.
This legislation will prevent local governments from targeting small business...
Lodging Econometrics: Top 25 U.S. Markets Grow in the Hotel Construction Pipeline
In the Q1 2023 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), LE analysts report that as a group, year-over-year the hotel...
Hilton Reports Q1 2023 Financial Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Metrics from the results include:
Diluted EPS was $0.77 for the first quarter,...
Hyatt to Further Strengthen Position in Luxury With Plans to Acquire Mr & Mrs...
Hyatt Hotels Corporation and Mr & Mrs Smith announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform...