Tag: coronavirus
Hotel Brands Launch Campaigns to Encourage Travel
In late April and throughout the month of May, hotel brands began to communicate their strategies for welcoming back travelers amid the COVID-19 pandemic,...
Resonate Data Reveals Hesitancy to Travel and COVID-19 Concerns
RESTON, Va. — New data from consumer intelligence firm Resonate suggests that despite the fact that consumers remain more concerned about the economic impact...
STR: U.S. Hotel Profits Dropped 116.9 Percent in April
BROOMFIELD, Colo. — U.S. hotel gross operating profit per available room (GOPPAR) fell 116.9 percent during April 2020, according to the latest monthly P&L...
STR: U.S. Hotel Occupancy at 35.4 Percent in Week Leading Up to Memorial Day
HENDERSONVILLE, Tenn. — STR data for the week of May 17-23 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines...
HotStats: U.S. Hotel Performance Hit a New Low in April
LONDON — In April 2020, U.S. hotel occupancy rates declined 73 percentage points from a year prior, average room rate dropped, and RevPAR fell...