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STR Hurricane Laura

STR: Hurricane Laura Displacements Create Hotel Demand in Louisiana and Texas

HENDERSONVILLE, Tennessee—Evacuations and displacements due to Hurricane Laura created hotel demand in markets throughout Louisiana and Texas last week, according to a newly released...
Coronavirus economic impact

Revised Forecast: U.S. Hotel Room Revenue Unlikely to Recover Until 2024

HENDERSONVILLE, Tenn. — Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded...
highway, roadtrip

CBRE Forecasts Demand Comeback in 2022, RevPAR Recovery in 2023

ATLANTA — After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation’s hotels will benefit from...
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....

How the Hurricane Cycle Affects Hotel Demand

Many factors can influence the demand for hotel rooms, but weather-related events have the potential for a stronger impact than others. In particular, hurricanes...