Tag: finance
STR: U.S. Hotel Performance Decreases in Alignment With Memorial Day
HENDERSONVILLE, Tennessee—As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR's latest data through June 3,...
STR: Pre-Memorial Day U.S. Hotel Performance Decreased
HENDERSONVILLE, Tennessee—As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR's latest data through May 27, 2023....
My Place Hotels of America and Rimrock Companies Enter Development Agreement
ABERDEEN, South Dakota—My Place Hotels of America entered into a two-phase franchise and development agreement with Rimrock Companies for 10 extended-stay hotels throughout the...
STR: U.S. Hotel Occupancy Reaches Second Highest Level This Year
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR's latest data through May 20,...
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...