Tag: finance
STR: U.S. Hotel Performance Increases, Shows Mixed Comparisons to 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR's latest data through January 14, 2022.
U.S....
STR: U.S. Hotel Construction Pipeline Up for the First Time Since Late 2020
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR.
At a market level,...
Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Baird/STR Hotel Stock Index Ended 2022 15 Percent Down
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 10 percent in December to a level of 4,885. For 2022 as a whole, the...
Hilton Motif Seattle Opens
SEATTLE—Hilton announced the opening of the 319-room Hilton Motif Seattle. The hotel, formerly Motif Seattle, is located in the downtown area, offering a rooftop...