Tag: January 2020
U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
STR: Hotel Industry Posts Positive Performance for First Month of 2020
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported positive results across three key performance metrics during January 2020, according to data from STR. Compared...
January’s Hotel Construction Up 6.8 Percent Over Last Year
HENDERSONVILLE, Tenn. — As of the end of January 2020, STR's data showed 1,615 projects accounting for 208,807 rooms in the U.S. hotel construction...
Baird/STR Hotel Stock Index Down 7.7 Percent in January
HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index dropped 7.7 percent in January 2020 to 4,863.
“Hotel stocks significantly underperformed in January as...