Tag: July 2020
HotStats: Global Hotel Industry Makes Monthly Strides in July
LONDON — According to July profit and loss data from HotStats, the global regions continue to accrue negative months of profitability, with the exception...
STR: U.S. Monthly GOPPAR Turned Positive for the First Time Since February
BROOMFIELD, Colorado—U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR's latest monthly...
July Employment Numbers Show Uptick in Accommodation Jobs
On Friday, the Bureau of Labor Statistics released its July 2020 employment report. BLS reported that a July unemployment rate of 10.2 percent and...
Baird/STR Hotel Stock Index Dropped 1.7 Percent in July
HENDERSONVILLE, Tenn., and MILWAUKEE — The Baird/STR Hotel Stock Index declined 1.7 percent in July to a level of 3,010. Year to date through...
STR: Occupancy and Room Rates Inch Higher in the Final Week of July
HENDERSONVILLE, Tenn. — U.S. hotel performance data for the week of July 26 through August 1, 2020, showed slightly higher occupancy and room rates...