Tag: market reports
Select-Service Hotels Prove Efficient, Profitable
The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that properties in this segment...
Why Independent Hotels Are Thriving
The data has spoken. In 2016, sweeping uptakes in occupancy, average daily rate (ADR), and revenue per available room (RevPAR) revealed that independent hotel...
The Rising Cost of Rooms
Changes in rooms revenue per available room (RevPAR) and RevPAR penetration receive a lot of attention from hotel managers. Obviously, this is because renting...
A Look at Airport Hotels’ Solid Performance
STR counts approximately 2,300 hotels located in or near an airport throughout the United States. In 2015, these hotels had approximately 322,000 rooms available...
Analyzing Complimentary Services and Rooms
The offering of complimentary services and amenities by U.S. hotels is on the rise. From 2007 to 2015, hotel expenditures on complimentary food, beverages,...