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Tag: May 2021

Stock market

Baird/STR Hotel Stock Index Dipped 2.8 Percent in May 2021

HENDERSONVILLE, Tennessee, and MILWAUKEE—In May 2021, the Baird/STR Hotel Stock Index dipped 2.8 percent to a 5,148 level. Year-to-date through the first five months...
May 2021

STR: U.S. Weekly Occupancy Hits Highest Level Since February 2020

HENDERSONVILLE, Tennessee—Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to...
Bankruptcy

The Fire Sale That Wasn’t

The vultures were circling. As hotels were shuttered and revenue evaporated, owners were hard-pressed to meet their financial obligations. Yet, unlike in the Great...
May 2021

STR: U.S. Hotel Occupancy Reaches 60 Percent

HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy reached the 60 percent mark for the first time since the start of the pandemic, according to STR‘s latest...
Comings & goings

This Week’s Comings & Goings

Erin Green has been named senior vice president for JLL Hotels & Hospitality’s global hotel asset management team. Based in Chicago, Green is leading...
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