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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 and 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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