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Profit decline

Lobby, Please: The Exit of Hotel Profits

2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
March 2021

STR: Weekly Occupancy Surpasses 50 Percent, Reaching Highest Level in a Year

HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy reached its highest level in a year, according to STR's latest data for the week of March...
March 2021

STR: U.S. Occupancy Reaches 20-Week High

HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy reached a 20-week high, according to STR's latest data for the week of February 28-March 6, 2021. Year...
February 2021

STR: U.S. Hotel Results for Final Week of February

HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
COVID-19 CBRE forecast

HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January

After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...