Tag: performance
November HotStats Data Reveals Further Profit Strain in the United States and Abroad
LONDON — HotStats recently released its global hotel performance data for November, revealing that the hotel industry is still reeling from the effects of...
U.S. Hotels Finish 2019 With Strong Revenue and Profit Growth
LONDON — Across the board in December 2019, U.S. hotels grew the top line while also carrying the bottom line, according to data from...
STR: U.S. Hotel Industry Posts Lowest RevPAR Growth Since Recession
HENDERSONVILLE, Tenn. — The U.S. hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in revenue per available room (RevPAR)...
STR Downgrades RevPAR Growth Projections
NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...
NYC Hotel Profits Fell in September
While the U.S. hotel industry proved resilient in September, New York City hotels did not have a successful month, even as the city hosted...