Tag: RevPAR
STR 2020 Outlook: U.S. Hotel RevPAR to Drop 50.6 Percent
HENDERSONVILLE, Tenn. — Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6 percent decline in...
U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
STR: Hotel Industry Posts Positive Performance for First Month of 2020
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported positive results across three key performance metrics during January 2020, according to data from STR. Compared...
Miami Hotels Shatter Super Bowl Weekend Records
BROOMFIELD, Colo. — Miami hotel performance exceeded projections and reached record levels in both average daily rate (ADR) and revenue per available room (RevPAR)...
Embracing Change In an Unending Cycle: ALIS 2020
This year’s Americas Lodging Investment Summit (ALIS) had the highest attendance ever, with 3,000-plus attendees descending on the JW Marriott at L.A. Live in...