Tag: STR
Economy Chains Face Lack of Demand
In the rapidly expanding room pipeline of the U.S. hotel industry, one segment seems to have fallen out of favor with developers. In June...
January Sees Slight Growth in Industry
The U.S. hotel industry's occupancy remained nearly flat in STR's latest year-over-year results for January 2016, holding steady at 54 percent. However, the industry...
Hotels in Major Cities Suffer Holiday Slump
Hotel performance across the country wasn’t as merry as last year, according to STR. New York City in particular experienced a notable drop in...
STR’s Amanda Hite on Record-Setting Hotel Performance
Numbers don’t lie. Currently, they’re saying hotels are on a major tear, hitting all-time highs in occupancy and RevPAR. As president and COO of...
U.S. Hotel Industry Surpasses 5 Million Rooms
The U.S. hotel industry has eclipsed 5 million available rooms for the first time, according to data from STR. The company's June 2015 census...