Tag: trends
Labor Cost Trends in 2020
Based on CBRE’s survey of monthly operating performance, U.S. hotels experienced a 58 percent decline in total hotel revenues from 2019 to 2020. This...
Patterns in Hospitality: What’s in Flux Post-Pandemic
The hospitality industry has always been impacted by and responded to major economic and cultural forces and trends. As the industry emerges from the...
Fits and Starts: Aimbridge Execs Share Perspectives on Recovery Opportunities and Challenges
As the U.S. hospitality industry begins ramping up after a year of hand-wringing as well as hand washing, it is already apparent that the...
STR: U.S. Hotel Occupancy Fell Slightly
HENDERSONVILLE, Tennessee — STR's latest data through May 8, 2021, shows U.S. hotel occupancy fell slightly from the previous week due to a supply...
STR: U.S. GOPPAR Reached 50 Percent of Comparable 2019 Levels
BROOMFIELD, Colorado — Gross operated profit reached 50 percent of the comparable 2019 level, according to STR‘s March 2021 monthly profit and loss data...