Tag: U.S. hotel industry
STR: July 2021 Reported Nominal Highs in ADR and RevPAR
HENDERSONVILLE, Tennessee—In July 2021, the U.S. hotel industry reported all-time monthly highs in average daily rate (ADR) and revenue per available room (RevPAR) on...
Extended Stay America Celebrates Extended Stay America Premier Suites Launch
CHARLOTTE, North Carolina—Extended Stay America, a mid-priced extended stay hotel company, has launched Extended Stay America Premier Suites. The brand builds on the strength...
The Menhaden Now Under Management of Meyer Jabara Hotels
DANBURY, Connecticut—Meyer Jabara Hotels (MJH) has been selected by Atlantic Equity Partners to manage The Menhaden, an independent boutique hotel located in Greenport, New...
Deloitte: Business Travel Will Accelerate But Remain Below Pre-Pandemic Levels
After more than a year of canceled meetings, conferences, and tradeshows—as well as closed workspaces—business travel will accelerate in the second half of 2021...
Hotel Owners With CMBS Debt Who Deferred Payments in 2020 Might Face Dilemma
Most hotel owners received some type of forbearance on their loan payments due to the COVID-19 virus. Along with government assistance, this allowed the...