STR: U.S. Hotel Performance Shows Improvement in February 2021
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed higher performance levels in February 2021 versus the prior month, according to STR data.
Occupancy in February 2021 declined...
Lobby, Please: The Exit of Hotel Profits
2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
The Kessler Collection Partners With BitPay to Accept Bitcoin Payments From Guests
ORLANDO, Fla. – The Kessler Collection announced that it will be the first U.S. luxury hotel group to accept cryptocurrency as a form of...
Baird/STR Hotel Stock Index Up 22.4 Percent in February
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 22.4 percent in February 2021 to a level of 5,141. Year to date through the...
STR: U.S. Hotel Results for Final Week of February
HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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