STR: Year-Over-Year U.S. Hotel Performance Comparisons Remain Mixed
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, but year-over-year comparisons were mixed, according to STR's latest data through June 17, 2023.
U.S. Hotel...
JLL Arranges Hampton Inn & Suites Fredericksburg South Sale
WASHINGTON, D.C.—JLL Hotels & Hospitality Group announced that it arranged the sale of the Hampton Inn & Suites Fredericksburg South, a 121-key hotel in...
STR: U.S. Hotel Industry Reports Higher Performance in May 2023
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance from the month prior, according to May 2023 data from STR.
U.S. Hotel Performance
May 2023
Occupancy: 64.8 percent...
Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests
Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in...
STR: U.S. Hotel Performance Increases But Shows Mixed Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, while year-over-year comparisons were mixed, according to STR's latest data through June 10, 2023.
U.S. Hotel...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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