STR: U.S. Hotel TRevPAR Reaches Highest Monthly Level in March 2023
HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR's March 2023 P&L data...
Hilton Reports Q1 2023 Financial Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Metrics from the results include:
Diluted EPS was $0.77 for the first quarter,...
The Owner’s Advantage: MCR Chairman and CEO Reveals the ‘Secret Sauce’ to Healthy Profit...
When it comes to hotel management, there is only one way to truly operate as an owner, according to Tyler Morse, chairman and CEO...
STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through April 22, 2023.
U.S. Hotel Performance
April 16-22, 2023
Percentage change from...
Wyndham Hotels & Resorts Releases Q1 2023 Financial Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2023. The results include:
Global RevPAR grew 12 percent compared...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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