STR: U.S. Hotel Occupancy Declines After Spring Break
HENDERSONVILLE, Tennessee — Weekly hotel occupancy in the United States fell 2.6 percentage points from the previous week, according to STR‘s latest data through...
Stuck at Home: ‘Uneventful’ Year Sinks Hotel Profitability
Everyone can agree that 2020 was a year full of surprises, record declines in hotel performance, and learning opportunities. For instance, analyses of monthly...
C-PACE Loan Funds Eligible Upgrades for the Flamingo Hotel
SANTA ROSA, California — Eyzenberg GreenCap, an affiliate of Eyzenberg & Company, has originated a $6.3 million Commercial Property Assessed Clean Energy (C-PACE) loan...
HomeTowne Studios by Red Roof Opens in Newport News, Va.
COLUMBUS, Ohio — Red Roof has announced the opening of the HomeTowne Studios by Red Roof in Newport News, Virginia. The 52-room property features...
Evolving Fees: The Growth in Management Expenses
In 2019, 86 percent of hotels that participated in CBRE Hotels Research’s annual Trends in the Hotel Industry survey of property-level operating statements reported...
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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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