Baird/STR Hotel Stock Index Decreased 2.4 Percent in October
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index decreased 2.4 percent in October to a level of 5,600.
“Hotel stocks fell for the third consecutive...
Grand Hyatt Brand Plans Expansion to Park City, Utah
CHICAGO—Hyatt Hotels Corporation and Extell Development Company announced the planned expansion of the Grand Hyatt brand in Park City, Utah. Expected to open in...
CoStar: U.S. Hotel Performance Declines, Expected From Halloween
WASHINGTON—U.S. hotel performance showed an expected decline from the previous week as well as mixed year-over-year comparisons, according to CoStar’s latest data through Nov....
CoStar: U.S. Hotel Labor Costs Reflect Normalized Business Mix
WASHINGTON—A recent increase in U.S. hotel labor costs reflects a normalizing business mix and significant gains in group demand, according to September year-to-date P&L...
Choice Hotels Shares Q3 2023 Results
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its Q3 2023 results. Highlights include:
Total revenues were $425.6 million for the third quarter of 2023, a third-quarter...