Independence Day hotel demand differs by day of the week, and Thursday offers better prospects for the industry
Hotel market data and benchmarking firm STR has offered interesting insight into demand for the US fourth of July Independence holiday depending on the day…..
US hotels posted a positive performance in three key metrics for the month of May, and prospects look promising for the buy summer season. Data…..
Canada’s hotels post mixed results for late May-2019; STR lowers US hotel unit revenue projections for 2019
Occupancy rates for Canadian hotels fell during the start of the busy summer travel season, but average daily rates and unit revenues grow solidly during…..
Room oversupply crimps hoteliers for the 2019 Coachella music festival; supply growth increasingly impacts performance in many major markets
California’s Coachella Valley Music Festival has grown enormously over the last 20 years, but hotel demand for the event fell in 2019. The event draws…..
The US hotel industry may have reported positive first quarter metrics, but its performance was ‘underwhelming’
The US hotel industry delivered positive results in the three key performance metrics during Q1 2019, according to data from benchmarking specialist STR. In a…..
US hotels see positive growth in key metrics during Feb-2019, but there’s a mixed performance for properties across Central and South America
US hotels enjoyed a solid performance in 2019, with the highest rise in unit revenue since Oct-2018, according to data from STR. The company’s monthly…..
US hotels close in on record expansion cycle figure after further year-on-year RevPAR growth in Jan-2019
The US hotel industry reported positive results in the three key performance metrics during Jan-2019, according to data from benchmarking specialist STR. The industry has…..
More than two thirds of travellers use online review sites, but word of mouth is still ‘very important’ for half of travellers
The recently published ‘Consumer Travel Insights 2019’ report series from benchmarking specialist STR has revealed several key findings regarding traveller motivations and budgeting, emphasis on…..
Hotel lenders are taking a cautious approach to investments as we hit ‘inflection point in the hotel-asset value cycle’
Hotel lenders are more cautious in their short-term outlook and believe that asset valuations are at or near peak, according to the sixth annual Hotel…..
Buenos Aires excels in what was a mixed performance for hotels across Central, South America and the Caribbean in 2018
Hotels across the Central and South America region reported positive, but inflation-affected performance results in 2018, according to full calendar year data from benchmarking specialist…..
State and federal authorities in the United States of America (USA) have estimated that the clean-up exercise following the deadly wildfires that have impacted California…..