Fewer room nights were booked at U.S. hotels in October than in September, but total hotel revenues and profits increased month to month and year over year.
U.S. hotel industry profitability continued at a steady pace in July, as both total revenue per available room and gross operating profit per available room surpassed 2019 levels, with an index of ...
The hotel industry closed the first quarter of 2022 with strong steps towards recovery, according to the latest monthly profit and loss data from STR, CoStar's hospitality analytics firm.
A year into the pandemic, performance declines have become the norm in the hotel industry. Although still significantly in the red zone, improving hotel performance data shows the industry’s ...
The wildfires that have devastated parts of the western U.S. have created an added layer to the complex hotel performance situation that has played out over the course of a difficult 2020.
Hurricane Laura was one of the strongest storms to make landfall in the history of the U.S. In its path from Cuba to Louisiana, Laura left behind death, property damage and financial loss for several ...
LONDON and BROOMFIELD, Colorado—Football fans across the world were expecting to be entertained this summer with UEFA EURO 2020 in June and July, but because of COVID-19, the tournament will now take ...
BROOMFIELD, Colorado—Dorian, the first major hurricane of the Atlantic storm season, reached Category 5 status and caused historic devastation in the northwestern Bahamas before making landfall in ...
BROOMFIELD, Colorado—On 3 January, a few sections of the Polar Vortex split away from their usual area over the North Pole, and moved down to the United States’ Great Lakes area. With these splits ...
BROOMFIELD, Colorado—2018 has been an above-average year for California wildfires with 876,225 acres burned year to date through 2 December, which is more than triple the five-year average of 232,469 ...
BROOMFIELD, Colorado—Ahead of, during and in the aftermath of Hurricane Michael, which made landfall on 10 October in the Florida Panhandle as a Category 4 hurricane (the strongest ever to hit this ...
BROOMFIELD, Colorado—Hurricane Florence made landfall in North Carolina on 14 September as a slow-moving storm bringing widespread flooding throughout the region. A previous article looked at how ...
BROOMFIELD, Colorado and HENDERSONVILLE, Tennessee—As a complement to our research article, “The length of brand affiliations across chain scales,” that details the average length of an affiliation ...
BROOMFIELD, Colorado—Houston’s hotels have been suffering through the impact of low oil prices, while much of the rest of the country's hotels are enjoying record-level performance. But Super Bowl LI ...
BROOMFIELD, Colorado—Hotels are complex and dangerous workplaces; all of the machinery, chemicals, and physical effort employees are exposed to can lead to a wide array of accidents.
BROOMFIELD, Colorado—Upper-midscale and upscale brands represent 62% of the confirmed pipeline in the United States, according to STR data. With such strong development interest in these two scales, ...
BROOMFIELD, Colorado—The oil and gas boom has been a boon for the hotel industry in several states, particularly rural areas of Texas, Oklahoma and North Dakota. With the drop in oil prices in the ...