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By Rachael Spann Urie, Director, Public Relations, STR
21 May 2012
The U.S. hotel industry’s occupancy rose 1.4% to 61.8%; its ADR was up 5% to $105.71; and its RevPAR increased 6.4% to $65.34.
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By Patrick Mayock, News Editor-International
21 May 2012
Hotels in Music City USA have been reaping the benefits of record-setting performance of late. But will a new wave of development put a damper on their tune?
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By Shawn A. Turner, Finance Editor
21 May 2012
The hotel transactions environment has cooled since the beginning of the year, but The Dow Hotel Company is still pushing forward with plans to expand its 11-hotel portfolio.
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HNN Newswire
18 May 2012
In year-over-year comparisons for the week, occupancy ended the week with a 0.1% increase to 62.7%; ADR increased 4.5% to $105.85; and RevPAR jumped 4.5% to $66.35.
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HNN Newswire
18 May 2012
The Central/South America hotel development pipeline comprises 224 hotels totaling 31,931 rooms, according to the April STR Global Construction Pipeline Report.
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HNN Newswire
18 May 2012
The Caribbean/Mexico hotel development pipeline comprises 132 hotels totaling 18,672 rooms, according to the April STR Construction Pipeline Report.
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By Jeff Higley, Editorial Director
18 May 2012
The $174-million acquisition of Sonesta International Hotels resulted in HPT rebranding several assets and launching an upscale extended-stay brand, HPT president and COO John Murray said.
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By Rachael Spann Urie, Director, Public Relations, STR
17 May 2012
The U.S. hotel industry’s occupancy ended the week with a 0.1% increase to 62.7%; ADR increased 4.5% to $105.85; and RevPAR jumped 4.5% to $66.35.
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