STR data for 3-9 May 2020 showed continues modest gains in U.S. hotel occupancy compared with previous weeks, but a similar level of year-over-year decline in the three key performance metrics.
U.S. hotel results for week ending 25 April
Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 19-25 April 2020, according to data from STR.
U.S. hotel construction pipeline continued to expand despite COVID-19*
In the first quarter of 2020, the U.S. opened 144 new hotels with 16,305 rooms. While the COVID-19 pandemic has slowed development, it has not completely stalled it. There were still 312 new projects with 36,464 rooms announced into the pipeline in the first quarter.
U.S. hotel performance for February 2020
In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the three key performance metrics during February 2020, according to data from STR.
Air ticket sales by US travel agencies fall 12% in February
Domestic trips rise 1%; international trips down 12% as Coronavirus unfurls.
European Tourism sector continues to defy increased global risks
Europe saw its number of international tourist arrivals expand by 4% in 2019 compared to the previous year to remain the most visited region worldwide. The US remains the largest long-haul source market of tourist arrivals to European destinations. As China is one of the major outbound travel markets worldwide, restrictions and bans to prevent the spread of COVID-19 will take a toll on the tourism industry
HotStats: U.S. hotel profit bounces back
November GOPPAR climbed 6.1% year-over-year, the second-highest increase of 2019, according to data from HotStats.
STR: U.S. hotel performance for October 2019
The U.S. hotel industry reported negative results in the three key performance metrics during October 2019, according to data from STR.
Lizmary Perez named DOSM of Kimpton Hotel Palomar South Beach
As Director of Sales and Marketing, Lizmary Perez will develop strategies to establish Kimpton Hotel Palomar South Beach as a leader in the marketplace through the development of future and repeat business.
Andrew Rubinacci named EVP & CCO of Omni Hotels
In this new role, Rubinacci will drive all revenue generation across the organization aligning marketing, revenue management, distribution and sales to better optimize performance through a singular, focused approach.
