STR: U.S. Hotel Performance Lowers From Previous Week
HENDERSONVILLE, Tennessee—With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR’s latest data through January 21, 2022. U.S. Hotel Performance January 15-21, 2023 Percentage change from comparable week in 2019: Occupancy: 54.2 percent (down 6.2 percent) ADR: $140.16 (up 11.3 percent) RevPAR: $75.97 (up 4.4 percent) Among the Top 25 Markets, Tampa reported the highest increase over 2019 in each of the three key […]
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Coast Hotels USA launches to expand North America presence
Coast Hotels Ltd., a fully owned subsidiary of APA Hotel Canada Inc., has created a new subsidiary,
LE: U.S. development pipeline reaches all-time high
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE),
Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton
