STR: January 2022 Reports Lower Performance Than January 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported lower performance to open the year than in 2019, according to January 2022 data from STR. U.S. Hotel Performance January 2022 Percentage change from January 2019 Occupancy: 47.8 percent (down 12.6 percent) ADR: $123.51 (down 0.3 percent) RevPAR: $58.98 (down 12.8 percent) Among the Top 25 Markets, Miami experienced the highest occupancy level (68.2 percent), which was still down 12.9 percent from the market’s 2019 benchmark. Markets with the […]
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AC Hotels by Marriott Shares Cava Sparkling Wine Program
BETHESDA, Maryland—AC Hotels by Marriott announced a new Cava sparkling wine program available for
JLL survey: U.S. hotel investment poised for growth in 2025
JLL’s Hotels & Hospitality Group’s latest Global Hotel Investor Sentiment Survey reveals str
PM Hotel Group expands footprint in Washington, DC
Hospitality management firm PM Hotel Group has assumed management of three properties in the greater
