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U.S. Hotel Occupancy Slightly Increases Beginning of September

September 15, 2021

Lifted by Labor Day weekend, Hurricane Ida evacuations and the return of college football, U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through 4 September. 29 August through 4 September 2021 (percentage change from comparable week in 2019*): Occupancy: 61.3% (+0.7%) Average daily rate (ADR): US$132.94 (+9.4%) Revenue per […]

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Hotel at Four Winds Casino Makes Progress

September 4, 2021

Owned by the Pokagon Band of Potowatomi Indians headed by Chairman Matt Wesaw construction of a new hotel at the Four Winds Casino in South Bend Indiana has reached the 15th floor and will continue to 23 floors at a pace of a new floor a week. The construction timeline had been slowed due to a […]

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Visit Omaha Announces New Vice President of Marketing & Communications

September 2, 2021

Jasmyn Goodwin has been promoted to vice president of marketing and communications for Visit Omaha, the official tourism authority for the City of Omaha and Douglas County. Deborah Ward, executive director of Visit Omaha, announced the promotion after Goodwin served in the interim position for the past year. “Jasmyn has been integral in our strategic […]

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U.S. Hotels Surpassed 2019 Profit Level in July

September 2, 2021

Estimated U.S. hotel gross operating profit for July 2021 came in at 111% of the 2019 comparable, according to STR‘s latest monthly P&L data release. In addition to total GOP estimates above July 2019, EBITDA came in at 116% of the pre-pandemic comparable. On a per-available-room basis, each of the key profitability metrics, aside from […]

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67% of Business Travelers to Reduce Trips Amid Rising COVID-19

August 31, 2021

U.S. business travelers are scaling back travel plans amid rising COVID-19 cases, with 67% planning to take fewer trips, 52% likely to cancel existing travel plans without rescheduling, and 60% planning to postpone existing travel plans, according to a new national survey conducted by Morning Consult on behalf of the American Hotel & Lodging Association […]

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Hotel Performance Decreases Second Week of August

August 25, 2021

U.S. hotel occupancy and average daily rate (ADR) dipped from previous weeks, according to STR‘s latest data through 14 August. 8-14 August 2021 (percentage change from comparable week in 2019*): Occupancy: 65.7% (-8.4%) Average daily rate (ADR): US$139.18 (+5.9%) Revenue per available room (RevPAR): US$91.45 (-3.0%) While the metrics were down week over week, comparisons […]

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Back-to-school Season to Greatly Impact Hotel Performance

August 13, 2021

After a year of shifts toward e-learning throughout the U.S., STR’s annual School Break Report shows less scheduled remote coursework on the academic calendar for the upcoming year. The report summarizes vacation break dates in 2021-22 for a robust sample of U.S. public K-12 school districts, colleges and universities. The pandemic has affected the approach […]

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International Study Shows “The Future Role and Purpose of Business Events”

July 30, 2021

The German Conventions Bureau recently released a study entitled “The Future Role and Purpose of Business Events” that analyzed perceptions of event registration, virtual reality and livestreams, event venues, knowledge and learning at events, hotel booking platforms, real-time analysis of participant behavior, virtual spaces, how the success of an event will be measured, and more.  […]

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Corporate Hotel Levels to Reach 2019 Occupancy By End of 2021

July 29, 2021

According to Tripbam’s 2021 second-quarter market report, corporate hotel bookings are on the rise and are projected to reach 2019 highs by the end of the year.  Currently, corporate business travel is 30% of 2019 levels but is increasing 8% month-over-month.  This would put corporate bookings back on track to reach the same levels as […]

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