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Articles tagged “str”

Coronavirus

Economy Extended Stay Is the Strongest of the Weak U.S. Hotel Sector in March

U.S. economy extended stay hotels continue to see relatively strong performance levels during the coronavirus downturn, while offering rooms for emergency services could maintain numbers from dipping as the crisis continues.

Economy Extended Stay Is the Strongest of the Weak U.S. Hotel Sector in March

Coronavirus

Hotels Chains Maneuver to Deal With Coronavirus Gut Punch

Major hotel chains are undertaking financial moves to get past the coronavirus crisis. But without governmental relief, it likely won't be enough.

Hotels Chains Maneuver to Deal With Coronavirus Gut Punch

Media and PR

Hotel Data Giant STR Acquired for $450 Million

Data and analytics are not just vital in the contemporary hospitality ecosystem but also big business. CoStar's acquisition of STR shows the overlap between traditional commercial real estate and the global hotel market.

Hotels

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It's a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

Business Travel

The Hotel Industry Thinks 2017 Could Be the Year Corporate Travel Bounces Back

Even though every day with the new Trump administration seems unpredictable, early signs have convinced many in the hotel industry that this might just be the year that corporate travel rebounds from its 2016 slump. However, given the new executive order banning travel from seven Muslim-majority countries, some executives throughout the travel industry may be rethinking their outlook on corporate travel.

The Hotel Industry Thinks 2017 Could Be the Year Corporate Travel Bounces Back

Hotels

Top Hotel Executives on the Importance of the U.S. Visa Waiver Program

You'd think having a hotelier in the White House would be a good thing for the hotel industry, but Trump's protectionist and xenophobic immigration and visa policies have the potential do much more harm than good, not only for his own hotel business but that of his peers, too.

Hotels

6 Takeaways About Airbnb’s Potential Impact on the Hotel Industry

The biggest conclusion here is that hoteliers can't afford to dismiss the impact, however large or minuscule it may be, that Airbnb is having on the lodging industry, and on their bottom lines, too. Plenty of reports may tell us different things, but the universal thread is that Airbnb is here, and it can't be ignored.

Hotels

New Data Suggests Airbnb’s Impact on Hotels Is Less Than Perceived

This report seems to suggest hoteliers don't have much to worry about when it comes to Airbnb but we're dealing more with apples and oranges here than apples and apples.

New Data Suggests Airbnb’s Impact on Hotels Is Less Than Perceived

Hotels

Hotels Need to Watch Out for Airbnb and HomeAway on Peak Nights

It's still a little too early to call this, but it's understandable why Airbnb and other alternative accommodations providers can have an advantage on peak nights: their supply is flexible, whereas the number of hotel rooms is not.

SkiftX

5 Charts That Show Where U.S. Hotels’ Opportunities Are in 2015

Following the state of the U.S. hotel industry is a lot like riding a roller coaster. Visualizing the constant changes through straightforward charts like these is one way to stay on top of things.