Browsing by Author "Collazo, Isaac"
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- Hotel Reopenings Have Impact on Pace of US Industry RecoveryCollazo, Isaac (Hotel News Now, 2021-05-14)U.S. hotel revenue per available room, a key industry performance metric, inched closer to 2019 levels during the week ending May 8, despite hotel occupancy falling to an eight-week low, partially due to more hotels reopening after temporary closures.
- Summer surge Starts Early for U.S. HotelsCollazo, Isaac (Northstar Meetings Group, 2021-05-21)STR recent weekly report is showing positive signs towards recovery for the U.S. hotel industry. Alternatively enough, the gas shortage crisis did not negatively impact the industry as most statistics remained the same or better than the week prior. 73.6% of U.S. hotel rooms were occupied across the United States this past weekend, which was the highest rooms of occupancy since Valentine's day of 2020. Also the second highest occupancy mark in 62 weeks. Another positive sign was the rise in Average Daily Rate (ADR) the total number has increased to $114.00.
- US Hotel Occupancy Inches Closer to 2019 LevelsCollazo, Isaac (CoStar, 2021-10-29)Hotel occupancy falls week to week, but indexes near 2019 levels. The hospitality analytics firm STR shows hotel occupancy was down one percentage point from the previous week but was within one percentage point of the same week 2019 numbers.