Author: asiantrader

AS THE HOLIDAY season dwindles into the past, so did U.S. hotels’ performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it. Occupancy was 45.4 percent for the week... Read More

The Best Western Kennesaw is now open in Kennesaw, Georgia. Darren Patel is the owner and general manager of the hotel. The 59-room hotel is near the Six Flags Over Georgia... Read More

The Best Western Plus Hershey in Hershey, Pennsylvania, is now open. It is owned by Anish Patel. The 60-room hotel is near Hersheypark, The Hershey Co., Hershey’s Chocolate World, Hersheypark Stadium,... Read More

THE LEISURE AND hospitality sector saw some job growth in December, according to the Bureau of Labor Statistics’ December employment report. Not enough, however, according to the U.S. Travel Association,... Read More

IN ANOTHER SIGN of recovery from the COVID-19 pandemic, this year’s Super Bowl is expected to bring increases in hotel business to host city Los Angeles, according to STR. ADR... Read More

TO USHER IN 2022, Best Western Hotels & Resorts is offering a new program to allow guests Best Western Rewards to use points to cover the cost of booking a... Read More

THE NEW JERSEY legislature has passed legislation that will place new requirements regarding employees when a hotel changes hands. Hospitality and business associations are objecting to the law, saying it... Read More

The AC Hotel by Marriott Greenville Downtown is open in Greenville, South Carolina. It is owned by Auro Hotels led by Dharmendra D.J. Rama as president and CEO. The 8-story, 196-room... Read More

THE COLLECTIVE RECOVERY indices of U.S. extended-stay hotels exceeded 100 percent in November for the first time in 2021, according to hotel investment advisors Highland Group. The strongest gains were... Read More

THE BAIRD/STR Hotel Stock Index rose 12.7 percent in December over the previous month. It was up 25.6 percent for 2021 as a whole. The index outperformed both the S&P 500,... Read More