News from
STR Weekly Insights 26 April 2025: U.S. Hotels Report RevPAR Growth & Global Performance Slowed After Three Weeks of Double&digit Gains
2025-05-05 16:53:20| Hotel Resource
U.S. hotel revenue per available room (RevPAR) grew by 3.2% in the week ending April 26, 2025, with Easter week demand hitting a high not seen since 2000. Globally, an ADR gain of 5.1% was recorded despite falling occupancy.
Category:
Hospitality
LATEST NEWS
Element by Marriott Charleston Airport Opens in South Carolina
2025-05-02 20:51:32| Hotel Resource
Broadstreet Global has opened a new extended&stay hotel, Element by Marriott Charleston Airport, catering to the increasing demand in North Charleston, one of South Carolina's fastest&growing areas.
Category:
Hospitality
HVS Report & The Changing Landscape and Recovery of the Newark Airport Hotel Market & By Cole Masler
2025-05-02 20:31:38| Hotel Resource
The Newark Airport hotel market has faced significant adjustments since the onset of the COVID&19 pandemic. Changes to the submarkets hotel supply, coupled with the rebound in passenger levels through Newark Airport, have resulted in a slow but steady recovery of the hotel market. Recent and upcoming expansion projects at Newark Airport support a positive outlook.
Category:
Hospitality