U.S. Hotel RevPAR Tops 2019 for Week Ending 11/19
Skift Take
- STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same week in 2019.
- Following weeks of preliminary groundwork, construction has finally begun on the new Moxy Asheville - North Carolina’s first Moxy Hotel.
- Hilton Worldwide Holdings Inc. is partnering with Proof & Co.’s beverage consultancy arm to revamp the bar experience at all of its Waldorf Astoriaproperties.
The DJIA ended the short session on Friday up 153 points while Nasdaq was down 59, the S&P 500 was down a point and the 10-year treasury yield was down .02 to 3.69%. Lodging stocks were modestly higher on the day.
STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same week in 2019.
Following weeks of preliminary groundwork, construction has finally begun on the new Moxy Asheville - North Carolina’s first Moxy Hotel. Upon completion in early 2024, the hotel will feature 115 guest rooms, Bar Moxy, and an independent rooftop bar and restaurant. Moxy Asheville will connect to the existing Aloft Asheville Downtown to form a new dual brand offering. The hotels will boast separate lobbies and elevators and will share a pool deck, fitness center and meeting space. McKibbon Equities is developing the hotel with the devel
