Disney's Star Wars Hotel Is No Blockbuster
Skift Take
- Walt Disney World’s Star Wars hotel has seen demand cool so dramatically that the Florida theme park giant has been forced to reduce dates during the busy Halloween, Thanksgiving and Christmas seasons.
- Membership Collective Group reported strong 4Q results, a profitable quarter, today
- STR reported U.S. lodging data for the week ended March 4. Hotel RevPAR was up 12.1% year over year for the week.
The DJIA ended the day down 58 points while Nasdaq was up 46, the S&P 500rose 6 points and the 10-year treasury yield was flat at 3.98%. Lodging stocks were modestly higher. The only mover of note was MCG, up 18%.
Membership Collective Group reported strong 4Q results, a profitable quarter, today. In the earnings report they disclosed they would be changing their name to Soho House & Co, becoming effective in a few weeks. Many probably wonder what took them so long to do this.
STR reported U.S. lodging data for the week ended March 4th. Hotel RevPAR was up 12.1% year over year for the week. When compared with the same week in 2019, US hotel RevPAR was up 7.8%.
According to a new study Economic Analysis of Hotel Supply and Projected Demand in Metro Vancouver, 2023 to 2050, released by Destination Vancouver, without new investment, the lack of hotel supply in Metro Vancouver will transl
