North America
The U.S. Election Day's Impact on Hotel Revenue
STR reported U.S. hotel data for the week ended November 9. U.S. hotel RevPAR fell -3.5%, with occupancy down -3.5%.
Spire Hospitality
North America
Club Med Says It's Hit a Milestone
Club Med released new data showing the company has reached a fresh milestone by achieving more than $2 billion in international business volume for the first time ever.
North America
Lodging Stocks End the Week on a Down Note
The Baird/STR Hotel Stock Index was up 14.3% in July. Year to date the first seven months of 2022, the stock index is still down by -10.4%.
According to Bloomberg, the Abu Dhabi Investment Authority is exploring options, including a possible sale of the Miami Beach Edition hotel .
AC Hotels by Marriott announced the opening of the new AC Hotel by Marriott Monterrey Valle , its first hotel in the city of Monterrey, Nuevo Leon