STR: U.S. Hotel Performance For March 2021
The U.S. hotel industry showed its highest performance levels since the beginning of the pandemic, according to March 2021 data from STR.
The U.S. hotel industry showed its highest performance levels since the beginning of the pandemic, according to March 2021 data from STR.
With summer right around the corner, it's not just the weather that's heating up. Tripadvisor's 2021 Summer Travel Index reveals that - with every passing day - travel is making a big comeback. Nearly half of Americans (43%) in a recent Tripadvisor survey believe travel activity will rebound within three months. With Americans no longer settling for staycations and local trips, it appears true vacation getaways are coming back en vogue.
Hyatt Regency Hill Country Resort and Spa, the premier Hill Country resort located on 300 acres in San Antonio, announces Steven J. Smith as general manager. Smith joins the property from Hyatt Regency Houston.
The week of 4-10 April was all about demand. The number of U.S. room nights sold surged to 22 million, which was the most since the start of the pandemic. As a result, occupancy reached 59.7%, also the highest level of the past year. On a total-room-inventory (TRI) basis, which includes temporarily closed hotels because of the pandemic, U.S. occupancy reached 56.6%—yes, that was another pandemic-era high. On average, the industry sold 3.2 million rooms per day during the week. A year ago, daily demand was a third of that.
The recent ruling in Google v. Oracle has altered the definition of "fair use" when it comes to functional works such as code. While the use of existing creative works must still be transformative in order to avoid violating copyright laws, it will now be much easier to claim fair use when building on existing functional creations. JMBM's Entertainment Litigation Chair Jeff Goldman explains the case below and discusses its potential impact on the hotel industry.
Hyatt Place New York Chelsea is set to open in August 2021. The new 45 story, 510-room hotel will offer business and leisure travelers an open, intuitive design, casual atmosphere, and practical amenities, such as free Wi-Fi, 24-hour food offerings and the 24-hour fitness center.
The annual Economic Impact Report (EIR) from the World Travel & Tourism Council (WTTC) today revealed the U.S. Travel & Tourism sector suffered a significant loss of $766 billion* in 2020.
Hotel Internet Services (HIS), a full-service provider of internet services and solutions for the hospitality industry, has announced the successful deployment of its BeyondTV guestroom entertainment and service solution at Radisson Hotel West Memphis. A full-service property set to open May 4, Radisson Hotel West Memphis' adoption of BeyondTV forms a vital part of the property's goal to provide its guests with a personalized, convenient, and germ-free stay experience.
The Hospitality Sales & Marketing Association International (HSMAI) Foundation is supporting the hospitality industry by distributing more than $130,000 in HSMAI Foundation COVID Relief Fund grants to more than 260 hospitality professionals around the world.
Anthony Melchiorri, the hospitality expert and television personality behind Hotel Impossible and founder of Argeo Hospitality, has partnered with Long Beach-based development company Pacific6 to bring the historic Breakers Hotel back to life nearly 35 years after closing as a hospitality venue. The Long Beach landmark, best known for its storied reputation as a go-to destination in the early 20th century, will be reborn in 2023 as it reopens to its former glory as the jewel of Long Beach.
The national beverage program for Omni Hotels & Resorts is rolled out on a bi-annual basis, with the same menu and mandates across all properties. As the chain has grown to include larger and more unique properties, they wanted to evolve the existing beverage program to include more unique and specialized offerings that are regionally- and property-specific.
NewcrestImage has added a 152-room Hilton Garden Inn to its portfolio with the opening on Friday, April 16 of a six-floor hotel in SilverLake Crossings, a 52-acre multi-use community in Grapevine, Texas, just two miles from DFW Airport and midway between Dallas and Fort Worth.
Accor, a world-leading hospitality group, and Miami-based real estate developer RPC (Royal Palm Companies), announce a strategic agreement to manage and operate Downtown Miami's newest mixed-use tower, Legacy Hotel & Residences under the Morgans Originals brand. This news comes on the heels of Accor's latest phase of expansion following its acquisition of sbe's hotel brands and its planned joint venture with Ennismore, which will see the creation of one of the world's largest and fastest growing lifestyle operators.
Situated on the corner of Memphis, Tenn.'s famed Beale Street and Front Street, the new Hyatt Centric Beale Street Memphis has opened its doors as part of the One Beale mixed-used development. Featuring a Beale Street address, the first Hyatt Centric brand hotel in Memphis is the area's newest social hub for travelers seeking a home base in the heart of the action within the Entertainment District and beyond.
The newest hotel in downtown Phoenix is now open for business despite the impact of the pandemic.
The 90-suite Residence Inn by Marriott hotel in Sedona, Arizona is now open for business. Located at 4055 West State Route 89A, the all-suite property will operate as a Marriott franchise, owned by Sedona Hospitality Group II, LLC and managed by Sunridge Hotel Group of Mesa, Arizona. The all-suite hotel sits adjacent to Sunridge Hotel Group's award-winning Courtyard by Marriott property, that has a running history of providing quality service since its opening. General Manager Jill Meixueiro leads the management team at the Residence Inn by Marriott Sedona for Sunridge Hotel Group.
Pyramid Hotel Group (PHG), a privately held Boston-based hotel and asset management company, announced an enhanced 2021 health and safety approach to meetings and events. The "Meeting Bubble" initiative follows local and CDC guidelines, implements the PHG protocols and allows groups to book entire or half floors, instead of the typical full hotel buyout. Additionally, each individual hotel offers hybrid meeting options through audio-visual capabilities as well as special perks, programming and incentives to facilitate safe meetings and events.
ROOMDEX, the leader in hotel upselling automation, is happy to announce that Aries Living has activated ROOMDEX's Upgrade OptimizerTM software in four hotels: Ithaca of South Beach Hotel, (Miami, FL), Villa Paradiso Apartment Hotel (Miami, FL), Treehouse Apartment Hotel (Miami, FL) and Apple Tree Inn (Lennox, MA).
Hyatt House Denver/Aurora celebrated its opening as the newest extended stay hotel in the Denver/Aurora market, while also expanding the Hyatt House brand's footprint globally in markets that matter most to guests and World of Hyatt members. Owned by Denver, CO based BMC Investments Co, LLC, in partnership with Chattanooga based Vision Hospitality Group (VHG) and will be managed by Humanist Hospitality, a division of VHG, the 140-room Hyatt House Denver/Aurora is conveniently located adjacent to Anschutz Medical Campus, providing guests the service and convenience of hotel living with the casual comforts of home.
A newly constructed hotel in the heart of Clayton, Missouri's business district - the first hotel built since 1990 - is scheduled to open its doors in Fall of 2022.