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Extended&Stay Profitability Face&Off: Economy Vs. Midscale & By Katy Black
2025-04-03 20:52:14| Hotel Resource
This article describes the key differences in hotel profitability levels for economy and midscale extended&stay hotels based on a review of actual hotel operating statements in the United States, compiled by HVS. As developers and investors consider what kind of hotel to build, many look to HVS for help in making that decision. [ more ]
Category:
Hospitality
LATEST NEWS
For the Week Ending 29 March u.s. Hotel Industry Witnesses Significant Growth in key Performance Metrics, st. Louis Leads the Pack
2025-04-03 20:48:50| Hotel Resource
The industry reported a 4.4% rise in occupancy to 65.1%, a 2.5% increase in the average daily rate (ADR) to $161.65, and a 7.0% jump in revenue per available room (RevPAR) to $105.19. [ more ]
Category:
Hospitality
Grand Hyatt Atlanta in Buckhead Completes Major Renovation, Introduces New F&B Offering
2025-04-03 20:40:08| Hotel Resource
Following a multi&phased renovation, the Grand Hyatt Atlanta in Buckhead has completed its refurbishment project, introducing a host of upgrades and new amenities for guests. [ more ]
Category:
Hospitality