Commercial Real Estate / Home Page / Coronavirus / Hotels / str

Hotel occupancy hovers around 35% after Memorial Day boost

Posted On: May 28, 2020   |   Posted By: The Real Deal New York

Hotels are slowly clawing their way back from pandemic purgatory. National occupancy rates climbed to 35.4 percent between May 17 and 23, according to weekly data released by STR. That's up from 32.4 percent the week prior, and it marks the sixth consecutive week that rates have improved. Occupancy hit a low of roughly 21 percent in early April, and crossed the 30 percent threshold in the first week of May. Jan Frietag, STR's senior

Continue reading ...

 








What you need to know about COVID-19: US marks Fourth of July with pleas for...

What you need to know about COVID-19: US marks Fourth of July with pleas for people to skip parties

Without the right measures to stop the spread of the virus, health experts fear the holiday weekend could bring a wave of new infections that could overwhelm hospitals. Read more ...

Kim Guilfoyle, campaign official and girlfriend of Trump Jr., tests positive...

Kim Guilfoyle, campaign official and girlfriend of Trump Jr., tests positive for coronavirus in South Dakota

Kim Guilfoyle, the girlfriend of Donald Trump Jr. and a top Trump campaign official, tested positive for coronavirus ahead of the president's speech in South Dakota on Friday... Read more ...

Cleveland Indians look into changing name amid pressure

Cleveland Indians look into changing name amid pressure

The Cleveland Indians said Friday they are looking to engage their community and appropriate stakeholders "to determine the best path forward with regard to our team name." Read more ...

NASCAR champ Jimmie Johnson tests positive for COVID-19, will miss upcoming...

NASCAR champ Jimmie Johnson tests positive for COVID-19, will miss upcoming race, Hendrick Motorsports says

“My first priority is the health and safety of my loved ones and my teammates,” Johnson said. Read more ...

American flag hanging from iconic pedestrian bridge

American flag hanging from iconic pedestrian bridge

A massive American flag is returning to an iconic pedestrian bridge in Tennessee. Read more ...

Photos show police reenacting chokehold on Elijah McClain

Photos show police reenacting chokehold on Elijah McClain

Interim Police Chief Vanessa Wilson fired three officers, one of whom received the photos by text and responded “haha.” The officer who reenacted the chokehold resigned. Read more ...

The NFL plans to play the Black national anthem before Week 1 games

The NFL plans to play the Black national anthem before Week 1 games

]The NFL plans to have the song “Lift Every Voice and Sing” - known as the Black national anthem - performed live or played before every game in Week 1 of the NFL season, a... Read more ...

‘Must protect our history': Trump announces creation of ‘National Garden of...

‘Must protect our history': Trump announces creation of ‘National Garden of American Heroes' monument park

US President Donald Trump has announced a “vast” new monument park to house statues in tribute to “the greatest Americans to ever live,” stating that a new executive order will... Read more ...

7 police officers injured breaking up illegal London rave as revelers pelt...

7 police officers injured breaking up illegal London rave as revelers pelt cops with bottles, forcing them to retreat

Riot police were showered with bottles, bricks and other projectiles while trying to break up an illegal rave in west London on Friday night. At least seven officers were... Read more ...

8-year-old killed, 3 injured in shooting at Alabama mall

8-year-old killed, 3 injured in shooting at Alabama mall

Three others, including a man, woman and juvenile girl, were injured in the shooting and are being treated at local hospitals. Read more ...