U.S. Hotel RevPAR Tops 2019 for Week Ending 11/19

• STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same week in 2019.
• Following weeks of preliminary groundwork, construction has finally begun on the new Moxy Asheville – North Carolina’s first Moxy Hotel.
• Hilton Worldwide Holdings Inc. is partnering with Proof & Co.’s beverage consultancy arm to revamp the bar experience at all of its Waldorf Astoriaproperties.

The DJIA ended the short session on Friday up 153 points while Nasdaq was down 59, the S&P 500 was down a point and the 10-year treasury yield was down .02 to 3.69%. Lodging stocks were modestly higher on the day. STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same […]