standout market performance
Standout Markets Come Back to Earth With More “Normal” Performance Across the U.S.
STR | February 23, 2022
STR’s latest 28-day visuals show markets collectively getting closer to their seasonal performance expectations. The leaders and laggards are highlighted in the “bubble” charts below with averages covering the four weeks ending 12 February. Among the Top 25 Markets, four of five leaders have recently outpaced their comparable revenue per available room (RevPAR) from 2019. Miami had the top four-week RevPAR (US$203) and a RevPAR index score of 104 (4% above the 2019 comp) after hitting 161 last month. Oahu’s RevPAR of US$145 made it the second best among large markets, still, it was downgraded from “high-flyer” status with a Rev...
Dream Hotel Group Partners With Legacy Developments for The Chatwal Valle de Guadalupe, Mexico to Open in 2021
Dream Hotel Group | June 3, 2019
NEW YORK, NY (June 3, 2019) – Renowned hotel and brand management company Dream Hotel Group today announced plans to launch its five-star luxury brand The Chatwal in Valle de Guadalupe, Mexico in 2021. Today's announcement represents a major milestone for Dream Hotel Group as it marks the second Chatwal Hotel location and fourth hotel deal signed in Mexico in the last 18 months. "We are excited to work with José Mireles Verástegui and his partners in bringing The Chatwal brand to Valle de Guadalupe," said Dream Hotel Group CEO Jay Stein. "Valle de Guadalupe is one of the most exciting up-and-coming wine and food regions in Mexico and a...
