Sir Anthony Ritossa’s 15th Global Family Office Investment Summit

Phoenix American Hospitality Closes $2.5MM Preferred Investment

American Hospitality Properties REIT Declares Special Common Stock Dividend

Knowland: U.S. meetings and events continue on path of improvement

STR: U.S. Hotels Record Highest Performance Since the Pandemic Began

HWE HOSPITALITY HIGHLIGHTS

Hotel Recovery – See It and Believe It

U.S. Hotel Profitability Hit Pandemic High in February

Phoenix American Hospitality announced that in the month of April hotel revenue has continued to recover from pandemic levels. For the month, RevPar (revenue per available room) increased from $56.80 in March 2021 to $59.46 in April 2021, a 4.7% increase. Total room revenue for April increased 80% over April 2020.

The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest weekly data through April 10.