AAHOA President & CEO Ken Greene issued the following statement on the passing of U.S. Senator Bob Dole:

“America’s hotel owners are deeply saddened by the news of Sen. Robert Joseph Dole’s passing. In early 2021, Bob Dole revealed he had been diagnosed with Stage 4 lung cancer and passed early Sunday morning in his sleep. The longtime U.S. Senator from Kansas represented the conservative voice across America, and he stood for integrity and truth." Read the full statement.

Truist Securities (formerly SunTrust Robinson Humphrey) reports, “Last week’s RevPAR was up against a -58.4% comparable result in 2020 vs. -41.2% in the prior week’s 2-year run-rate. On a 2-year run-rate, RevPAR was -9.2% vs. +19.6% in the prior week’s 2-year run-rate. Upscale RevPAR: +115.4% y/y and -19.3% over 2 years; Upper Midscale RevPAR: +81.2% y/y and -2.0% over 2 years. Last week’s -9.2% result vs. 2019 was materially lower than the flattish results for the two weeks prior to Thanksgiving week. As last week had the beginning of Chanukah on Monday November 29 vs. Friday December 11 in 2020, we believe some of the comparable weakness was from that. Additionally, last week was the first full week of results since Omicron hit and some of the weakness may have come from that, though it is difficult to parse out exactly how much.”