The Baird/STR Hotel Stock Index fell 4.0% in June to a level of 4,863. Year to date through the first half of 2018, the stock index was down 0.5%.
Hotels in Canada reported occupancy dropped 1.7% to 72% during the week of 1-7 July, but a 3.1% ADR increase to 177.98 Canadian dollars ($135.22) lifted RevPAR up 1.4% to CA$128.13 ($97.35).
U.S. hotel occupancy declined 3.1% year over year to 63.5% during the week of 1-7 July, and despite a 1.1% ADR increase to $123.59, RevPAR dropped 2% to $78.47.
JW Marriott Nashville features 533 guestrooms including 37 luxurious suites, a rooftop pool, a full-service Spa by JW, over 50,000 square feet of indoor event space, a 13,000-square foot outdoor event lawn as well as renowned chef and restaurateur Michael Minas first Nashville outpost of Bourbon Steak.