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PRESS RELEASES

STR launches self storage development report 

STR, Inc., the global leader of competitive benchmarking, information services and research for the hotel industry, has begun collecting development activity in the self storage industry.   

 

IHRSA and STR enter into strategic partnership

STR Sector Analysis, LLC and the International Health, Racquet & Sportsclub Association announced they have entered into a strategic partnership to gather, analyze and market data and information about the health club sector in the U.S. 

 

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STR: US hotel performance for Q2 2017

In the second quarter of 2017, the U.S. hotel industry reported occupancy rose 0.5% to 69.5%, ADR increased 2.2% to $127.43 and RevPAR rose 2.7% to $88.58 when compared to Q2 2016.

STR: US hotel results for week ending 15 July

The U.S. hotel industry reported mostly positive year-over-year performance during the week ending 15 July. Occupancy was mostly flat (-0.1% to 77.4%), while a 1.7% ADR increase to $130.76 drove RevPAR up 1.6% to $101.15.

STR: Canada hotel results for week ending 15 July

For the week of 9-15 July, the Canadian hotel industry reported mostly positive year-over-year performance. Occupancy was mostly flat (+0.1% to 79.2%), but ADR rose 1.3% to 172.67 Canadian dollars ($136.93) and RevPAR increased 1.3% to CA$136.79 ($108.48).

STR: US hotel performance for June 2017

The U.S. hotel industry reported its 88th consecutive month of RevPAR growth (+2.8%) in June year-over-year comparisons, according to monthly data from STR, which also cited growth in occupancy (+0.7%) and ADR (+2.1%).

STR: Caribbean/Mexico hotel pipeline for June 2017

STR's June pipeline report shows the Caribbean/Mexico region reported 13,829 rooms in 86 hotel projects in construction for the month, which is a 15.4% year-over-year increase in the number of rooms.

STR: US hotel results for week ending 8 July

The U.S. hotel industry reported mostly negative performance for the week of 2-8 July. Occupancy fell 3% to 65.3%, and despite a 1.1% ADR increase to $122.73, RevPAR declined 2% to $80.11.

STR: Canada hotel results for week ending 8 July

During the week of 2-8 July, the Canadian hotel industry reported occupancy decreased 1.7% to 73.1%, ADR rose 5.9% to 170.41 Canadian dollars ($133.48) and RevPAR increased 4.1% to CA$124.65 ($97.68).

STR: Preliminary June data for London hotels

According to preliminary June data from STR, London's hotel market reported mostly positive performance during the month. While occupancy decreased 0.4% to 84.1%, a 5.5% ADR increase to £162.51 ($209.57) drove RevPAR up 5.1% to £136.72 ($176.37).

STR: Preliminary June data for Melbourne hotels

Melbourne's hotel market reported mostly positive performance in June, according to preliminary STR data. Occupancy dipped 0.7% to 78.3%, while ADR rose 2.7% to 176.10 Australian dollars ($135.09) and RevPAR increased 2% to AU$137.88 ($105.77).

STR: Preliminary June data for Singapore hotels

STR preliminary data shows Singapore hotels reported mixed performance in June. Occupancy rose 4.1% to 78.9%, ADR declined 2.5% to 258.03 Singapore dollars ($187.07) and RevPAR increased 1.5% to SG$203.62 ($147.60).

STR: Preliminary June data for Munich hotels

According to preliminary data from STR, Munich reported performance declines in June. Occupancy fell 8.2% to 75.5%, ADR decreased 8.5% to €121.03 ($138.56) and RevPAR dropped 16% to €91.36 ($104.59).

STR: Canada hotel results for week ending 1 July

STR weekly data shows the Canadian hotel industry experienced a 4.8% occupancy increase to 74%, while ADR rose 11% to 173.58 Canadian dollars ($134.89) and RevPAR jumped 16.4% to CA$128.53 ($99.88).