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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: Canada hotel results for week ending 20 May

For the week ending 20 May, the Canadian hotel industry reported occupancy fell 3.1% to 68%, ADR rose 4.3% to 152.42 Canadian dollars ($113.52) and RevPAR increased 1.1% to CA$103.57 ($77.14). 

STR: European hotel markets post record YTD performance

Europe reported positive year-over-year hotel performance through the first four months of 2017. Occupancy rose 3.3% to 65.6%, ADR increased 2.5% to €102.82 ($115.15) and RevPAR jumped 5.9% to €67.47 ($75.56). A total of 12 European markets reported record-breaking year-to-date RevPAR performance.

STR: Middle East/Africa hotel data for April 2017

During April 2017, hotels in the Middle East saw occupancy increase 7.3% to 75.7%, ADR increase 2.8% to $176.60 and RevPAR increase 10.3% to $133.75. Africa's hotels reported occupancy rose 5.3% to 58.2%, ADR climbed 11.6% to $108.40 and RevPAR jumped 17.6% to $63.11. 

STR: US hotel results for week ending 13 May

The U.S. hotel industry reported occupancy was flat (-0.1% to 67.9%), but ADR and RevPAR showed positive year-over-year performance during the week of 7-13 May. ADR rose 2.1% to $125.64 and RevPAR increased 2% to $85.34.

STR: Canada hotel results for week ending 13 May

During the week of 7-13 May, the Canadian hotel industry reported occupancy decreased 1% to 67.1%, ADR rose 6.3% to 154.27 Canadian dollars ($113.03) and RevPAR increased 5.3% to CA$103.55 ($75.87).

STR: Asia/Pacific hotel pipeline for April 2017

The Asia/Pacific region reported 270,115 rooms in 1,185 hotel projects in construction in April, according to STR's pipeline report. The total number of rooms under construction represents a 6.5% year-over-year increase.

STR: US hotel pipeline for April 2017

The U.S. reported 189,806 rooms in 1,456 hotel projects in construction during April 2017, according to STR. That total represents a 17.9% year-over-year increase in rooms in construction.

STR: Canada hotel results for week ending 6 May

Canada's hotel industry reported positive performance for the week ending 6 May. Occupancy rose 3.5% to 66.8%, ADR increased 5.7% to 150.06 Canadian dollars ($109.19) and RevPAR jumped 9.4% to CA$100.21 ($72.92).

STR: Preliminary April data for London hotels

Preliminary April 2017 data from STR shows hotels in London saw occupancy increase 3.7% to 83%, ADR increase 6.4% to £143.92 ($186.37) and RevPAR increase 10.3% to £119.40 ($154.60).

STR: Preliminary April data for Singapore hotels

Singapore's hotels reported performance declines according to preliminary April 2017 data from STR. Occupancy fell 2.3% to 81.1%, ADR decreased 4.6% to 268.01 Singapore dollars ($189.99), and RevPAR dropped 6.8% to SG$217.31 ($154.06).

STR: Preliminary April data for Munich hotels

Preliminary April 2017 data from STR shows hotels in Munich, Germany, saw occupancy decline 13.2% to 71.8%, ADR decrease 38.4% to €109.90 ($119.56) and RevPAR drop 46.5% to €78.90 ($85.83)