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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 pipeline for February 2017

The United States reported 578,508 rooms in 4,775 hotel projects under contract during February 2017, which is a 16.3% year-over-year increase compared with February 2016.

STR: Europe hotel pipeline for February 2017

Europe reported 161,656 rooms in 1,027 hotel projects under contract in February 2017, according to STR. The total represents a 1.3% year-over-year decrease in rooms under contract.

STR: Preliminary February data for London hotels

According to preliminary February 2017 performance data, hotels in London experienced a 2.7% occupancy increase to 77.6%, while ADR rose 4.7% to £132.50 ($161.13) and RevPAR climbed £102.85 ($125.08).

STR: Preliminary February data for Singapore hotels

The Singapore hotel market reported a 0.9% occupancy increase to 85.7%, according to preliminary February 2017 performance data. ADR declined 8.1% to 274.32 Singapore dollars ($193.41) and RevPAR dropped 7.2% to SG$235.07 ($165.74).

STR: Preliminary February data for Abu Dhabi hotels

Preliminary February performance data for Abu Dhabi shows occupancy was nearly flat (+0.1% to 76.5%), but ADR rose 17.9% to 577.21 Emirati dirhams ($157.15) and RevPAR increased 18.1% to 441.63 Emirati dirhams ($120.24).

STR: Preliminary February data for Munich hotels

The Munich hotel market reported a 5.9% occupancy increase to 72%, according to STR's preliminary February 2017 data. ADR rose 10.9% to €126.27 ($133.56) and RevPAR climbed 17.5% to €90.85 ($96.09).

STR: Canada hotel results for week ending 4 March

For the week ending 4 March, the Canadian hotel industry reported occupancy increased 4.5% to 58.6%, while ADR increased 4.7% to CA$141.72 ($104.92) and RevPAR jumped 9.4% to CA$83.03 ($61.47).