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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: Middle East/Africa hotel data for January 2017

In January 2017, hotels in the Middle East region reported a 2.7% occupancy decrease to 68.4%, an 8.4% ADR decline to $177.81 and an 11% RevPAR drop to $121.62. Africa's hotels fared better, as occupancy increased 4.5% to 50.6%, ADR rose 12.5% to $118.16 and RevPAR jumped 17.5% to $59.76.

STR: Europe hotel performance for January 2017

Europe hotels reported a 5.1% occupancy increase to 57.1%, ADR rose 2.4% to €99.25 ($105.01) and RevPAR jumped 7.6% to €56.66 ($59.93) in year-over-year performance results for January 2017.

STR: US hotel performance for January 2017

The U.S. hotel industry reported positive year-over-year results in January 2017, as occupancy increased 0.5% to 54.1%, ADR rose 3.2% to $120.72 and RevPAR increased 3.8% to $65.33.

STR: US hotel results for week ending 11 February

The U.S. hotel industry reported performance declines during the week of 5-11 February, according to STR. Occupancy fell 4.4% to 59.6%, ADR decreased 1.6% to $121.43 and RevPAR dropped 5.9% to $72.41.

STR: Central/South America pipeline for January 2017

According to STR, the Central/South America region reported 63,321 rooms in 404 hotel projects under contract in January 2017. The rooms total is a 14.9% year-over-year decrease when compared to January 2016.

STR: US hotel pipeline for January 2017

STR's Pipeline Report for January 2017 shows the U.S. reported 575,907 rooms in 4,763 hotel projects for the month, which was a 16.1% increase when compared to January 2016.

STR: Europe hotel pipeline for January 2017

Europe reported 163,648 rooms in 1,038 hotel projects under contract in January 2017, according to STR, which is a 2.2% year-over-year decrease compared to the same month in 2016.

STR: Preliminary January data for London hotels

According to preliminary January 2017 data from STR, London hotels reported a 5.8% occupancy increase to 70.5%, a 5.7% ADR increase to £127.84 ($159.98) and an 11.8% RevPAR jump to £90.08 ($112.72).

STR: Preliminary January data for Singapore hotels

Hotels in the Singapore market reported a 3.2% occupancy decline to 79.6%, a 1% ADR decrease to 279.38 Singapore dollars ($196.33) and a 4.1% RevPAR drop to SG$222.25 ($156.12) in January, according to preliminary data from STR.

STR: Preliminary January data for Sydney hotels

Sydney hotels saw occupancy increase 1.1% to 82.1%, ADR increase 7.8% to AU$219.31 ($167.87) and RevPAR increase 9% to AU$180.08 ($137.85) in January, according to preliminary data from STR.

STR: Preliminary January data for Berlin hotels

Preliminary January 2017 data from STR shows hotels in Berlin saw occupancy increase 2.6% to 58.8%, and while ADR dipped slightly by 0.7% to €86.98 ($92.41), RevPAR increased 1.9% to €50.60 ($53.76).