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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 performance for Q3 2017

During Q3 2017, hotels in the Middle East reported occupancy fell 2.8% to 60.9%, and an 8.1% ADR decrease to $145.50 drove RevPAR down 10.7% to $88.61. Africa's hotel industry, on the other hand, reported occupancy rose 4.9% to 61.4% during the quarter, while ADR rose 10.1% to $97.79 and RevPAR increased 15.5% to $60.

STR: Europe hotel performance for Q3 2017

In the third quarter of 2017, Europe's hotels saw occupancy increase 2.2% year over year to 79.2%, while ADR rose 4.5% to €119.17 ($139.89) and RevPAR climbed 6.9% to €94.36 ($110.77).

STR: Canada hotel results for week ending 14 October

The Canadian hotel industry reported occupancy rose 5.8% year over year to 68.6% during the week of 8-14 October 2017. ADR increased 7.7% to 153.29 Canadian dollars ($122.81) and RevPAR jumped 14% to CA$105.17 ($84.26) during the week.

STR: US hotel performance for Q3 2017

The U.S. hotel industry reported occupancy rose 0.5% to 71.4% in the third quarter, while ADR increased 1.4% to $129.12 and RevPAR rose 1.9% to $92.20.

STR: Preliminary September data for London hotels

Preliminary data from STR shows London hotels saw occupancy decrease 1.6% year over year to 86.9% during September. ADR rose 1% to £165.39 ($217.35), but RevPAR decreased 0.6% to £143.69 ($188.84). 

STR: Preliminary September data for Berlin hotels

Berlin's hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59).

STR: Preliminary September data for Jeddah hotels

Hotels in Jeddah, Saudi Arabia, reported occupancy rose 3.5% in September to 70.2%, based on preliminary data from STR. ADR in the market rose 12.3% to 1,218.79 Saudi Arabian riyals ($324.89) and RevPAR increased 16.2% to 855.49 Saudi Arabian riyals ($228.09).

STR: Canada hotel results for week ending 7 October

The Canadian hotel industry reported occupancy rose 3.2% year over year to 74.5% during the week of 1-7 October. ADR increased 5.8% to 157.85 Canadian dollars ($126.44) and RevPAR rose 9.2% to CA$117.58 ($94.18).

STR: Preliminary September data for Sydney hotels

Hotels in Sydney reported mixed performance results in September, according to preliminary data from STR. While occupancy decreased 1.7% to 84.5%, a 4.9% ADR increase to 215.72 Australian dollars ($168.12) drove RevPAR up 3.1% to AU$182.29 ($142.07).