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News

Keep up to date with hotel performance news, hospitality data insights and global benchmarking developments.

Press Release

U.S. hotel RevPAR forecasted to drop 50.6% for 2020

Due to the impact from the COVID-19 pandemic, the U.S. hotel industry is projected to report a 50.6% decline in revenue per available room (RevPAR) in 2020, according to a special forecast revision from STR and Tourism Economics.
30 March 2020

Press Release

STR: U.S. hotel results for week ending 28 March

Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 22-28 March 2020, according to data from STR.
1 April 2020

News

COVID-19: Hotel Industry Impact

Like the rest of the world, STR continues to follow the situation around the COVID-19 outbreak. While the health and wellbeing of so many around the world is the primary focus, we also want to do our best to support our partners and answer as many questions as we can around hotel performance.
2 April 2020

Press Release

STR: Mainland China hotel industry shows early signs of performance recovery

Mainland China’s daily hotel occupancy reached an absolute level of 31.8% on 28 March, up from a low of 7.4% during the first week of February, according to preliminary data from STR. Additionally, opening rates have been significant in key markets across the region.
2 April 2020

Press Release

STR: Lima’s daily hotel occupancy falls to as low as 12.9%

As the impact of COVID-19 broadens in South America, Lima’s daily hotel occupancy fell to as low as 12.9% on 19 March, according to preliminary data from STR.
31 March 2020

Press Release

STR: Preliminary Caribbean hotel results for week ending 28 March

The Caribbean hotel industry experienced its steepest year-over-year declines yet in the three key performance metrics during the week of 22-28 March 2020, according to preliminary data from STR.
2 April 2020

Press Release

STR: Preliminary Mexico hotel results for week ending 28 March

Mexico’s hotel industry showed its sharpest reaction yet in the face of the COVID-19 pandemic with deep year-over-year declines in the three key performance metrics during the week of 22-28 March 2020, according to preliminary data from STR.
2 April 2020

News

Current trends in hospitality with 2020 on the horizon

We've analysed six recent hospitality trends and discussed if they might continue into 2020, read the full story here.
15 November 2019

5 Things to know:

From the desks of the Hotel News Now Editorial staff:

  • Unemployment claims reach record high
  • Trump considers grounding some flights in US
  • NYC hotels to be converted into hospital space
  • Hotels in Mainland China show early signs of recovery
  • SXSW cancellation impact on Austin hotels

Powered by: Hotel News Now

News

Understanding profit and loss (P&L) and the benefits for hoteliers

How profitable is your business? An understanding of your P&L data provides the definitive answer and highlights the relationship between the money you generate (revenues) and that which you spend (expenses). It all starts with your P&L statement…
13 January 2020

News

6 Tourism Industry Trends

With the tourism industry experiencing significant evolution in recent years, we've taken a look at 6 trends affecting the travel landscape.
18 September 2019

News

Occupancy and ADR: Which is the biggest influence on a hotel’s bottom line?

Whether occupancy or average daily rate has a greater influence on hotel profitability is an age-old hospitality question, we've taken a look at possible answers here.
13 November 2019

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Industries We Serve - Hotels

Hotels

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Industries We Serve - Tourism

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