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U.S. Market Recovery Monitor - 17 April 2021
22 April 2021
As expected, due to the end of the spring break leisure season, U.S. industry recovery came to a pause during the week ending 17 April as demand fell 4% week over week. The good news, room demand remained above 21 million for a fifth consecutive week.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
COVID-19: Hotel Industry Impact and Recovery
20 April 2021
As optimism and recovery ramp up, the hotel industry continues to turn to the data benchmarking experts at STR for global performance insights and actionable analyses. We understand our role in providing the solutions needed to help the industry operate through this next phase of the pandemic.
Tags
Global
Industry Updates
Forecast: How quickly will Mumbai get back on the recovery track?
20 April 2021
After an auspicious start to its performance recovery, Mumbai’s hotel industry appeared ready to continue setting the trend for urban markets in 2021. However, a second wave of COVID-19 cases has called a temporary halt to the market’s success.
Tags
Asia Pacific
Hotels
Industry Updates
Forecast
Tourism After Lockdown: Waiting for Business Travel to Return
19 April 2021
The return of leisure travel has been obvious. We know, however, that full industry recovery hinges on the return of business travel. For insights into the topic, we surveyed our Traveler Panel as part of our Tourism After Lockdown series. Read more here.
Tags
Global
Tourism
Industry Updates
Research
2021 Chinese New Year impact
19 April 2021
One of the largest global celebrations each year is, undoubtably, Chinese New Year. Although the celebration this year (11-17 February 2021) felt different for the country, there was a noticeable impact around hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 10 April 2021
15 April 2021
The week of 4-10 April was all about demand. The number of U.S. room nights sold surged to 22 million, which was the most since the start of the pandemic. As a result, occupancy reached 59.7%, also the highest level of the past year.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Tourism After Lockdown: Travel barriers
15 April 2021
Effective COVID-safe measures and clear communications by travel brands can do much to reassure consumers and mitigate the impact of these comfort barriers. Learn more about travel barriers in our latest “Tourism After Lockdown” consumer research series to find out more.
Tags
Global
Tourism
Industry Updates
Research
Tourism After Lockdown: The long and short of long-haul travel
12 April 2021
3/4 of travelers intend to take an overnight leisure trip in 2021. We know that local, short-term travel has been the “norm” this past year, but how has sentiment toward international and long-haul travel evolved? Find out in the first article from our Tourism After Lockdown series.
Tags
Global
Tourism
Industry Updates
Research
U.S. Market Recovery Monitor - 3 April 2021
8 April 2021
Weekly RevPAR rose to US$65.34, which was a 4.2% increase week over week and the industry’s highest level of the past 56 weeks when indexed to 2019.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Majority of India hotel markets remain in Recession territory
5 April 2021
India hotels achieved a 50% occupancy level in February, which was the first time the country eclipsed that monthly mark since the start of the pandemic.
Tags
Asia Pacific
Hotels
Recovery
Industry Updates
Benchmarking
U.S. Market Recovery Monitor - 27 March 2021
1 April 2021
With Spring Break waning, it wasn’t surprising to see performance slow a bit during the week. Room demand, which was 350,000 less than the week of 20 March, was still above 21 million for a second straight week. Before the week of 20 March, that level had not been seen since before the pandemic.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Bali trailing other Indonesian markets in hotel performance recovery
29 March 2021
Indonesia finished 2020 in similar shape as its regional peers. Domestic demand was strong enough to lift hotel occupancy from pandemic low points but not sufficient to overcome the void in international travel. The impact from lost international demand is most obvious in Bali.
Tags
Asia Pacific
Hotels
Historical Data
Recovery
America's Cup lifts Auckland occupancy to 2021 high
29 March 2021
The 36th America’s cup, originally scheduled to start on 6 March 2021, was delayed a few days because of lockdown in measures in Auckland. Fortunately for hoteliers, a lift in demand was right on time and helped push the market’s daily occupancy to its highest level for this early portion of 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.S. performance results for February 2021
25 March 2021
U.S. performance results for February 2021
Tags
North America
Industry Updates
Hotels
Video
Video: U.K. performance results - A look back and a look forward
25 March 2021
U.K. performance results - A look back and a look forward
Tags
Europe
Hotels
Industry Updates
Video
U.S. Market Recovery Monitor - 20 March 2021
25 March 2021
Occupancy hit yet another pandemic high of 58.9%. Even when switching to STR’s TRI methodology, which factors in those properties temporarily closed due to the pandemic, occupancy still came in at 55.7%. Occupancy, regardless of methodology, has been on a steady rise since late January.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
U.S. demand approaches pandemic-lowered levels of 2020
22 March 2021
STR’s latest 51-chart demand map through 13 March 2021 shows that most states are moving closer to their levels from the same time last year.
Tags
North America
Hotels
Benchmarking
Industry Updates
Sanya surpasses other APAC 'resort' destinations during holiday periods
22 March 2021
Closed borders continue to limit the recovery ability of many destinations in the Asia Pacific region. However, Sanya, the southernmost city on China’s Hainan Island, continues to stand out thanks to high levels of domestic tourism.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 13 March 2021
18 March 2021
The U.S. achieved its highest absolute weekly RevPAR ($53.45) since the week ending 14 March 2020. When indexed against 2019, RevPAR was 57% of the level achieved during the comparable week in 2019. Similar to the most recent weeks, that RevPAR index remains well in the recession classification.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Dubai and Abu Dhabi bookings affected by uncertainty
12 March 2021
Hotels in the Middle East have shown resilience throughout the pandemic, with performance at higher levels compared to other parts of the world.
Tags
Middle East and Africa
Hotels
Industry Updates
Forward Data
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