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COVID-19: Hotel Industry Impact
26 February 2021
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.
Tags
Global
Industry Updates
Video: U.S. performance results for January 2021 and forecast
25 February 2021
U.S. performance results for January 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video
Performance Gap Persists for Most of U.S., Long Weekend Provided Slight Boost in Mid-February
18 February 2021
Our latest 51-line demand chart shows that the performance gap has widened for most of the U.S. There was some good news for the long Valentine’s Day/Presidents’ Day weekend.
Tags
North America
Hotels
Benchmarking
Industry Updates
From first place to MVP – A look at which U.S. markets “outperformed” in 2020
9 February 2021
2020 wasn’t all bad for some U.S. markets. From first place to MVP, we ranked the top occupancy markets and those that performed closest to their 2019 occupancy levels.
Tags
North America
Hotels
Industry Updates
Benchmarking
Forecast
Are travel incentives lifting demand in the hotel sector?
5 February 2021
We look at countries that have implemented various incentives to help increase demand lost to the global pandemic.
Tags
Global
Hotels
Tourism
Industry Updates
Historical Data
Video: Canada performance results for year-end 2020
4 February 2021
Canada performance results for year-end 2020
Tags
North America
Industry Updates
Hotels
Video
Video: U.S. performance results for year-end 2020
28 January 2021
U.S. performance results for year-end 2020
Tags
North America
Industry Updates
Hotels
Video
Mexico: A story of steady recovery
7 January 2021
Mexico’s hotel industry has been a rather unique case of linear performance recovery. While most countries have seen fluctuations in the metrics, Mexico has been on a steady ascent leading to a November that produced the country’s highest performance levels of the pandemic.
Tags
North America
Hotels
Industry Updates
Historical Data
A vaccine-dependent Thailand—will domestic demand hold hotel performance steady?
6 January 2021
Thailand’s Prime Minister announced that the country would only open to substantial tourism once a vaccine was approved, produced and implemented. Now being a vaccine-dependent country, Thailand will rely heavily on domestic demand in the meantime. So where does that leave hotel performance?
Tags
Asia Pacific
Hotels
Tourism
Industry Updates
Benchmarking
Historical Data
Demand may be moving markets during Australia’s summer season
31 December 2020
Australia has been much more successful than most countries when it comes to COVID-19 case mitigation. As a result, the country has been able to operate with a greater sense of normalcy.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
COVID-19 webinar summary: 5 key points on Brazil hotel performance, 9 December
29 December 2020
On 9 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Benchmarking
Central and South America
Hotels
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 17 December
22 December 2020
On 17 December, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Webinar
Benchmarking
Hotels
Bogota occupancy on the books update
22 December 2020
Bogota’s occupancy levels improved in the months that followed the lifting of Colombia’s lockdown. However, a look ahead courtesy of #ForwardSTAR suggests that momentum is stopping.
Tags
Central and South America
Hotels
Industry Updates
Forward Data
China much closer to recovering ADR than Europe and the U.S.
21 December 2020
In April 2020, as part of the economic damage caused by COVID-19, hotel average daily rate (ADR) in China, Europe, and the United States dropped 40% below pre-pandemic levels. Since that point, rates in all three regions have improved, but hotels in China are much closer to reaching pre-pandemic ADR
Tags
Global
Hotels
Industry Updates
Benchmarking
Video: U.S. performance results for November 2020
18 December 2020
U.S. Performance Results for November 2020
Tags
North America
Hotels
Industry Updates
Video
Benchmarking
COVID-19 webinar summary: 5 key points on Total Accommodations Update, 3 December
9 December 2020
On 3 December, we analyzed performance of alternative accommodations amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Global
Total Accommodations
Industry Updates
Historical Data
Hostels
Caribbean Hotel Update: Crisis and Recovery
9 December 2020
Undoubtedly, the Caribbean is a popular destination in the international tourist trail. However, the region has long way to go in recovery from the global pandemic.
Tags
Historical Data
Hotels
Industry Updates
North America
Accommodation Experiences in a New COVID-19 World
8 December 2020
Our tourism research team set out to understand current accommodation experiences by surveying travelers who had recently taken overnight trips. Read on to learn what the booking process looks like now and how accommodations are adapting to meet consumers' new needs.
Tags
Global
Research
Tourism
Educational
How did crises of the last two decades impact APAC hotel profitability?
7 December 2020
While COVID-19 has presented unprecedented challenges for the global hotel industry, looking back at past situations shows the industry’s ability to recover. STR’s research revolved around seven major countries in the region: Australia, China, Indonesia, Japan, Malaysia, Singapore and Thailand.
Tags
Asia Pacific
Profit and Loss
Hotels
Educational
How U.S. drive-to leisure destinations transitioned from summer to fall
4 December 2020
Many leisure travelers made the most of the early fall, with several popular drive-to vacation spots experiencing an extended leisure-driven performance in September and October 2020.
Tags
North America
Hotels
Industry Updates
Benchmarking
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