Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More

22 November 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
Tags
Industry Updates
Global
Hotels
Tourism
Industry Basics

STR Weekly Insights: 10-16 November 2024

22 November 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
Tags
Global
Industry Updates
Forward Data

Upcoming holiday season impact on U.S. hotel performance

21 November 2024
Two significant changes will impact travel in the U.S. this holiday season.
Tags
North America
Forecast
Industry Updates

RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

20 November 2024
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
Tags
Hotels
Industry Updates
Global
Historical Data

STR Weekly Insights: 3-9 November 2024

15 November 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 20-26 October 2024

1 November 2024
U.S. Group demand reaches annual peak and global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - September 2024

30 October 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
Tags
North America
Industry Updates

STR Weekly Insights: 13-19 October 2024

25 October 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
Tags
Global
Industry Updates
Forward Data

77% of global markets grew RevPAR against last year, Japan generating more momentum

23 October 2024
Better than three out of four global markets grew RevPAR over the past four weeks. Tokyo joined the list of top growth markets as Japan continues to attract more international demand with favorable exchange rates.
Tags
Hotels
Global
Industry Updates

U.S. election impact on global travel and hotel performance

18 October 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
Tags
Global
Industry Updates
Historical Data
Forward Data

STR Weekly Insights: 6 - 12 October 2024

18 October 2024
Countries/markets mentioned: United States: Atlanta, Las Vegas, New Orleans, New York City, Phoenix, Augusta, Florida Central North, Greenville/Spartanburg, Macon/Warner Robins; Global: China, Italy, Spain.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 29 September – 5 October 2024

11 October 2024
Countries/markets mentioned: United States: Augusta, Charlotte, Chicago, Columbia, Dallas, Detroit, Florida Central North, Houston, Las Vegas, Macon/Robbins, Miami, Tampa, Sarasota, Seattle; Global: Australia (ACT & Canberra, Brisbane, Melbourne), China, Indonesia (Central Java), Mexico.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - August 2024

4 October 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
Tags
North America
Industry Updates

STR Weekly Insights: 22-28 September 2024

4 October 2024
Countries/markets mentioned: United States: Alabama North, Chicago, Columbus, Indiana North, Louisiana South, Louisville, Michigan South, New York City, Pittsburgh, San Diego, Syracuse; Global: Germany, Australia.
Tags
Global
Industry Updates
Forward Data

Small pickup in global markets with RevPAR growth, special events continue to move the needle

30 September 2024
STR's global "bubble chart" update for the four weeks ending 21 September 2024 shows 63% of markets with year-over-year growth in revenue per available room. Standouts included Northern Sumatra, Mexico City, the Red Sea Resorts, Rio de Janeiro and the Turkish Riviera.
Tags
Global
Industry Updates
Hotels

STR Weekly Insights: 15-21 September 2024

27 September 2024
Countries/markets mentioned: United States: Columbus, Houston, New Orleans, New York City, Oklahoma City, Raleigh/Durham/Chapel Hill, San Francisco; Global: China (Chengdu, Guangdong), Germany (Berlin, Munich), Mexico (Mexico City)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 8-14 September 2024

20 September 2024
Countries/markets mentioned: United States: Chicago, Indianapolis, Las Vegas, Miami, New Orleans, Anaheim (Orange County), San Francisco; Global: Canada, China, Indonesia, Mexico, and Spain.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 1 – 7 September 2024

13 September 2024
Countries/markets mentioned: United States: Charlotte, Detroit, Houston, New York City, Philadelphia, Salt Lake City, St. Louis, Tampa; Global: China (Beijing), Indonesia, Mexico, Spain.
Tags
Global
Industry Updates

Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season

11 September 2024
Taylor Swift’s Eras Tour took Europe by storm this summer, with 47 concerts across 17 cities over a 15-week period from May to August.
Tags
Europe
Industry Updates
North America

STR Weekly Insights: 25-31 August 2024

6 September 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Columbus, Des Moines, Houston, Milwaukee, New Orleans, Seattle; Global: China, Indonesia, Mexico, Spain
Tags
Global
Industry Updates
Forward Data

Maui remains top hotel market despite slow recovery after fires

3 September 2024
A year after a series of tragic fires in Maui, topline hotel performance remains below 2023 levels due to slower recovery, but the island maintains higher levels compared to other U.S. markets.
Tags
North America
Industry Updates

STR Weekly Insights: 18-24 August 2024

30 August 2024
Countries/markets mentioned: United States: Chicago, Houston, Milwaukee, New Orleans; Global: China, Mexico, United Kingdom (London).
Tags
Global
Industry Updates
Forward Data

Less global markets show RevPAR growth, but Olympics and concerts produce highlights

30 August 2024
STR’s global “bubble chart” update through late-August showed fewer RevPAR growth markets but a handful of event-driven standouts.
Tags
Global
Industry Updates

U.S. hotel commentary - July 2024

29 August 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
Tags
North America
Industry Updates

STR Weekly Insights: 11-17 August 2024

23 August 2024
United States: Chicago, Dallas, Houston, Indianapolis, Miami, Minneapolis, New Orleans, San Diego, Anaheim (Orange County); Global: Canada, China, France, Indonesia, and the United Kingdom.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 4-10 August 2024

16 August 2024
Countries/markets mentioned: United States: Atlanta, Boston, Chicago, Denver, Houston, Las Vegas, New Orleans, New York City, Oahu, Anaheim (Orange County); Global: China (Shenzhen), France (Île-de-France, Paris)
Tags
Global
Forward Data
Industry Updates

Smaller markets scored big during Euros

7 August 2024
The second-most watched football tournament in the world, the UEFA European Football Championship, which is held every four years, returned to the global stage from 14 June through 14 July. This year, Germany hosted the tournament – the first it has staged since the 2006 World Cup.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 21-27 July 2024

2 August 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New Orleans, Philadelphia, San Diego and San Francisco; Global: France (Île-de-France, Paris), United Kingdom (London)
Tags
Global
Industry Updates

Euro hosts stand out as 64% of global hotel markets outperformed 2023

30 July 2024
From the end of June through the first three weeks of July, most global hotel markets steadily displayed year-over-year performance increases. Markets in Germany were standouts thanks to the 2024 UEFA European Football Championship.
Tags
Hotels
Industry Updates
Global
Historical Data

STR Weekly Insights: 14-20 July 2024

26 July 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Houston, Kansas City, Las Vegas, Minneapolis, New Orleans, Pittsburgh, Salt Lake City; Global: France (Paris), Indonesia (Jakarta, Kalimantan, Bali), Germany (Berlin)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 7-13 July 2024

19 July 2024
Countries/markets mentioned: United States: Houston, Minneapolis, New Orleans and Oahu; Global: Indonesia (Bali, Borneo, Kalimantan), Germany (Dortmund, Munich).
Tags
Global
Industry Updates
Forward Data

Formula 1 races are shifting hotel performance into high gear in 2024

12 July 2024
Set on a global stage, Formula 1 spans across multiple continents, with 12 of the 24 races so far this year having taken place on F1’s biggest ever calendar.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 30 June – 6 July 2024

12 July 2024
Countries/markets mentioned: United States: Denver, Houston, New Orleans, Oahu, Philadelphia, Seattle; Global: France (Paris), Germany (Düsseldorf)
Tags
Global
Industry Updates

STR Weekly Insights: 16-22 June 2024

28 June 2024
Countries/markets mentioned: United States: Nashville, Oahu, Anaheim (Orange County), Philadelphia, Seattle; Global: France (Paris), Germany (Dusseldorf, Stuttgart), Spain (Balearic Islands, Barcelona, Madrid), United Kingdom (Cardiff, London)
Tags
Global
Industry Updates

65% of global markets post year-over-year RevPAR growth

25 June 2024
Most countries steadily outperformed 2023, while market-level performance continued to be supported by events.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 9-15 June 2024

21 June 2024
Countries/markets mentioned: United States: Boston, Chicago, Denver, Detroit, Houston, San Francisco; Global: Austria, China, France, Germany, Indonesia, Ireland, Italy, Japan, Netherlands, Poland, Spain, Switzerland, United Kingdom
Tags
Global
Industry Updates

STR Weekly Insights: 2-8 June 2024

14 June 2024
Countries/markets mentioned: United States: Houston, Las Vegas, New York, Orlando, San Diego, San Francisco, St. Louis; Global: China, France, Germany (Berlin, Stuttgart), Italy (Rome, Milan), Mexico (Mexico City)
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - April 2024

11 June 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
Tags
North America
Industry Updates

STR Weekly Insights: 26 May – 1 June 2024

7 June 2024
Countries/markets mentioned: United States: Chicago, Dallas, Houston, Las Vegas, New Orleans, New York, Orlando; Global: Germany (Dusseldorf), Spain (Madrid), United Kingdom.
Tags
Global
Industry Updates
Forward Data

Hotels across Germany are filling up for UEFA Euro 2024

29 May 2024
Set to take place across multiple locations in Germany, the 2024 UEFA European Football Championship is expected to affect hotel performance just as much as football fans. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and around the match dates.
Tags
Europe
Industry Updates
Events
Tourism

STR Weekly Insights: 12-18 May 2024

24 May 2024
Countries/markets mentioned: United States: Louisville, Charlotte; Global: China, Germany, Indonesia, Ireland, United Kingdom
Tags
Global
Industry Updates

More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth

23 May 2024
The level of global hotel markets with year-over-year growth stayed above 70%. Japan and countries in Southeast Asia drove the growth.
Tags
Global
Industry Updates

A look at Mainland China’s hotel performance during the May Day period

22 May 2024
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
Tags
Asia Pacific
Industry Updates

STR Weekly Insights: 5-11 May 2024

17 May 2024
Countries/markets mentioned: United States: Daytona Beach, Las Vegas, Minneapolis, and San Francisco; Global: China, France, Germany, Japan, and Spain.
Tags
Global
Industry Updates
Forward Data

A deep dive into Japan’s hotel ADR growth trends

14 May 2024
While initial spikes in Japan's hotel room rate growth coincided with true pandemic recovery, the lift has largely been impacted by the depreciating yen for the last year or so.
Tags
Asia Pacific
Industry Updates

STR Weekly Insights: 28 April – 4 May 2024

10 May 2024
Countries (markets) mentioned: United States; Global: United Kingdom (London, Manchester, Edinburgh, Glasgow), Germany, France, Spain (Madrid, Barcelona, Canary and Balearic Islands) and Italy.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 21-27 April 2024

3 May 2024
Countries (markets) mentioned: United States: Detroit, Miami, Philadelphia, Seattle, Tampa; Global: Australia (Adelaide, South Australia), Indonesia, United Kingdom (Aberdeen, Cardiff)
Tags
Global
Industry Updates

Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand

2 May 2024
Based on their experiences and expectations as travel industry professionals, our global community shared their perspectives on demand segments, short- to long-term business confidence, and more in recent results from our Hospitality Industry Sentiment (HIS) survey.
Tags
Global
Industry Updates

U.S. hotel commentary - March 2024

1 May 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
Tags
North America
Industry Updates

STR Weekly Insights: 14-20 April 2024

26 April 2024
Countries (markets) mentioned: United States: Augusta, GA; Buffalo, NY; Dallas, Gatlinburg, TN; Indianapolis, New York City, Philadelphia, St. Louis, and Washington, D.C.; Global: Indonesia, Italy (Sardinia, Venice), Spain (Canary Islands, Mediterranean Coast), United Kingdom
Tags
Global
Industry Updates

Earlier Ramadan and Eid al-Fitr celebrations had positive impact on Dubai hotel performance

26 April 2024
The month of Ramadan combined with the Easter holiday weekend and a peak tourist season in the United Arab Emirates, drove Dubai hotels to see positive performance during this time period.
Tags
Hotels
Middle East and Africa
Industry Updates

Fewer global markets recording RevPAR growth, Japan a big exception

24 April 2024
Less hotel markets increased RevPAR year over year, while currency depreciation is driving growth in Japan.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 7-13 April 2024

19 April 2024
Countries (markets) mentioned: United States: Phoenix, Philadelphia, Dallas, Cleveland, Augusta; Global: China, Canada (Montreal, Toronto), Germany, Mexico.
Tags
Global
Industry Updates
Forward Data

2024 solar eclipse drove hotel performance records across markets in path of totality

18 April 2024
The total solar eclipse on Monday, 8 April may have darkened cities across Mexico, the U.S., and Canada, but you may want to grab your eclipse glasses once again in preparation for how much the event brightened performance.
Tags
North America
Events
Industry Updates

STR Weekly Insights: 31 March – 6 April and preliminary March 2024

12 April 2024
Countries (markets) mentioned: United States: Cleveland, Des Moines, Indianapolis, Phoenix, Philadelphia; Global: Mexico.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - February 2024

27 March 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
Tags
North America
Industry Updates

STR Weekly Insights: 10-16 March 2024

22 March 2024
United States: (Anaheim, Atlanta, Las Vegas, Naples, New Orleans, New York City, Phoenix, San Francisco, Seattle, and Washington, D.C.; Global: Indonesia, Mexico (Mexican Caribbean, Yucatan/Campeche) and Spain (Canary Islands, Madrid, Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

More global hotel markets growing RevPAR

21 March 2024
More than three quarters of hotel markets increased RevPAR year over year. Rate growth in Asia was prominent, with Japan’s ADR growing more than 30% and Singapore reaping the benefits of Taylor Swift’s Eras Tour.
Tags
Hotels
Global
Industry Updates

How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”

20 March 2024
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, “ready for it”. The seventeen-night leg gave a much-needed performance boost to Tokyo, Sydney, Melbourne, and Singapore hotels.
Tags
Asia Pacific
Europe
Industry Updates
Forward Data

STR Weekly Insights: 3 - 9 March 2024

15 March 2024
Countries (markets) mentioned: United States (Baltimore, Daytona Beach, Denver, Fort Lauderdale, Fort Myers, Las Vegas, Miami, Minneapolis, Oahu, Orlando, Phoenix, San Antonio, Sacramento, St. Louis, Tampa and Tucson); Germany (Cologne and Frankfurt), Indonesia, and Singapore.
Tags
Global
Industry Updates
Forward Data

Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign

14 March 2024
In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.
Tags
Global
Industry Updates

Early Easter pushes spring break peak forward a week in 2024

11 March 2024
Spring break season is officially here, and tracking school calendar data becomes critical during this time in order to predict travel demand across the U.S.
Tags
North America
Industry Updates

Regional update: 2023 data and the year ahead

8 March 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Tags
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

STR Weekly Insights: 25 February – 2 March 2024

8 March 2024
Countries (markets) mentioned: United States (Baltimore, Dallas, Houston, Las Vegas, Miami, Nashville, Oahu, Orlando, San Francisco, San Jose/Santa Cruz, Seattle), Indonesia (Bali, Jakarta), Spain (Barcelona), and Singapore.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - January 2024

1 March 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
Tags
North America
Industry Updates

STR Weekly Insights: 18-24 February 2024

1 March 2024
Countries (markets) mentioned: United States (Cleveland, Las Vegas, Minneapolis, Washington, D.C.); Australia (Melbourne, Sydney), China, Germany.
Tags
Global
Industry Updates
Forward Data

74% of global markets increased RevPAR to start 2024

26 February 2024
Almost three quarters of hotel markets increased RevPAR year over year, with notable strength in Asia as the continent experienced its first January without travel restrictions in five years. Hokkaido, Kyoto, and Tokyo were among the leading markets in RevPAR growth.
Tags
Global
Industry Updates

Jeux Olympiques de Paris - Trois tendances dont il faut tenir compte

23 February 2024
L'impact des événements sportifs sur les performances hôtelières a été largement documenté récemment. Tous les regards sont désormais rivés sur les Jeux olympiques de cet été, qui se dérouleront à Paris du 26 juillet au 11 août, 100 ans après les derniers Jeux organisés en France.
Tags
Hotels
Mondial
Forward Data
Forecast
Industry Updates

Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR

22 February 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
Tags
North America
Events
Industry Updates

STR Weekly Insights: 11-17 February 2024

22 February 2024
Countries (markets) mentioned: United States (Atlanta, Boston, Denver, Las Vegas, Minneapolis, New Orleans, Oahu, Philadelphia, San Francisco, Tampa, Washington, D.C.), Australia (Melbourne, Sydney), Indonesia, Spain (Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 4-10 February 2024

16 February 2024
Countries (markets) mentioned: United States (Boston, Las Vegas, Miami, Mobile, AL, New Jersey Shore, New Orleans, New York City, Oahu, Orlando, St. Louis), China, Japan (Hokkaido, Kyoto, Tokyo), Spain (Madrid, Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?

15 February 2024
In early-April 2024, a Total Solar Eclipse will once again pass over cities across North America and drive an influx of spectators in need of overnight accommodations. That means a lift in hotel performance is once again on the horizon, but there are key differences from the Total Eclipse in 2017.
Tags
North America
Industry Updates
Forward Data

STR Weekly Insights: 28 January – 3 February 2024

9 February 2024
Countries (markets) mentioned: United States (Baltimore, Boston, Jackson, MS, Knoxville, Las Vegas, Miami, New York City, Oahu, Orlando, Phoenix, San Jose/Santa Cruz, Seattle), China, Indonesia, Italy (Rome, Milan), Japan (Tokyo), Singapore, Spain (Barcelona, Madrid)
Tags
Global
Industry Updates
Forward Data

Paris Summer Olympics: Three key trends to consider

5 February 2024
The impact of sporting events on hotel performance has been well-documented recently. Now all eyes are on the Summer Olympics in Paris between 26 July-11 August 2024. This summer will mark exactly 100 years since the Summer Olympics were last held in France.
Tags
Hotels
Global
Forward Data
Forecast
Industry Updates

STR Weekly Insights: 21-27 January 2024

2 February 2024
Countries (markets) mentioned: United States (Anaheim, Baltimore, Chicago, Colorado Area, Detroit, Las Vegas, Oahu, Orlando, San Francisco, Seattle), China, Germany, Japan, Spain (Madrid)
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - December/Full-year 2023

30 January 2024
The year started with easy comparables due to the Omicron impact in Q1 2022, but performance growth softened as 2023 progressed due to calendar shifts, increased outbound travel, and other factors revealing the beginning of a return to normal industry patterns.
Tags
North America
Industry Updates

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 January 2024
In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. Markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.
Tags
Historical Data
Industry Updates
North America
Hotels

STR Weekly Insights: 14-20 January 2024

26 January 2024
Countries (markets) mentioned: United States (Atlanta, Detroit, Dallas, Houston, Las Vegas, Nashville, New York, Seattle), China (Beijing), Japan, Indonesia, Germany, France, Mexico (Mexican Caribbean and Baja), Canada, United Arab Emirates (Dubai).
Tags
Global
Industry Updates

85% of global markets recovered RevPAR last year

26 January 2024
Global “bubble charts” for total-year 2023 show 85% of hotel markets exceeded 2019 RevPAR. The top five countries for annual RevPAR growth compared to 2019 were Brazil, Greece, Colombia, Italy, and Ireland. China reported RevPAR behind 2019 by 3%, while Vietnam showed the worst decline of 23%.
Tags
Hotels
Industry Updates
Global

STR Weekly Insights: 7-13 January 2024

19 January 2024
Countries (markets) mentioned: United States (Las Vegas, Houston, Anaheim, Detroit, San Francisco, New York City), China, Japan, Indonesia, and Spain (Madrid, Barcelona)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024

12 January 2024
Countries/Markets mentioned: China, Dubai, Europe, GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), London, Los Angeles, New Orleans, New York, Orlando, Paris, Rio de Janeiro, Singapore, Sydney, and the United States.
Tags
Global
Events
Industry Updates

U.S. hotel commentary - November 2023

29 December 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
Tags
North America
Industry Updates

75% of global markets stayed above 2019 RevPAR, Dubai gained as host of COP28

27 December 2023
A new edition of STR's global "bubble" charts shows strong event demand in the Middle East, most of Europe ahead of 2019 RevPAR levels, and much of the world still pacing ahead of pre-pandemic comparables.
Tags
Global
Hotels
Industry Updates

STR Weekly Insights: 10-16 December 2023

22 December 2023
Countries included: China, Germany, Japan, United Kingdom, and the United States
Tags
Global
Industry Updates
Forward Data

Industry expert predictions for room rates remain robust despite diminished confidence in demand

18 December 2023
With the first full year of the Hospitality Industry Sentiment survey in the books, several strong patterns have emerged — and a few surprises as well.
Tags
Global
Research
Industry Updates

STR Weekly Insights: 3-9 December 2023

15 December 2023
Countries included: China, Italy, and United States
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 26 November – 2 December 2023

8 December 2023
Countries included: Germany, Spain, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

Hotels won the gold with global sporting events in 2023

6 December 2023
While concerts such as Taylor Swift’s Eras Tour and Beyoncé’s Renaissance Tour dominated headlines in 2023, global sporting events were another major driver of hotel performance around the world this year.
Tags
Global
Industry Updates
Events

U.S. hotel commentary - October 2023

5 December 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
Tags
North America
Recovery
Industry Updates
Profit and Loss

STR Weekly Insights: 12-18 November and 19-25 November 2023

1 December 2023
Countries included: China, Japan, United Arab Emirates, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

Asian countries lead in absolute RevPAR, while South America highlights recovery

27 November 2023
A new edition of STR's global "bubble" charts shows more momentum in Asia and South America. Sporting events continue to contribute growth in markets across the world.
Tags
Hotels
Industry Updates
Historical Data

STR Weekly Insights: 5-11 November 2023

17 November 2023
Countries included: China, El Salvador, French Polynesia, Germany, Indonesia, Serbia, Spain, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 29 October – 4 November 2023

10 November 2023
Countries included: Canada, China, Fiji, Germany, Ireland, United Arab Emirates, United Kingdom, United States, and Uruguay
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 22-28 October 2023

3 November 2023
Countries included: China, El Salvador, Fiji, France, Serbia, United Arab Emirates, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

U.S. hotel commentary - September 2023

30 October 2023
U.S. hotel RevPAR rose 2.9% in September, which was the strongest year-over-year growth of the quarter, even as occupancy continued to decline modestly.
Tags
North America
Hotels
Industry Updates

STR Weekly Insights: 15-21 October 2023

27 October 2023
Countries included: Chile, Ireland, South Korea, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Recovery
Hotels
Industry Updates
Forward Data

Markets with RevPAR growth steadied, Italy lead continued into autumn

27 October 2023
A new edition of STR's global "bubble" charts shows a steady share of markets with RevPAR growth across the world, with 89% of markets surpassing 2019 comparables. Italy maintained its momentum into the autumn season, while sporting events contributed to growth in Abu Dhabi and Chennai.
Tags
Global
Industry Updates
Hotels

Hotel performance standouts during Beyonce’s world tour

24 October 2023
Beyoncé claimed the throne with the highest-grossing tour by a solo female artist. How did that translate to hotel performance? Let's just say some of the metrics were "heated" in some stops, but the impact was more “unique” by market. Learn which stops on the RENAISSANCE World Tour stood out.
Tags
Global
Events
Historical Data
Industry Updates
North America
Hotels

STR Weekly Insights: 8-14 October 2023

20 October 2023
Countries included: China, Curaçao, French Polynesia, Ireland, Japan, Jordan, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

China hotel performance jumped during eight-day-long Golden Week

19 October 2023
A later Mid-Autumn Festival created a longer holiday period than last year, combining with National Day festivities to provide impressive improvement in China’s hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates

STR Weekly Insights: 1-7 October 2023

13 October 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Spain, United Arab Emirates, and United States
Tags
Global
Industry Updates
Forward Data
Recovery

Japan hotel performance recovery accelerated during summer months

11 October 2023
Helped by peak holiday season and the return of international travelers, Japan’s hotel industry experienced a successful summer period, pushing the country's post-pandemic recovery to higher levels.
Tags
Industry Updates
Hotels
Asia Pacific

STR Weekly Insights: 24-30 September 2023

5 October 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Mauritius, United Kingdom, and United States.
Tags
Global
Industry Updates
Recovery
Forward Data

U.S. hotel commentary - August 2023

2 October 2023
Top-line performance remained stable in August, with demand almost flat, occupancy declining year over year, and ADR rising at a slower pace than inflation.
Tags
Global
Industry Updates
Recovery

STR Weekly Insights: 17-23 September 2023

29 September 2023
Countries included: Curaçao, Fiji, France, Italy, Japan, Mauritius, Serbia, Spain, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

Fall Break and Homecoming Scheduling Provides Hotel Demand Opportunities Across the U.S.

26 September 2023
School is now fully in session in the U.S., and upcoming fall schedules are the first opportunity this season for hoteliers to capitalize on an influx of traveling students and their families. More specifically, the hotel industry can plan on peak fall break demand during the first half of October.
Tags
Industry Updates
North America

STR Weekly Insights: 10-16 September 2023

22 September 2023
Countries included: United States, Canada, China, Curaçao, Denmark, Fiji, France, Germany, Indonesia, Ireland, Italy, Japan, Kenya, Lebanon, Mexico, Nicaragua, Singapore, Spain, Sri Lanka, and the United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

Industry sentiment remains hopeful for ADR and group demand, recession fears grow

19 September 2023
In early Q3 2023, STR completed the third edition of the Hospitality Industry Sentiment (HIS) survey, a quarterly survey of travel industry professionals. Now with the third wave of the survey on the books, some patterns have become further established, and some new trends emerge as well.
Tags
Industry Updates
Global
Research

STR Weekly Insights: 3-9 September 2023

15 September 2023
Countries included: United States, Canada, China, Denmark, El Salvador, Fiji, France, Germany, Indonesia, Ireland, Italy, Japan, Kenya, Lebanon, Mexico, Spain, Sri Lanka, Trinadad and Tobago, and the United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 27 August – 2 September 2023

8 September 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 20-26 August 2023

1 September 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

Taylor Swift impact grows to $208M in U.S. hotel room revenue

30 August 2023
Best believe U.S. hotels were still “bejeweled” when Swift came to town, as concert dates after our previous update (June through early August) increased the tour impact to $208 million in additional U.S. hotel room revenue.
Tags
North America
Events
Industry Updates
Forward Data
Global

STR Weekly Insights: 13-19 August 2023

25 August 2023
Countries included: United States, Canada, China, El Salvador, France, Germany, Indonesia, Italy, Japan, Mexico, Seychelles, Singapore, Spain, and United Kingdom
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data

88% of global markets post RevPAR growth above 2019, on par with the record high

23 August 2023
A new edition of STR's global "bubble" charts shows sustained RevPAR growth across the world with the second highest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels

STR Weekly Insights: 6-12 August 2023

18 August 2023
Countries included: United States, United Kingdom, Spain, China, Canada, Japan, Indonesia, Italy, France, Germany, Mexico, Mauritius, Ireland, Fiji, Trinidad & Tobago
Tags
Global
Industry Updates
Forward Data
Recovery

Women’s World Cup drives RevPAR premiums in Australia and New Zealand during quiet winter season

15 August 2023
Record-breaking attendance at the FIFA Women's World Cup 2023 has given hotels around Australia and New Zealand host cities a much-needed boost during a normally slower winter season.
Tags
Events
Asia Pacific
Forward Data
Industry Updates

STR Weekly Insights: 23-29 July 2023

4 August 2023
Countries included: United States, United Kingdom, China, Italy, Curacao, Singapore, Ireland, Egypt
Tags
Global
Industry Updates
Forward Data
Recovery

STR Weekly Insights: 16-22 July 2023

28 July 2023
Countries included: United States, United Kingdom, China, Japan, France, Spain, Singapore, Malta and Ireland
Tags
Global
Recovery
Industry Updates
Forward Data

Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024

27 July 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Tags
Forward Data
Events
Asia Pacific
Industry Updates
Hotels

90% of global markets post RevPAR growth above 2019, most of China included

26 July 2023
A new edition of STR's global "bubble" charts shows strong RevPAR growth across the world with the greatest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels

U.S. hotel commentary – June 2023

25 July 2023
U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.
Tags
North America
Industry Updates

STR Weekly Insights: 9-15 July 2023

21 July 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, El Salvador, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 2-8 July 2023

13 July 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, Bahamas, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery

STR Weekly Insights: 25 June – 1 July 2023

7 July 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels

Spain hotels positioned for strong summer season

3 July 2023
Spain's key leisure markets, Andalusia, the Balearic Islands and the Canary Islands, are on track to see a highly successful summer. Barcelona is also anticipating a strong season with occupancy on the books spiking at 83%.
Tags
Europe
Historical Data
Forward Data
Industry Updates

U.S. hotel commentary - May 2023

3 July 2023
Weekends were the culprit behind May’s lower demand growth, as weekend levels declined year over year for the second month in a row.
Tags
North America
Industry Updates
Profit and Loss
Recovery

STR Weekly Insights: 18 – 24 June 2023

30 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data

Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019

29 June 2023
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
Tags
Global
Historical Data
Industry Updates

U.S. hotel performance cooled a bit in the leadup to summer

26 June 2023
Sandwiched in between the slower business period around Memorial Day and the early portion of summer, U.S. hotel performance cooled a bit during the four weeks ending 17 June. Read more in our latest “bubble chart” update.
Tags
North America
Industry Updates
Hotels

STR Weekly Insights: 11 – 17 June 2023

23 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels

STR Weekly Insights: 4-10 June 2023

16 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Tags
Global
Industry Updates
Recovery
Hotels

U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”

9 June 2023
We “said remember this moment” – because whether looking at actualized hotel data from recent weeks, or booking data for later this summer, Taylor Swift’s “The Eras Tour” is making an impact across the country.
Tags
North America
Events
Historical Data
Hotels
Industry Updates

STR Weekly Insights: 28 May – 3 June 2023

9 June 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Malta, and Greece.
Tags
Global
Industry Updates
Recovery
Forecast

U.S. hotel commentary - April 2023

5 June 2023
Demand was down year over year for the first time since early 2021, but historical patterns point to the demand decline being more of a reset.
Tags
North America
Industry Updates
Hotels
Recovery

STR Weekly Insights: 21-27 May 2023

2 June 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Bermuda.
Tags
Global
Recovery
Forward Data
Industry Updates

Global hotel occupancy rising ahead of summer in the Northern Hemisphere

30 May 2023
A new edition of STR's global "bubble" charts shows more substantial occupancy growth, despite increasing rooms rates, as the industry sees a more balanced recovery around the world.
Tags
Industry Updates
Global
Historical Data

STR Weekly Insights: 14-20 May 2023

26 May 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Singapore.
Tags
Global
Recovery
Forward Data
Industry Updates

NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard

25 May 2023
U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks.
Tags
North America
Industry Updates
Historical Data

Healthy outlook for Europe hotels: Corporate demand recovering, leisure travel remains resilient

23 May 2023
Europe hotel performance caused some reason for concern during the first quarter of 2023, but momentum points to healthy performance ahead for gateway cities and secondary markets thanks to recovering corporate demand as well as resilient leisure travel.
Tags
Europe
Hotels
Industry Updates
Forward Data

STR Weekly Insights: 7-13 May 2023

19 May 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates.
Tags
Global
Hotels
Industry Updates
Recovery

Successful May Day another sign of China’s hotel performance recovery

15 May 2023
Mainland China occupancy peaked at 90.9% and ADR at CNY865. A successful May Day holiday period is further indication that China's hotel performance is trending well toward full recovery.
Tags
Asia Pacific
Industry Updates
Recovery

STR Weekly Insights: 30 April – 6 May 2023

12 May 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates, Ireland, Senegal, Fiji, Puerto Rico, and Lithuania.
Tags
Global
Hotels
Industry Updates
Recovery

STR Weekly Insights: 23-29 April 2023

5 May 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Belgium, Austria, Singapore, United Arab Emirates
Tags
Global
Industry Updates
Recovery

U.S. hotel commentary - March 2023

2 May 2023
U.S. hotel rate growth continues to drive RevPAR growth, and while ADR is still posting very strong YoY growth rates, moderating inflation and normalized demand growth are leading to deceleration in the growth rate.
Tags
North America
Industry Updates
Profit and Loss
Recovery

STR Weekly Insights: 16-22 April 2023

28 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery

Asia Pacific hotel performance continues to recover; ADR still pushing gains around the world while occupancy continues to lag

28 April 2023
A new edition of STR’s global “bubble” charts shows ADR-driven RevPAR growth continuing globally, and while a handful of countries post occupancy gains, many are still experiencing occupancy levels behind 2019 comparables.
Tags
Industry Updates
Global
Historical Data

STR Weekly Insights: 9-15 April 2023

21 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery

Seasonal momentum shifting in U.S. hotel performance

21 April 2023
The top hotel markets in this STR U.S. bubble chart update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates.
Tags
North America
Industry Updates
Historical Data

STR Weekly Insights: 2-8 April 2023

14 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Curacao, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Industry Updates
Recovery
Hotels
Benchmarking

Hotel performance recovery in China: A temporary setback due to Qing Ming

12 April 2023
Although Qing Ming (aka, Tomb-Sweeping Day) halted growth recovery during the first week of April, China's hotels had a strong Q1 and are expected to strengthen even more during the rest of April and throughout this year.
Tags
Asia Pacific
Recovery
Industry Updates

Hotels in Southeast Asia seeing the return of MICE business and major leisure events

10 April 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Tags
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data

STR Weekly Insights: 26 March – 1 April 2023

7 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Hotels
Industry Updates
Recovery

U.S. hotel commentary - February 2023

3 April 2023
ADR growth continues to outpace occupancy growth YoY, and ADR has paced well ahead of occupancy in the 2019 index. The recovery indices have shown that pricing recovered faster than demand, with rates reaching pre-pandemic levels as early as July 2021.
Tags
North America
Recovery
Industry Updates
Hotels

Japan hotel performance beginning to blossom

3 April 2023
In Japan, the cherry blossom is in full bloom. Known as Sakura, these trees also provide the perfect metaphor for the country’s hotel industry, which is beginning to show reasons for optimism after a later reopening than many parts of the world.
Tags
Asia Pacific
Tourism
Industry Updates
Forecast

STR Weekly Insights: 19-25 March 2023

31 March 2023
Countries included: United States, United Kingdom, Indonesia, Spain, China, Germany, Guatemala, Jamaica, Bahamas, Belgium, Luxembourg, Switzerland, Croatia and Switzerland
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery

U.S. Hospitality Radar - February 2023

29 March 2023
In his latest video, Jan Freitag touches on the effect of the banking turmoil on the hotel industry, highlights the February RevPAR growth, and chats with Dan Peek of Hodges Ward Elliott on the state of capital debt markets.
Tags
North America
Industry Updates
Benchmarking
Video

More than half of the global markets post RevPAR growth of more than 20% versus 2019

29 March 2023
A new edition of STR’s global “bubble” charts shows pent-up demand pushing more progress in the Asia Pacific region as well as substantial RevPAR growth for many global markets.
Tags
Global
Industry Updates
Historical Data

Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period

27 March 2023
The overall distribution of demand continues to shift back to larger urban destinations, the major markets continue to close the deficit to pre-pandemic levels, and leisure-oriented markets remain firmly rooted near the top of the national leaderboard.
Tags
Industry Updates
North America
Historical Data

STR Weekly Insights: 12–18 March 2023

24 March 2023
Countries included: United States, Barbados, Bahamas, United Arab Emirates, United Kingdom, Spain, Japan, Jamaica, Puerto Rico, Guatemala, Germany, Mexico, China, Italy, Indonesia, Canada, France
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

STR Weekly Insights: 5-11 March 2023

17 March 2023
Countries included: United States, United Arab Emirates, Jamaica, Puerto Rico, Dominican Republic, Barbados, Senegal, New Zealand, United Kingdom, Germany, Indonesia, and China
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

STR Weekly Insights: 26 February – 4 March 2023

10 March 2023
Countries included: United States, Barbados, United Arab Emirates, United Kingdom, Spain, Japan, Puerto Rico, Guam, Bangladesh, Germany, Mexico, China, Italy, Indonesia, Canada, France
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Failte Ireland: 2022 Hotel Survey with a focus on STR’s Forward STAR

10 March 2023
In this case study, we examine the 6 Nations rugby tournament, and the positive trends which can be observed in the destination over the period leading up to the games.
Tags
Europe
Forward Data
Events
Industry Updates

U.S. hotels - January 2023 commentary

7 March 2023
Occupancy for the month reached 52.8%, which was well above the long-term average of 50% but still below the 54% average from 2015-2020.
Tags
North America
Hotels
Industry Updates
Recovery

STR Weekly Insights: 19-25 February 2023

3 March 2023
Countries included: United States, United Arab Emirates, Puerto Rico, Singapore, Barbados, United Kingdom, Japan, and Mexico
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Easter swing shifts school breaks substantially in Spring 2023

1 March 2023
As spring break season approaches, tracking school calendar data becomes critical for predicting travel demand across the U.S.
Tags
North America
Hotels
Tourism
Industry Updates

Global hotel industry starts 2023 strong as more than 60% of properties recovered RevPAR versus 2019

27 February 2023
A new edition of STR’s global bubble charts show a strong start to 2023 with markets recovering RevPAR across each region as well as more progress in China.
Tags
Global
Industry Updates
Historical Data

U.S. Hospitality Radar - January 2023

27 February 2023
In his latest video update, Jan Freitag talks about earnings season, a mega transactions deal in Florida, and asks Warren DeHaan, co-CEO for ACORE Capital, about the state of the debt markets.
Tags
North America
Industry Updates
Benchmarking
Video

Phoenix hotels scored second-highest Super Bowl weekend ADR and RevPAR

27 February 2023
As forecasted, Phoenix’s hotel industry ranked second all-time among Super Bowl host markets in average daily rate (ADR) and revenue per available room (RevPAR) during the weekend of the big game.
Tags
North America
Industry Updates
Events

STR Weekly Insights: 12-18 February 2023

24 February 2023
Countries included: United States, United Kingdom, China, United Arab Emirates, Saudi Arabia, Barbados, Aruba, Puerto Rico
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains

23 February 2023
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 when adjusting for inflation.
Tags
Industry Updates
Historical Data
North America

Cautious optimism in India’s hotel performance recovery

21 February 2023
India’s hotel industry turned in a stellar 2022 with RevPAR 100% recovered to pre-pandemic levels – but is this recovery sustainable? This latest blog dives into the country’s performance, data-driven themes and occupancy on the books for key market.
Tags
Asia Pacific
Industry Updates
Recovery
Forward Data
Forecast

STR Weekly Insights: 5-11 February 2023

17 February 2023
Countries included: United States, United Kingdom, Germany, China, Barbados, and United Arab Emirates
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates

China hotels benefit from first restriction-free Lunar New Year in three years, more success on the way for APAC

10 February 2023
China announced the easing of most of its COVID restrictions in December 2022, which meant that January 2023 would feature the country's first Lunar New Year holiday without a lockdown since 2019.
Tags
Asia Pacific
Industry Updates
Recovery
Events

STR Weekly Insights: 29 January-4 February 2023

10 February 2023
Countries included: United States, Japan, France, United Kingdom, Indonesia, Turkey, Thailand, Germany, Mexico, Barbados
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Sun is still shining on Australia’s hotel industry

10 February 2023
Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country.
Tags
Industry Updates
Asia Pacific
Historical Data

Latin America hotel performance was mostly recovered in 2022

8 February 2023
Performance recovery was substantial for most of Latin America’s hotel industry in 2022, with Mexico, Central America and South America easily surpassing their pre-pandemic comparables in revenue per available room (RevPAR).
Tags
Industry Updates
North America
Central and South America
Recovery

Caribbean hotel industry a “comeback kid”

3 February 2023
Caribbean hotel performance bounced back throughout 2022 due to the lifting of most travel restrictions. The region saw the largest annual ADR and RevPAR increases over 2019 when compared to the other STR-defined Americas subcontinents.
Tags
North America
Industry Updates
Recovery

STR Weekly Insights: 22-28 January 2023

3 February 2023
Countries included: U.S., Barbados, United Kingdom, Germany
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates

U.S. Hotels - 2022 Commentary

3 February 2023
After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation.
Tags
North America
Industry Updates
Profit and Loss
Historical Data

Restrictions, lack of inbound travel have limited Southeast Asia’s hotel performance

1 February 2023
Southeast Asia sits at the lower end of recovery compared to other STR-defined subcontinents, exceeding only the gains of Northeastern Asia in terms of occupancy and average daily rate (ADR ) in 2022.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Recovery

STR Weekly Insights: 15-21 January 2023

27 January 2023
Countries included: U.S., Barbados, Fiji, Aruba, United Arab Emirates, United Kingdom, China
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery

Almost half of global hotel markets recovered RevPAR with challenges of 2023 ahead

26 January 2023
STR’s bubble chart update shows plenty of momentum heading into the headwinds of 2023 as almost half of global markets reached full recovery of revenue per available room (RevPAR) in 2022.
Tags
Industry Updates
Global
Historical Data

U.S. Hospitality Radar - December 2022

25 January 2023
U.S. hotel performance recovery differed depending on location and class. Jan Freitag breaks the 2022 numbers down in his latest update. He’s also joined by Mark Owens from CBRE to discuss capital markets.
Tags
North America
Benchmarking
Industry Updates
Video

New York City’s comeback and luxury destinations highlighted U.S. hotel performance recovery in 2022

25 January 2023
STR’s bubble chart update for 2022 shows a phenomenal comeback in New York City as well as plenty of success for smaller destinations focused on high-end travelers.
Tags
Industry Updates
North America

With so many headwinds, why are people still traveling?

24 January 2023
Around the globe, consumers aren’t allowing inconveniences or higher costs prevent them from traveling. Our latest consumer research gives us reasons why.
Tags
Global
Industry Updates
Research

STR Weekly Insights: 8-14 January 2023

20 January 2023
Countries included: U.S., U.K., China
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

STR Weekly Insights: 1-7 January 2023

12 January 2023
Countries included in this week’s update: U.S., Japan, China, Barbados, Aruba, Cayman Islands, Germany, Luxembourg, Monaco
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

Market Recovery Monitor - 31 December 2022

9 January 2023
U.S. hotel occupancy for the last week of 2022 reached 54.2%, which was the fourth highest level recorded for the comparable week over the past 23 years.
Tags
Global
Industry Updates
Recovery
Benchmarking
Hotels

Market Recovery Monitor - 17 December 2022

22 December 2022
As we get closer to the holidays, hotel occupancy begins to slow, and this year was no exception. U.S. occupancy for the week of 11-17 December fell to 54.5% from 59.6% in the prior week.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Consumers showing more preference toward hotels, less toward short-term rentals

20 December 2022
In our latest consumer research survey, travelers indicated more preference toward hotels (especially mid-tier) and less interest in short-term rentals as compared to three months ago.
Tags
Global
Hotels
Industry Updates
Research

U.S. Hospitality Radar - November 2022

19 December 2022
This latest update provides a look at U.S. top- and bottom-line performance, our latest consumer research, and the outlook for 2023.
Tags
North America
Benchmarking
Industry Updates
Video

Market Recovery Monitor - 10 December 2022

16 December 2022
After a lull post-Thanksgiving, the U.S. hotel industry kicked back into gear as occupancy rose to 59.6% for the week of 4-10 December 2022.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Market Recovery Monitor - 3 December 2022

9 December 2022
The week after Thanksgiving (27 November-3 December) was somewhat typical for the U.S. hotel industry.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking

As business travel advances, consumers indicate combination trips will lead further gains

7 December 2022
With bleisure being the most likely type of business travel trips on the horizon, hoteliers have different opportunities to engage this segment and lead to further gains.
Tags
Global
Industry Updates
Research

Canada Hospitality Radar - October 2022 & Forecast

5 December 2022
Canada’s hotel industry is expected to better withstand a recession this time around with demand in 2023 forecast to be in line with the 2019 benchmark.
Tags
North America
Benchmarking
Industry Updates
Video

U.S. Hotels - October 2022 Commentary

5 December 2022
In October, the demand index declined month over month, with contribution from most days of the week.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Consumer travel outlook better in the short-term amid increasing cost pressures, declining travel disruption and fewer COVID-19 concerns

2 December 2022
Economic concerns aren’t doing too much to discourage consumers from planning and undertaking trips right now. The future is a bit less optimistic though.
Tags
Forecast
Industry Updates
Research

Market Recovery Monitor - 26 November 2022

2 December 2022
In what turned out to be a normal Thanksgiving week, U.S. hotel occupancy for 20-26 November was 50.4%. That was down from 52.9% a year ago and 50.6% in 2019.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

U.S. Hospitality Radar - October 2022 & Forecast

30 November 2022
The U.S. hotel industry saw continued rebounds in leisure, corporate transient and group demand in October, and a recession will likely not derail this recovery, but it may cause a slowdown. This and more in Jan Freitag’s latest video update.
Tags
North America
Benchmarking
Industry Updates
Video

U.S. Top 25 Markets still behind 2019 occupancy even with continued return of groups

22 November 2022
U.S. hotel occupancy leaders and laggards in this mid-November 2022 “bubble” chart update reflect anticipated seasonal shifts, the continued return of corporate and group demand in large-to-medium sized markets, and a persistent impact from Hurricane Ian.
Tags
North America
Industry Updates
Historical Data

Market Recovery Monitor - 12 November 2022

17 November 2022
For the week of 6-12 November 2022, the post-Halloween demand return continued, as the metric increased 3.4% week on week.
Tags
Global
Industry Updates
Benchmarking
Hotels
Recovery

Qatar’s hotel industry set to win big during the FIFA World Cup

16 November 2022
With the 2022 FIFA World Cup kicking off on Sunday, 20 November, Qatar’s hotel industry is looking forward to a nice performance lift from this “mega event” as fans from all over the world are set to visit the Middle East for a game (or several) of football.
Tags
Middle East and Africa
Forward Data
Industry Updates

Ireland’s hotel industry is well-positioned heading into 2023

11 November 2022
Ireland's hotel industry proved resilient this year with strong performance recovery, and evidence shows that strength will continue into 2023, albeit with economic headwinds in our summary report for Fáilte Ireland.
Tags
Europe
Forward Data
Historical Data
Industry Updates
Tourism
Research

Market Recovery Monitor - 5 November 2022

11 November 2022
With Halloween on Monday during the week of 30 October through 5 November (week 45), U.S. hotel demand and occupancy saw a sharp decrease Sunday and Monday with the declines lingering into Tuesday and to a lesser extent Wednesday.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Market Recovery Monitor - 29 October 2022

4 November 2022
A decrease in U.S. hotel demand and occupancy for the week of 23-29 October was expected and not as steep as previous years.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates

U.S. Hotels - September 2022 Commentary

4 November 2022
In September, U.S. monthly demand exceeded the pre-pandemic comparable for the second time in the pandemic-era but first time this year.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Global hotel demand recovery reached a pandemic-era high in September

28 October 2022
Recovery in global hotel demand reached a pandemic-era high in September. More global insights with a look at the demand and ADR indices.
Tags
Global
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 22 October 2022

28 October 2022
During the week of 16-22 October 2022, U.S. hotel occupancy was almost flat, dipping 0.4 percentage points week over week to 69.9%.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

U.K. Hospitality Radar - September 2022

26 October 2022
U.K. Hospitality Radar - September 2022
Tags
Europe
Hotels
Industry Updates
Video

U.S. Hospitality Radar - September 2022

26 October 2022
The latest video from Jan Freitag covers September group demand/ADR, Q3 transaction volume pointing to investor uncertainty, and the hotel pipeline in secondary markets.
Tags
North America
Benchmarking
Industry Updates
Video

Qatar hotel bookings rising ahead of the FIFA World Cup

26 October 2022
During November and December 2022, Qatar will welcome football fans from across the globe as the first Arab nation to host the FIFA World Cup. With the first match kicking off on 20 November, hotel bookings in the country have ramped up since rooms were released to the public earlier this month.
Tags
Middle East and Africa
Industry Updates
Forward Data

Middle East hotel industry strength likely to be challenged by economic issues in other world regions

25 October 2022
The Middle East is operating from a position of economic strength with 2023 approaching. That bodes well for the hospitality industry, but a looming recession in key source markets will likely create challenges given the Middle East’s historic reliance on international inbound travel.
Tags
Middle East and Africa
Hotels
Industry Updates
Forward Data

NYC extends lead among the major markets, autumn destinations have been popular as well

25 October 2022
Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large U.S. markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane.
Tags
North America
Industry Updates
Historical Data

Market Recovery Monitor - 8 October 2022

14 October 2022
For the week of 2-8 October 2022, U.S. hotel occupancy increased 1.9 percentage points week on week to 68.2%, which was aligned with historical trends and expectations.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

India update: Societal change provides hoteliers with plenty of optimism and opportunity

10 October 2022
After attending the Hotel Association of India (HAI) Hoteliers’ Conclave, our Jesper Palmqvist had a lot of thoughts on the India hospitality industry and how societal change is providing plenty of opportunity and reasons for optimism.
Tags
Asia Pacific
Hotels
Industry Updates

Market Recovery Monitor - 1 October 2022

6 October 2022
U.S. hotel performance was affected by two significant demand-influencing events during 25 September to 1 October 2022—Rosh Hashanah and Hurricane Ian.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

U.S. Hotels - August 2022 Commentary

6 October 2022
August marked the second consecutive month-over-month occupancy decline. ADR declined MoM to $151.49 but was still 14% higher than August 2019 in nominal terms. Real ADR was about 1% below the pre-pandemic comparable.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Dublin hotel performance soared during Garth Brooks tour, late bookings were part of the success

5 October 2022
Actualized data from Garth Brooks’ tour dates in Dublin backed up previous analysis of forward-looking data. Performance popped, and shorter booking windows were part of the equation.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

School break data suggests subtle boosts, sizable squeezes to travel demand during Fall 2022

5 October 2022
STR’s School Break Report shows that subtle boosts and sizeable squeezes to travel demand are on deck this fall as shifts in holiday breaks could impact year-over-year hotel performance. Read more about how these changes could affect your market’s opportunities.
Tags
North America
Hotels
Tourism
Industry Updates

Market Recovery Monitor - 24 September 2022

30 September 2022
U.S. hotel industry occupancy topped 70% for the week ending 24 September 2022—an eight-week high.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

U.S. hospitality radar - August 2022

27 September 2022
Jan Freitag gives a look at GDP growth, RevPAR growth, group rates, highway room demand, and more
Tags
North America
Benchmarking
Industry Updates
Video

Labor Day strength pushes NYC into Top 25 RevPAR lead, leisure markets dominated everywhere else

23 September 2022
For the four weeks ending 10 September, there was an expected seasonal softening from the mid-summer travel peak. Only six of the 165 STR-defined U.S. markets saw month-over-month RevPAR increases for the period.
Tags
North America
Industry Updates
Historical Data

Market Recovery Monitor - 17 September 2022

23 September 2022
Groups and business travel provided a post-Labor Day boost in the U.S. with Monday-Wednesday occupancy reaching 69.9% nationally and 75.5% in the Top 25 Markets. The latter was the second highest level of the pandemic-era.
Tags
Global
Industry Updates
Historical Data

Market Recovery Monitor - 10 September 2022

15 September 2022
Based on the latest week of data (4-10 September 2022), and accounting for a holiday calendar shift, the 3-day Labor Day weekend (Friday – Sunday) in the U.S. was the second best behind 2021.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Value of travel increasing in importance, while spending remains resilient

13 September 2022
Pricing value and deals are becoming more important to consumers, but the overall travel spending outlook looks stable, according to our latest research.
Tags
Global
Tourism
Industry Updates
Research

More global markets above pre-pandemic occupancy levels, highest RevPAR in Mediterranean-facing countries

12 September 2022
A new edition of STR’s global bubble charts shows stronger recovery around much of the world, with the highest overall levels in the Mediterranean.
Tags
Global
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 3 September 2022

9 September 2022
The Friday and Saturday of Labor Day weekend produced an all-time demand record for those two days. The previous high came last year.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Accommodation preferences: Where do travelers’ loyalties lie?

8 September 2022
While hotel demand has risen, consumer sentiment toward the traditional form of accommodation has slipped in recent months. With the hotel sector, full-service properties remain the top preference.
Tags
Global
Tourism
Industry Updates
Research

STR/TE Market Forecast Assumptions – August 2022

7 September 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Tags
Hotels
Industry Updates
Forecast
Global

U.S. Hotels – July 2022 Commentary

7 September 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 27 August 2022

2 September 2022
As expected since the end of July, demand is trending down, but the week-on-week decrease for 21-27 August 2022 continued to be less than what was observed in previous years.
Tags
Global
Recovery
Hotels
Benchmarking
Industry Updates

Will business travel ever completely return?

29 August 2022
Consumer sentiment suggests that a full recovery of business travel may never occur. If there is full recovery in terms of volume, the composition of the segment will probably look different.
Tags
Global
Tourism
Industry Updates
Research

Market Recovery Monitor - 20 August 2022

26 August 2022
For a fourth consecutive week, U.S. room demand declined week on week with occupancy settling at 67.3%, which was 1.2 percentage points lower than the week prior.
Tags
Global
Benchmarking
Recovery
Industry Updates
Hotels

U.S. hospitality radar - July 2022

24 August 2022
Jan gives a look at our latest U.S. hotel forecast, provides an update on group demand figures and explores recent transactions data in this latest video.
Tags
North America
Benchmarking
Industry Updates
Video

Climate, Leisure Patterns Dictate U.S. Market Performance in the Second Half of Summer

23 August 2022
The top performing U.S. hotel markets in this monthly “bubble” chart update reflect typical late summer seasonal patterns along with continued strong leisure travel. Additionally, a range of markets mostly in the uncomfortably hot south/southwest U.S. saw lower percentages of rooms filled.
Tags
North America
Hotels
Industry Updates
Benchmarking

Market Recovery Monitor - 13 August 2022

19 August 2022
The deceleration in U.S. hotel room demand continued as the final days of summer near. For the week of 7-13 August 2022, demand declined by 558,000 rooms week over week with occupancy dropping to 68.5%.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

Travel disruption and increasing financial barriers stall consumer sentiment, but wanderlust remains

18 August 2022
Updated consumer research from STR shows more concern around travel disruption and economic uncertainty, but overall sentiment remains healthy.
Tags
Global
Tourism
Industry Updates
Research

Europe’s historical and forward-looking hotel data shows music event boost

15 August 2022
This piece shows strong alignment between occupancy on the books (Forward STAR) and actualized levels as well as the overall boost that Europe hotels are receiving from the likes of Bruce Springsteen, Ed Sheeran, Elton John, and Westlife.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Market Recovery Monitor - 30 July 2022

5 August 2022
With the annual U.S. travel peak behind us, hotel demand and occupancy began to trend down—which is normal. For the week ending 30 July 2022 (week 31), however, the decrease in demand was much lower than in 2017, 2018 and 2019.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

U.S. Hotels – June 2022 Commentary

2 August 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 23 July 2022

29 July 2022
U.S. hotel room demand for the week ending 23 July 2022 reached its seasonal apex with more than 28.4 million sold. That was the country’s highest weekly total for rooms sold since mid-2019 and the 10th largest weekly amount of the past 22 years.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

U.S. leisure markets maintain summer strength while some major cities make a push as well

25 July 2022
Our latest bubble chart update for the U.S. shows continued strength in leisure markets as well as more momentum for a few major cities.
Tags
North America
Hotels
Industry Updates
Benchmarking

Market Recovery Monitor - 16 July 2022

22 July 2022
As anticipated, history indeed repeated itself during the week ending 16 July 2022, as demand rose 3.4 million rooms year over year – the second-largest gain for week 29 since 2000, and 210,000 less rooms than the 2016 record holder.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels

Market Recovery Monitor - 9 July 2022

14 July 2022
As expected, based on previous occurrences of a Sunday or Monday Fourth of July, U.S. hotel demand and occupancy fell for the week ending 9 July 2022.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels

Market Recovery Monitor - 2 July 2022

8 July 2022
U.S. hotel occupancy fell 4.9 percentage points from the previous week and came in at 67.3% for 26 June-2 July (week 27).
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels

Asian countries await policy changes while hotels in the rest of the world bounce back

8 July 2022
STR’s “bubble chart” updates have been extended to cover the globe. Running 28-day averages through 24 June 2022 showed hotel performance recovery furthest ahead among countries in Europe, Latin America and the Caribbean.
Tags
Global
Industry Updates
Hotels
Research

U.S. Hotels – May 2022 Commentary

6 July 2022
A three-day calendar shift influenced U.S. hotel performance trends, leaving the top-line metrics slightly weaker than the previous month. But an extra weekday on the calendar contributed to higher group demand, which reached a pandemic-era high in May.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 25 June 2022

1 July 2022
U.S. hotel occupancy reached yet another pandemic-era high as the week ending 25 June 2022 hit 72.3%–the highest level since the week ending 10 August 2019.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels

NYC’s momentum, strong ADR around the U.S. highlight continued performance recovery

27 June 2022
Average daily rate (ADR) continues to drive top-line performance recovery around the U.S. As shown in this latest “bubble chart” update, however, the Top 25 Markets are showing a more blended recovery with markets like New York City gaining occupancy momentum.
Tags
North America
Hotels
Industry Updates
Benchmarking

U.S. hospitality radar - June 2022

24 June 2022
In May, U.S. hotel room rates grew 27%, which was the 14th consecutive month that ADR grew over 25% year over year. Compared to 2019, room rates were 13% higher. This and more in Jan Freitag’s latest video update.
Tags
North America
Benchmarking
Industry Updates
Video

Market Recovery Monitor - 18 June 2022

23 June 2022
U.S. hotel performance strengthened further with occupancy for the week ending 18 June 2022 at a pandemic-era high of 71.8%, which was up 1.2 percentage points from the prior week and 4.1 percentage points versus the matching week last year.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

Market Recovery Monitor - 11 June 2022

16 June 2022
The summer is in full swing with U.S. hotel occupancy rising to 70.6% for the week ending 11 June 2022, which was the highest level of the year and the third highest since the start of the pandemic.
Tags
Global
Recovery
Hotels
Benchmarking
Industry Updates

Webinar summary: 5 key points on Mexico hotel performance, 8 June 2022

16 June 2022
STR’s latest complimentary webinar focused on hotel performance recovery in Mexico. In addition to the recording that can be accessed here, below are five key points from the webinar on 8 June 2022.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

Contrasting fortunes for tourism? What we know and don’t know as tourism ramps up

16 June 2022
International travel gaining momentum, renewed interest in city breaks, and the war in Ukraine affecting some travel plans. Learn more from our latest consume research piece on the contrasting fortunes for tourism.
Tags
Global
Tourism
Industry Updates
Research

Accommodation preferences after COVID-19: Back to normal or a new normal?

10 June 2022
Hotels are regaining their consumer appeal, especially full-service and smaller properties. Short-term rentals remain a popular option. Read more on accommodation preferences from our latest consumer research.
Tags
Global
Tourism
Industry Updates
Research

Market Recovery Monitor - 4 June 2022

9 June 2022
As is typical, the week of Memorial Day weakened compared with the week prior. U.S. weekly occupancy dropped 3.3 percentage points to 63.2%, which was lowest level of the past eight weeks.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

U.S. Hotels – April 2022 Commentary

9 June 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 28 May 2022

3 June 2022
Performance during the week before the Memorial Day holiday (22-28 May 2022) came in lower than expected, as U.S. hotel occupancy fell to 66.5% from 68.6% the prior week.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

Business travel is back, but a return to pre-pandemic levels remains far off

1 June 2022
Business travel is recovering, although a complete recovery remains a way off. And the changes in the workplace and workstyle, not to mention the fact that COVID is still a factor, reveal a new business travel landscape.
Tags
Global
Tourism
Industry Updates
Research

STR/TE Market Forecast Assumptions – May 2022

27 May 2022
Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Tags
Global
Hotels
Industry Updates
Forecast

Market Recovery Monitor - 21 May 2022

27 May 2022
Occupancy in the U.S. reached 68.6% for the week of 15-21 May 2022, which was the highest level since July 2021. To add some perspective, since the start of the pandemic, weekly occupancy has only surpassed 65% on 17 occasions.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates

Travel sentiment improves despite higher prices, COVID-19 and travel disruption concerns

26 May 2022
Consumers are willing to pay more for travel right now. As household and other costs continue to increase, however, travel costs may become increasingly scrutinized, which could stall recovery. Read more from our latest Consumer Travel Sentiment research.
Tags
Global
Tourism
Industry Updates
Research

U.S. hospitality radar - April 2022

23 May 2022
U.S. hotel demand in April nearly matched 2019 levels, while rooms rates came in 14% higher than the pre-pandemic comparable. This and more in Jan Freitag’s latest update.
Tags
North America
Benchmarking
Industry Updates
Video

Recent U.S. occupancy leaders appeal to both business and leisure travel

23 May 2022
Most U.S. hotel markets are ahead of 2019 revenue per available room (RevPAR) on a nominal basis. With more contribution from average daily rate (ADR), however, this latest “bubble chart” update focuses on occupancy with many recent leaders showing appeal in both the leisure and business segments.
Tags
North America
Hotels
Industry Updates
Benchmarking

How have past Sargassum blooms affected hotel performance?

20 May 2022
Hoteliers may face additional headwinds from high levels of Sargassum seaweed blooms. In addition to environmental concerns, Sargassum presents an issue for destinations because its unpleasant smell and presence can discourage beachgoing tourists.
Tags
Hotels
Industry Updates
Historical Data
Benchmarking

India hotel performance continues to eclipse pre-pandemic levels

17 May 2022
April seemed to be a turning point in India’s hotel performance recovery. Leisure markets continue to lead that recovery, but business travel is also back, and forward bookings appear healthy for the remainder of May with most pickup remaining short-term.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data

Market Recovery Monitor - 7 May 2022

16 May 2022
Occupancy dipped in the latest week of reporting, falling 2.7 percentage points week on week to 63.9% during 1-7 May 2022.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

Market Recovery Monitor - 30 April 2022

5 May 2022
The U.S. hotel industry continued to gain steam with occupancy rising to 66.6% during the week of 24-30 April 2022. That absolute occupancy was the second highest of the year thus far, and it was the third time above 66% this year.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

Video: Spain market update - Q2 2022

4 May 2022
Spain market update - Q2 2022
Tags
Europe
Hotels
Industry Updates
Benchmarking

U.S. Hotels – March 2022 Commentary

29 April 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 23 April 2022

28 April 2022
After its typical pre-Easter slowing, the U.S. hotel industry rebounded with occupancy of 65.8% during 17-23 April 2022. That level was 2.9 percentage points away from the 2019 comparable, while Easter Sunday occupancy topped the holiday Sunday in 2019.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

Hotel demand races upwards around Formula 1 events

25 April 2022
What do Melbourne, Miami, Barcelona, Montreal, Singapore and Abu Dhabi have in common? A Formula 1-driven lift in hotel bookings.
Tags
Global
Hotels
Industry Updates
Benchmarking
Forward Data

Belfast seeing a surge in spring and summer bookings

25 April 2022
Ed Sheeran, André Rieu, Queen + Adam Lambert…they are all playing a role in lifting Belfast’s hotel bookings in the coming months.
Tags
Europe
Hotels
Industry Updates
Forward Data

Market Recovery Monitor - 16 April 2022

21 April 2022
U.S. hotel occupancy for 10-16 April 2022 dropped by the largest week-on-week amount of the past 14 weeks (-4.4 percentage points). However, the decrease was in line with what was seen in 2019, when the Easter weekend fell at the same point in April.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates

Video: U.S. hotel performance for March 2022

20 April 2022
U.S. hotel performance for March 2022
Tags
North America
Hotels
Industry Updates
Benchmarking
Video

Largest U.S. hotel markets showed considerable RevPAR gains as spring 2022 began

19 April 2022
While overall performance continues to be led by smaller, leisure-based destinations, major markets in the U.S. showed considerable performance gains in late March/early April.
Tags
North America
Hotels
Industry Updates
Benchmarking

Market Recovery Monitor - 9 April 2022

14 April 2022
U.S. hotel occupancy advanced to 66.4% in the week ending 9 April 2022, up 2.3 percentage points from the prior week and 3.3 percentage points off the level attained in the corresponding week of 2019.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking

Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham

13 April 2022
Birmingham’s hotel occupancy on the books is peaking at 78% for this summer’s Commonwealth Games. A few months back, levels were peaking at just 55%. Read more in this latest Forward STAR piece.
Tags
Europe
Hotels
Industry Updates
Forward Data
Historical Data

Video: Denver hospitality radar

12 April 2022
Denver hotel ADR and demand are expected to near full recovery this year, while occupancy and RevPAR will take a few more years to reach 2019 levels, mostly due to new supply entering the Mile High City.
Tags
North America
Hotels
Industry Updates
Benchmarking
Video

Market Recovery Monitor - 2 April 2022

8 April 2022
During the week ending 2 April, U.S. hotel occupancy (64.2%) slipped for a second consecutive week, dropping 1.4 percentage points from the prior week. The decrease was not a surprise given that Spring Break is winding down.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking

Tourism outlook: A new spring in its step?

5 April 2022
Government-related barriers, not comfort or financial issues, seem to be the most hindering for tourists these days. Read that and more in this research piece which points to signs of optimism for the future of tourism.
Tags
Global
Tourism
Industry Updates
Research

Market Recovery Monitor - 26 March 2022

1 April 2022
While the U.S. saw an overall seasonal slowing in occupancy, several markets saw their highest occupancy since the start of the pandemic, including San Francisco, Los Angeles and San Jose.
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery

Europe hotel occupancy remains stable amid war in Ukraine

28 March 2022
Europe’s hotel performance has remained stable amid the war in Ukraine, and countries bordering the conflict area have seen a refugee-driven lift in occupancy. Read more on this analysis of historical and forward-looking data in the region.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Market Recovery Monitor - 19 March 2022

24 March 2022
The U.S. hotel industry posted its highest weekly occupancy since the end of summer 2021 with a level of 66.9% during the week of 13-19 March 2022.
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery

Video: U.K. hospitality outlook

24 March 2022
Cristina Balekjian gives an outlook of the hospitality industry in the United Kingdom. Watch now.
Tags
Hotels
Industry Updates
Europe

U.S. Hotels – February 2022 Commentary

24 March 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data

Video: U.S. hotel performance for February 2022

22 March 2022
U.S. hotel performance for February 2022
Tags
North America
Industry Updates
Hotels
Video

Market Recovery Monitor - 12 March 2022

18 March 2022
Good occupancy abounds as spring blooms. U.S. hotel industry occupancy (63.2%) reached a 20-week high during 6-12 March 2022 with Spring Break driving growth even though it has yet to reach its apex.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

STR/TE Market Forecast Assumptions – February 2022

17 March 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Tags
Hotels
Industry Updates
Forecast
Global

Market Recovery Monitor - 5 March 2022

11 March 2022
U.S. hotel weekly occupancy slipped a bit in the most recent week of reporting (27 February-5 March 2022), falling to 61.2% from 62.2% the week prior.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking

Historical analysis: Rising gas prices have limited impact on U.S. hotel demand

10 March 2022
Historical data back to 1990 shows a correlation of .54 between inflation-adjusted gas prices and seasonally adjusted hotel room demand. Read more in this quick analysis on the impact of rising gas prices.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 26 February 2022

4 March 2022
The good news for the U.S. hotel industry continued as occupancy advanced to 62.2% during the week of 20-26 February 2022, up from 59.1% in the previous week.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery

Los Angeles Hotels Underperform Super Bowl Expectations

2 March 2022
L.A. hotel occupancy came in at 80.5% for the Super Bowl weekend – nine points lower than projected, suggesting the sweep of the Omicron variant may have played the part of “spoiler” for the event.
Tags
North America
Hotels
Benchmarking
Industry Updates

U.S. Hotels - January 2022 Commentary

1 March 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 19 February 2022

24 February 2022
Driven by the Presidents’ Day holiday weekend, U.S. leisure travel made a big comeback and pushed occupancy 4.6 percentage points to 59.1% during the week of 13-19 February 2022.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

Video: U.S. hotel performance for January 2022

24 February 2022
U.S. hotel performance for January 2022
Tags
North America
Industry Updates
Hotels
Video

Standout markets come back to earth with more “normal” performance across the U.S.

22 February 2022
STR’s latest 28-day visuals for 12 February show markets collectively getting closer to their seasonal performance expectations.
Tags
North America
Hotels
Industry Updates
Benchmarking

Market Recovery Monitor - 12 February 2022

17 February 2022
U.S. weekly hotel performance continued to rev up with the largest week-over-week increase in occupancy this year.
Tags
Global
Recovery
Industry Updates
Benchmarking
Hotels

Market Recovery Monitor - 5 February 2022

10 February 2022
The post-holiday doldrums appear to be ending. U.S. hotel occupancy advanced again, rising to 50.4% in the week ending 5 February 2022. This was the first time in the past five weeks that weekly occupancy surpassed the 50% level, although the index to 2019 fell from the prior week.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking

6 Nations, music acts lifting Cardiff’s hotel bookings for 2022

10 February 2022
With a more stabilized pandemic situation, large-scale events like 6 Nations, and concerts from the Stereophonics and Ed Sheeran, are lifting Cardiff’s occupancy on the books for 2022.
Tags
Europe
Hotels
Industry Updates
Forward Data

Market Recovery Monitor - 29 January 2022

3 February 2022
The U.S. hotel industry neared the 50% occupancy mark, rising to 49.7% in the week ending 29 January 2022. The gain came mainly through leisure travel, which is beginning to reemerge after a post-holiday hibernation.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates

Video: Canada hospitality radar outlook 2022

2 February 2022
Looking ahead at Canada hospitality performance
Tags
North America
Industry Updates
Hotels
Video

Music events are boosting hotel demand for several European markets in 2022

2 February 2022
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers. In Dublin, Belfast, Glasgow and Turin, music lovers will equal beds in heads and drive larger booking windows.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Video: UK hospitality radar outlook 2022

28 January 2022
Looking ahead at UK hospitality performance
Tags
Europe
Industry Updates
Hotels
Video

Market Recovery Monitor - 22 January 2022

28 January 2022
For a third consecutive week, U.S. hotel occupancy remained soft with occupancy for 16-22 January staying basically flat (-0.1 percentage point) at 48.7%.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

Video: Netherlands market update - January 2022

26 January 2022
Netherlands market update - January 2022
Tags
Europe
Hotels
Industry Updates
Benchmarking

Beijing hotel performance expectations as Lunar New Year and Olympics intersect with the pandemic

26 January 2022
Lunar New Year, the Winter Olympics and the pandemic all meet in Beijing this February. What are the expectations for hotel performance as these demand influencers intersect? Find out here.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Forecast

Video: U.S. performance results for December 2021

25 January 2022
U.S. performance results for December 2021
Tags
North America
Industry Updates
Hotels
Video

Chile hotels show resilience

24 January 2022
Challenges are nothing new for Chile’s hotels. Different from most other countries though, the country is recapturing occupancy faster than ADR. Find out more in this latest deep dive on Chile’s recovery.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Market Recovery Monitor - 15 January 2022

21 January 2022
U.S. hotel performance continued to meander with occupancy remaining below 50% for a second straight week during 9-15 January. At 48.8%, occupancy was in the bottom third of comparable weeks going back to 2000.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

Market Recovery Monitor - 8 January 2022

13 January 2022
The first week of 2022 (2-8 January) was somewhat typical for a first week in January. U.S. hotel industry occupancy dipped to 45.4%, which was eight percentage points lower than what it was in the comparable week of 2019 but eight percentage points higher than a year ago.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

Market Recovery Monitor - 1 January 2022

7 January 2022
“I’ll be home for Christmas” rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

Review of Shenzhen Hotel Data Information Seminar

21 December 2021
On 25 November 2021, STR held the Shenzhen Hotel Data Information Seminar. STR’s North Asia Business Development Manager, Wanqing Yang, presented on the topic of "Shenzhen Hotel Performance Observations” with analysis of the latest developments in the market.
Tags
Industry Updates
Hotels
Historical Data
Asia Pacific

Strong finish to 2021 for most of U.S., sizable RevPAR Gains for D.C. and New York

20 December 2021
STR’s final 51-chart map of the year shows recent national/regional trends and many states finishing 2021 strong.
Tags
North America
Hotels
Benchmarking
Industry Updates

Video: U.S. performance results for November 2021

20 December 2021
U.S. performance results for November 2021
Tags
North America
Industry Updates
Hotels
Video

As lockdowns end, hotel bookings surge in Australia’s Gold Coast

17 December 2021
As Australia enters the summer months and restrictions ease, positive trends are already developing for hoteliers. And while an uplift in demand can be observed across many of Australia’s key markets, it is the Gold Coast that is leading charge in forward bookings.
Tags
Industry Updates
Hotels
Historical Data
Forward Data
Asia Pacific

Market Recovery Monitor - 11 December 2021

16 December 2021
For the first time in 85 weeks, New York City led the nation in occupancy (81%) as visitors returned to partake in the city’s holiday traditions and attractions.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

Hotel profitability global update: Continued improvement for most of the world in October

15 December 2021
In this latest update with October data, we saw similar trends in P&L data as we did in September, although there were notable outliers in each world region.
Tags
Global
Hotels
Industry Updates
Profit and Loss

Change in travel accommodation preferences continues

15 December 2021
STR’s latest research shows that accommodation preferences and behaviors were continuing to shift and evolve in response to COVID-19—even before Omicron. These new preferences and behaviors have led to new opportunities and challenges for the industry.
Tags
Global
Tourism
Industry Updates
Research

COVID-19 webinar summary: 5 key points on Brazil hotel performance, 2 December

13 December 2021
On 3 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

COVID-19 webinar summary: 5 key points on France hotel performance, 3 December

10 December 2021
On 3 December, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data

COVID-19 webinar summary: 5 key points on Benelux hotel performance, 3 December

10 December 2021
On 3 December, we analyzed hotel performance in Belgium, the Netherlands, and Luxembourg amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data

Market Recovery Monitor - 4 December 2021

9 December 2021
In a somewhat typical post-Thanksgiving week (28 November-4 December), U.S. hotel occupancy rose from the previous week to 54.8%.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery

A Class Tale: Luxury hotels around the world

8 December 2021
New restrictions obviously mean potential challenges for the hotel industry, and as we have seen throughout the pandemic, every class of hotel can be affected differently. In this latest piece, we look at how Luxury class hotels have performed around the globe, especially in more recent months.
Tags
Global
Hotels
Industry Updates
Supply and Development
Historical Data

A tale of two travel sentiments: business remains negative while leisure still upbeat

7 December 2021
More from our latest consumer travel research shows increased negative sentiment around business travel—even before Omicron—but booming sentiment around leisure.
Tags
Global
Tourism
Industry Updates
Research

Market Recovery Monitor - 27 November 2021

2 December 2021
Thanksgiving week for the U.S. hotel industry was record-breaking by all measures.
Tags
Benchmarking
North America
Hotels
Recovery
Industry Updates

Increasing COVID-19 cases dent consumer travel sentiment

1 December 2021
Even before the Omicron variant was announced, consumer travel sentiment appeared to have stalled amid rising COVID cases. Read more from our latest Traveler Panel research conducted last month.
Tags
Global
Tourism
Industry Updates
Research

Market Forecast Assumptions: November 2021

29 November 2021
STR/TE Market Forecast Assumptions - November 2021
Tags
Hotels
Industry Updates
Forecast

Video: U.S. performance results for October 2021 and forecast

29 November 2021
U.S. performance results for October 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video

Dubai welcomes the world, and hotels are benefitting

24 November 2021
Dubai hotels got off to a fast start during Expo, especially with ADR and RevPAR. To measure the market’s success, we look back at a previous Expo host and look forward at occupancy on the books for the remainder of the event in Dubai.
Tags
Hotels
Middle East and Africa
Industry Updates
Historical Data
Forward Data

U.S. Market Recovery Monitor - 13 November 2021

19 November 2021
The U.S. hotel industry saw its largest week-over-week demand gain since early October with 704,000 more room nights sold for the week ending 13 November 2021.
Tags
Benchmarking
Hotels
Industry Updates
Recovery
North America

U.S. Market Recovery Monitor - 6 November 2021

12 November 2021
The hotel industry rebounded slightly after two weeks of declines, gaining nearly a percentage point in occupancy during the week ending 6 November.
Tags
North America
Hotels
Benchmarking
Recovery
Industry Updates

Back to business (travel)

10 November 2021
The latest data for Europe indicates the early return of business travel and groups. Find out more.
Tags
Europe
Hotels
Industry Updates
Historical Data

Hotel profitability global update: Improvement for most of the world in September

10 November 2021
Hotel profitability improved at low levels for most of the world in September. Find out more in this global P&L update.
Tags
Global
Hotels
Industry Updates
Profit and Loss

Europe hotel pipeline update

9 November 2021
Delayed 2020 openings and limited cancellations of planned projects are contributing to Europe’s hotel pipeline reaching all-time highs. Find out more.
Tags
Europe
Hotels
Industry Updates
Supply and Development

Middle East Q3 2021 hotel performance update

9 November 2021
As vaccination campaigns continue in the Middle East, restrictions for international fully vaccinated travellers have been lifted. Is that growing vaccination rate helping improve hotel performance in the region? How far is the region from its 2019 levels? Find out more in our latest Q3 analysis.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data

As hotel group demand recovers, what types of meetings are returning?

5 November 2021
As hotel group demand recovers, what types of meetings are welcoming that demand? Insights from meeting planners show similar thinking to that of pandemic-era leisure travelers. Read more.
Tags
North America
Europe
Tourism
Industry Updates
Research

U.S. Market Recovery Monitor - 30 October 2021

4 November 2021
U.S. hotel performance for 24-30 October was neither a trick or treat as occupancy dropped to a 25-week low of 58.9% after coming in at 63.9% in the prior week.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Golden Week Impact

1 November 2021
Did the Mid-Autumn Festival and the National Day stimulate a performance jump for Mainland China’s hotel market? Or did sporadic COVID-19 cases and pandemic prevention measures limit gains? Find out more in this deep dive.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 23 October 2021

28 October 2021
For the week ending 23 October, U.S. hotel occupancy tumbled slightly to 63.9% from 65.0% in the previous week.
Tags
North America
Hotels
Benchmarking
Recovery
Industry Updates

Cardiff: Rugby, pop and rock boost forward demand

27 October 2021
Hosting a large-scale event often means an opportunity for local hotels. With Six Nations Rugby and concerts from Stereophonics and Ed Sheeran, Cardiff is a prime example. Learn more in our latest forward occupancy analysis.
Tags
Europe
Industry Updates
Forward Data
Hotels

Video: U.S. performance results for September 2021

25 October 2021
U.S. performance results for September 2021
Tags
North America
Industry Updates
Hotels
Video

U.S. Market Recovery Monitor - 16 October 2021

21 October 2021
The Columbus Day holiday propelled U.S. occupancy to 65.0% for the week ending 16 October. That level was the country’s highest since mid-August and surpassed the levels seen during the weeks of Memorial Day and Labor Day.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Brazil hotels recovering ADR much faster than occupancy

18 October 2021
Brazil’s hotels are recovering ADR much faster than occupancy due to a shift toward domestic leisure demand as well as a high volume of closures in the lower-tier classes. Read more here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Forward STAR shows the Commonwealth Game impact on Birmingham

18 October 2021
Events have offered a much-needed lifeline to hotels as the industry emerges from the pandemic. Through Forward STAR, we can measure the advance impact of these large-scale events, such as the 2022 Commonwealth Games in Birmingham, England.
Tags
Europe
Industry Updates
Forward Data
Hotels

U.S. Market Recovery Monitor - 9 October 2021

14 October 2021
The latest week of data in the U.S. confirms that the previous seven-day period was indeed the lull before the storm. Occupancy for 3-9 October rose 2.2 percentage points to 63.9%, which was the country’s highest level since mid-August.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

Olympics impact on hotel development

14 October 2021
Hosting a mega event often means opportunity for hotel development. From Sydney in 2000 to Tokyo this past year and Paris 2024 on the horizon, we look at the Summer Olympic impact on supply. Find out more.
Tags
Global
Hotels
Industry Updates
Supply and Development

AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels

11 October 2021
Perth realized its strongest RevPAR in five years during the AFL Grand Final, while performance during the NRL Grand Final in Brisbane was a bit more held back by COVID-19 restrictions. Read more here.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

A brighter future for Colombia?

8 October 2021
Colombia’s accelerated vaccination rollout and lessened restrictions on eligibility pushed the country’s vaccination rate to 32.1% as of 22 September, according to Our World in Data. Is that growing vaccination rate helping improve hotel performance in this key South American country?
Tags
Central and South America
Hotels
Industry Updates
Historical Data

London’s Outlook: An Analysis by Hotel Class

8 October 2021
When booking a hotel room, guests are considering more factors than ever in deciding which property to call home in their destination. Examining future occupancy levels by class allows for a better understanding of the traveler booking rationale for the upcoming months.
Tags
Europe
Hotels
Industry Updates
Forward Data

U.S. Market Recovery Monitor - 2 October 2021

7 October 2021
U.S. hotel industry demand retreated in the latest week of reporting (26 September-2 October), failing to align with a rise in TSA security screenings. Normally, we expect an uptick in air passengers to yield an increase in hotel demand.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

Caribbean hotel update: Two markets showing high levels of occupancy recovery

5 October 2021
The summer travel season, helped by growing vaccination rates around the world, allowed Caribbean hotels to pick up steam in their road to recovery.
Tags
North America
Hotels
Industry Updates
Benchmarking
Recovery

Restrictions limit Queensland’s hotel performance during school holiday periods

5 October 2021
Restrictions around Australia are restricting hotel performance in Queensland, even during usually popular school holiday periods. Check out this quick analysis of occupancy on the books for the Sept/Oct school break.
Tags
Asia Pacific
Industry Updates
Hotels
Forward Data

Is it time to talk about real recovery in South America?

1 October 2021
South America’s August hotel occupancy reached 72% of the 2019 comparable. Does that mean it is time to talk about real recovery in the region?
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Did Europe lose another summer?

1 October 2021
Summer 2020 undoubtedly looked much different around Europe due to the global impact of the COVID-19 pandemic. Fast forward to this year, and there was hope that the region’s effort toward a more “normal” summer would be successful.
Tags
Europe
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 25 September 2021

30 September 2021
U.S. hotel demand continued to exceed expectations last week. Group hotels and major markets (NYC, Orlando, Boston, DC, Phoenix) posted noteworthy improvements.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

Video: U.K. performance results for August 2021

29 September 2021
U.K. performance results for August 2021 and a look at occupancy-on-the-books.
Tags
Europe
Industry Updates
Hotels
Video
Forward Data

Glasgow’s forward-looking data reflecting the UN Climate Change Conference occupancy boost

28 September 2021
As the UN Climate Change Conference (1-12 November 2021) approaches, Glasgow’s hotel occupancy on the books continues to rise.
Tags
Europe
Hotels
Industry Updates
Forward Data

Video: U.S. performance results for August 2021

23 September 2021
U.S. performance results for August 2021
Tags
North America
Industry Updates
Hotels
Video

U.S. Market Recovery Monitor - 18 September 2021

23 September 2021
In an unexpected turn, U.S. demand and occupancy advanced in the latest week of reporting (12-18 September 2021) to the best levels of the past four weeks.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

Latest Hurricane Ida analysis reflects vast reopening in New Orleans

22 September 2021
Following up on STR’s initial Hurricane Ida analysis from 10 September, a vast majority of hotels in the New Orleans MSA have reopened with improving occupancy levels, especially in the core city center/central business district.
Tags
North America
Hotels
Industry Updates
Historical Data
Benchmarking

U.S. Market Recovery Monitor - 11 September 2021

17 September 2021
Occupancy for the week ending 11 September 2021 was 60.0%, somewhat better than expected and boosted upward by Labor Day Sunday.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

Tourism After Lockdown: Gloomy picture for business travel, but a small ray of hope

17 September 2021
With summer ending and the much-needed leisure travel surge waning, much of the industry’s attention and focus shifts to business travel. For true recovery to occur, the travel and hospitality industry needs to see business travel return to pre-pandemic levels.
Tags
Global
Tourism
Industry Updates
Research

COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September

14 September 2021
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Hotels
Industry Updates
Historical Data

Indonesia(ns) on the move again

13 September 2021
While vaccination rates grow rapidly, case numbers fall, and hospital beds are more available, Indonesians are once again hitting the road and creating hotel demand around the country.
Tags
Asia Pacific
Hotels
Benchmarking
Industry Updates

Tourism After Lockdown: Hotel Guests Expect Normal In The New Normal

10 September 2021
Our latest research suggests most consumers are seeking a return to normal in their hotel experiences. Minimal housekeeping and contactless service, for example, are of less interest than early in the pandemic. This and more from our latest tourism consumer research
Tags
Global
Industry Updates
Tourism
Research

Hurricane Ida impact on hotels

10 September 2021
At least 155 New Orleans hotels are temporarily closed because of Hurricane Ida. Read more in this Ida analysis, which also covers demand shifts in the Gulf region and the Northeast U.S.
Tags
North America
Hotels
Industry Updates
Benchmarking
Historical Data

U.S. Market Recovery Monitor - 4 September 2021

10 September 2021
After falling for the past five weeks, occupancy bounced back as Labor Day leisure travel and Hurricane Ida-related demand drove a level of 61.3% during 29 August-4 September.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates

COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 26 August

3 September 2021
On 26 August, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 28 August 2021

2 September 2021
Occupancy fell by more than two percentage points to 61.0% for the week ending 28 August 2021. This was the fifth consecutive week with lower occupancy and the fourth straight week with an occupancy decline of more than two percentage points.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Tourism After Lockdown: A new standard of accommodation preferences?

31 August 2021
In this recent wave of research, conducted using our Traveler Panel, STR sought to find out if the accommodation preference changes seen in previous research were still evident, despite significant vaccination progress in many countries.
Tags
Global
Industry Updates
Tourism
Research

India’s different, second recovery

30 August 2021
India’s progressive approach to vaccinations has led to an increase in travelers and hotel demand, especially in the leisure segment. Beyond the noticeable improvement, however, the country is showing a different trend in which markets are regaining occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 21 August 2021

27 August 2021
Weekly demand was lower in 71% of 166 U.S. markets, but the index to 2019 didn’t dip much. Read more in the latest MRM.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Video: U.S. performance results for July 2021 & forecast

25 August 2021
U.S. performance results for July 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video

U.S. Market Recovery Monitor - 14 August 2021

19 August 2021
U.S. occupancy fell for a third consecutive week, dropping by more than two points to 65.7% during 8-14 August 2021. Further, weekly occupancy was down more than five points when compared with the week of 24 July 2021.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

A quick overview of China’s July hotel performance

19 August 2021
With the help of summer vacation, Mainland China’s overall hotel occupancy rate showed a good upward trend in July, with the second and third week of the month reaching 2019 levels.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

Tourism After Lockdown: Current Travel Barriers

19 August 2021
Travel barriers continue to influence travelers’ decisions not to book or undertake an overnight trip. How have these barriers impacted tourism decision making since our previous travel barriers article?
Tags
Global
Industry Updates
Tourism
Research

Asia Pacific: Hotel performance ups and downs

16 August 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 7 August 2021

12 August 2021
Amid increased COVID cases, the rise of the Delta variant, and the return of in-person schooling, U.S. weekly hotel room demand dropped for a second consecutive week. The decrease in demand caused occupancy to fall to 68.0% for the week (1-7 August).
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

China Hotel Performance Update

10 August 2021
All key markets in China showed June 2021 increases in hotel occupancy and average daily rate (ADR) compared to the same period last year, except for Guangzhou and Shenzhen.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 31 July 2021

5 August 2021
For a third consecutive week, occupancy remained above 70% (25-31 July 2021), but that was down from the pandemic-era high (71.4%) achieved in the previous week. While occupancy slipped, average daily rate (ADR) advanced to yet another record high (US$143) on a nominal basis.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Tourism After Lockdown: Temperature Check on Travel

4 August 2021
Continued pandemic-related barriers to travel, such as quarantine risks and testing, coupled with enduring concerns about infection are hampering a return to pre-pandemic travel behavior. Find out more in our new Tourism After Lockdown series.
Tags
Global
Industry Updates
Tourism
Research

Chengdu hotel market performance recovery

3 August 2021
In 2020, Chengdu's hospitality industry accounted for 65.7% of GDP, contributing 52.2% to the city's economic growth and significantly increasing its contribution to the development of energy levels and economies.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

Roundtable Discussion | Challenges and Opportunities of Mainland China’s Economy in Summer

3 August 2021
On 2 July 2021, STR held the second Chinese webinar in 2021. This transcript was initially in Chinese and translated into English.
Tags
Asia Pacific
Hotels
Industry Updates
Webinar

The time between lockdown periods showed recovery potential for Victorian hotels

2 August 2021
That was the amount of time from the end of Victoria’s third lockdown to the beginning of the fourth. During this period, Victoria’s overall accommodation performance saw its greatest shift since pre-pandemic days, with growth largely driven by regional markets.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Benchmarking

U.S. Market Recovery Monitor - 24 July 2021

29 July 2021
For the week ending 24 July 2021, RevPAR broke the US$100 barrier for the first time since October 2019. At US$101, RevPAR was at its highest level since the week of 27 July 2019.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Video: U.K. hotel performance ending 18 July 2021 

26 July 2021
U.K. hotel performance ending 18 July 2021 
Tags
Europe
Industry Updates
Hotels
Video

U.S. Market Recovery Monitor - 17 July 2021

22 July 2021
In the week ending 17 July 2021, occupancy soared to 71.0%, its highest level since the Columbus Day holiday week of October 2019. Also for the first time since the week ending 19 October 2019, daily occupancy was above 70% Wednesday through Saturday.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Video: U.S. performance results for June 2021

22 July 2021
U.S. performance results for June 2021
Tags
North America
Industry Updates
Hotels
Video

U.K. leading Europe in hotel performance recovery

22 July 2021
Although occupancy on the books remains low, Regional U.K. is still ahead of London. Travelers are still awaiting confirmation of softened travel restrictions by 19 July, which should be immediately followed by a sharp increase in demand.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

2021 Copa América impact on host hotel markets

20 July 2021
There were some noticeable jumps in hotel occupancy during Copa América, but typical day-of-week trends contributed to higher levels in some cases. That and more in this piece on the tournament’s impact on Rio de Janeiro and Brasilia hotel performance.
Tags
Central and South America
Historical Data
Hotels
Industry Updates

UEFA Euro 2020 impact on hotel performance

20 July 2021
London posted its highest ADR of 2021 the night before England faced Italy in the UEFA Euro final. That and more in this piece on the tournament’s impact on host market hotel performance.
Tags
Europe
Industry Updates
Hotels
Historical Data

U.S. Market Recovery Monitor - 10 July 2021

15 July 2021
Following the normal pre-4th of July slump, U.S. industry occupancy rebounded to 67.2% for the week ending 10 July 2021. While this was good news, the gain was much less than expected as weekly demand improved 3% to 26 million.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Hotel performance recovery in China isn’t just faster, it’s different

12 July 2021
Mainland China’s hotel performance recovery hasn’t just been faster, it’s been different: business travel has returned, all hotel classes are recovering well, and pricing confidence came back as quickly as occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 3 July 2021

9 July 2021
Prior to the pandemic, holiday weeks tended to be lackluster due to the lack of business and group travel. During the pandemic era, that trend seems to be returning.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Australia’s latest COVID-19 lockdowns take their toll on hotel bookings

9 July 2021
Amid recent COVID-19 outbreaks and lockdowns, however, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks.
Tags
Hotels
Asia Pacific
Forward Data
Industry Updates

Argentina hotels struggling to generate occupancy momentum

7 July 2021
Most of South America’s hotel industry continues to stagnate, and Argentina stands out as a country unable to generate recovery momentum to this point.
Tags
Hotels
Industry Updates
Historical Data
Central and South America

Central/South America’s hotel pipeline is weak, but a handful of markets project significant growth

7 July 2021
Hotel development in the Central and South America region is lagging the rest of the world, but a handful of markets are projected for significant supply growth.
Tags
Central and South America
Hotels
Industry Updates
Supply and Development

Mixed picture: Occupancy on the books in Barcelona and the Balearic Islands

5 July 2021
Hotel occupancy on the books in Barcelona and the Balearic Islands shows a mixed, but improved picture. We’re keeping a close eye on the Balearics with its green list status in the U.K.
Tags
Europe
Hotels
Industry Updates
Forward Data

U.S. Market Recovery Monitor - 26 June 2021

2 July 2021
While summer travel has not yet been “record-breaking” as some predicted, growth for the U.S. hotel industry has simply been spectacular over the past month. We expect that June will produce more than 110 million room nights sold, the most since October 2019.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

U.S. Market Recovery Monitor - 19 June 2021

24 June 2021
The “summer travel surge” continued this past week as U.S. hotel occupancy hit an 85-week high at 68.0% for the week ending 19 June 2021.
Tags
North America
Benchmarking
Hotels
Recovery
Industry Updates

Video: U.S. performance results for May 2021

24 June 2021
U.S. performance results for May 2021
Tags
North America
Industry Updates
Hotels
Video

Video: U.K. performance results - Green shoots as hotels reopen

24 June 2021
U.K. performance results - Green shoots as hotels reopen
Tags
Europe
Industry Updates
Hotels
Video

Taiwan hotel performance update

21 June 2021
Taiwan is far behind in the recovery process due to a slow vaccination rate and the emergence of new virus variants amid reopening.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

U.S. Market Recovery Monitor - 12 June 2021

17 June 2021
U.S. hotel industry occupancy soared to its highest level since November 2019, reaching 66.0% for the week ending 12 June 2021.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking

Saudi Arabia performance peaks as borders reopen

16 June 2021
Saudi Arabia’s reliance on domestic demand served the market well during its lengthy lockdown, and key markets Riyadh and Jeddah have not suffered from reopening borders, although for different reasons.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data

North Africa hotel performance update

15 June 2021
Hotel performance in the North Africa region is improving, but occupancy levels are well below the 2019 recovery benchmark.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data

Resorts leading recovery in Brazil

14 June 2021
Brazil´s resorts have seen considerable upward movement with leisure demand growing robustly in the country.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

Bogotá hotel performance update: what’s next?

14 June 2021
While COVID-19 vaccination programs continue to inoculate travelers around the world, lockdowns in many regions have yet to fully lift, leading to continued challenges. Bogotá, where a lockdown until June along with protests in Colombia have led to a significant impact on hotel performance.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Central and South America

U.S. Market Recovery Monitor - 5 June 2021

10 June 2021
For the week ending 5 June 2021, U.S. industry occupancy increased ever so slightly to 61.9%, up +0.2 points from the previous week. Room demand increased for a fifth straight week but by its smallest amount of the past four weeks.
Tags
Hotels
North America
Recovery
Benchmarking
Industry Updates

Measuring South America’s ADR recovery

9 June 2021
April produced South America’s first year-over-year increase in ADR since 2019. But absolute levels remain well behind the pre-pandemic comparables. One key market (Lima) is even further behind.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 29 May 2021

4 June 2021
As anticipated, the Memorial Day weekend ushered in the highest occupancy the U.S. industry has seen since the start of the pandemic. For the week ending 29 May 2021, weekly occupancy reached 61.8%, the highest level since the final week of February 2020.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

How will summer holidays impact hotel performance in Spain & Portugal?

3 June 2021
July and August are two of Spain’s and Portugal’s most important hotel performance months. Where do those markets stand ahead of summer and what are the expectations for the coming months?
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Video: India hotel performance and factors that will help shape the upcycle

3 June 2021
India hotel performance and factors that will help shape the upcycle
Tags
Video
Asia Pacific
Industry Updates
Hotels

COVID-19 webinar summary: 5 key points on the Middle East & Africa hotel performance, 26 May

1 June 2021
On 26 May, we analyzed hotel performance in the Middle East & Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Middle East and Africa
Webinar
Benchmarking
Hotels
Industry Updates

U.S. Market Recovery Monitor - 22 May 2021

27 May 2021
The leisure-led demand surge marched forward with U.S. industry occupancy hitting 60.3%, surpassing the 60% level for the first time since early March 2020.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Labor Day Holiday Impact in China

26 May 2021
China’s Labor Day holiday stimulated travel demand and provided a noticeable boost to hotel performance. Thanks to an additional day during the holiday period, the rise in performance pushed levels beyond another recent holiday and even some 2019 comparables.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

Video: U.K. performance results through 16 May and Edinburgh's occupancy on the books

25 May 2021
U.K. performance results through 16 May and Edinburgh's occupancy on the books
Tags
Europe
Industry Updates
Hotels
Video

U.S. Market Recovery Monitor - 15 May 2021

20 May 2021
U.S. hotel demand, occupancy, ADR and RevPAR all reached or were near pandemic-era highs. Further, all four measures hit pandemic highs when looking strictly at the weekend.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Video: U.S. performance results for April 2021

20 May 2021
U.S. performance results for April 2021
Tags
North America
Industry Updates
Hotels
Video

How long will Thailand’s occupancy declines persist?

18 May 2021
Occupancy in Thai markets like Bangkok fell after Songkran. How long will those declines persist? The answer can be found in Forward STAR.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data

Montreal’s forward-looking data not reflecting much optimism at the moment

14 May 2021
Montreal hoteliers had one future bookings spike on their calendar. That disappeared when the Canadian Grand Prix was officially moved. Read more about the market’s struggles amid indefinite lockdown in this latest Forward STAR piece.
Tags
North America
Hotels
Industry Updates
Forward Data

U.S. Market Recovery Monitor - 8 May 2021

13 May 2021
The occupancy doldrums remained in place with U.S. occupancy falling to an eight-week low (56.7%) during 2-8 May 2021. Using STR’s TRI methodology, which considers hotels that are temporarily closed, occupancy dropped to 54.2%.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Ramadan and Eid al-Fitr impact on Middle East hotel occupancy

13 May 2021
The Ramadan and Eid al-Fitr impacts on hotel occupancy look a bit different this year, but the latter may be a bright spot for some markets. An analysis of historical and future data will explain.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
Forward Data

Tourism After Lockdown: Guest Expectations Today and Tomorrow

12 May 2021
Cancellation policies have become much more important in the consumer booking process—30% of respondents in our recent research cited this as a main factor in securing accommodation. Find out more in this latest Tourism After Lockdown piece on guest expectations today and tomorrow.
Tags
Global
Tourism
Industry Updates
Research

Singapore Q1 2021 hotel performance update

11 May 2021
Singapore hotels posted higher Saturday hotel rates in March—at levels not seen since December 2020. Moving forward, we expect ADR to continue a slow climb, as more high-end hotels have stopped taking quarantine guests at low rates and allotment of 100% occupancy.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

U.K. occupancy-ADR correlation

10 May 2021
How does ADR in U.K. markets correlate with specific occupancy ranges? We answer that question from a pre-pandemic perspective to set the stage for the reopening of hospitality in the country. Read more.
Tags
Europe
Hotels
Industry Updates
Historical Data

Window of Opportunity: Analyzing Current Volatility and Consumer Confidence

10 May 2021
When will customers have the confidence to book 12 months in advance? When will events return with notable capacities? In this latest article, we use forward-looking data to analyze two of the major contributing factors to the reduction of booking windows: volatility and consumer confidence.
Tags
Global
Hotels
Industry Updates
Forward Data
Benchmarking

Window of Opportunity: Analyzing Shifts in Booking Trends

10 May 2021
How has the pandemic impacted booking windows? What do hotels need to consider when competing for short-lead transient business?
Tags
Global
Hotels
Industry Updates
Forward Data
Benchmarking

U.S. Market Recovery Monitor - 1 May 2021

6 May 2021
For a third week, U.S. hotel occupancy remained just above 57% and 54% on a TRI basis, which accounts for temporarily closed hotels. Room demand fell slightly with the weekly level staying above 21 million for a seventh consecutive week.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Tourism After Lockdown: Shifting preferences by accommodation types

5 May 2021
Short-term rentals, with their contained amenities and detached spaces, have become more appealing during the pandemic. Find out more in this latest Tourism After Lockdown piece on traveler preferences toward accommodation types.
Tags
Global
Tourism
Industry Updates
Research

COVID-19 webinar summary: 5 key points on Europe hotel performance, 30 April

4 May 2021
On 30 April, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Benchmarking
Hotels
Industry Updates

Songkran brings temporary joy to hotels and travelers

3 May 2021
One of Thailand’s most important celebrations each year, Songkran provided a modest impact on hotel performance during the festive period in 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

U.S. Market Recovery Monitor - 24 April 2021

29 April 2021
Hotel performance growth appears to be on hold when compared with the solid gains seen during the spring break period. In a week-over-week comparison, U.S. hotel occupancy was flat during 18-24 April at 57.3%.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Video: U.K. performance results - March 2021 and occupancy on the books

27 April 2021
U.K. performance results - March 2021 and occupancy on the books
Tags
Europe
Industry Updates
Hotels
Video

Spring break a big splash for Florida hotels

26 April 2021
Spring Break 2021 didn’t just dive in, it made a cannonball-sized splash for Florida hotels and other U.S. destinations.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates

Tourism After Lockdown: Recovery Scenarios

23 April 2021
What is the sentiment among travelers now that more people are vaccinated and a route out of the pandemic is at least visible? 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

Video: U.S. performance results for March 2021

22 April 2021
U.S. performance results for March 2021
Tags
North America
Industry Updates
Hotels
Video

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

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

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

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

U.S. Market Recovery Monitor - 6 March 2021

11 March 2021
A weekly Market Recovery Monitor that will categorize each STR-defined U.S. market based on an indexed comparison with the same time periods in 2019.
Tags
North America
Hotels
Industry Updates
Benchmarking
Recovery

Patience is key on Europe’s road to recovery

8 March 2021
There’s a saying that “before things get better, they’ll get worse.” Unfortunately, Europe is aligning with that philosophy. Hotel performance will get better, but hoteliers are going to need to exercise a lot of patience in the meantime.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forecast

Video: U.K. performance results for January 2021

2 March 2021
U.K. performance results for January 2021
Tags
Europe
Hotels
Industry Updates
Video

Pandemic impact on Africa’s development pipeline

1 March 2021
Africa’s hotel performance has been greatly altered by the pandemic, but development on the continent continues to move forward.
Tags
Middle East and Africa
Hotels
Industry Updates
Supply and Development

Africa hotel performance update

1 March 2021
We previously analyzed the pandemic impact on the hotel development pipeline in Africa. Next, we dig further into the region with a look at performance recovery.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data

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

Latin America regional markets: recovery leaders

23 February 2021
Regional markets in Latin America continue to lead recovery as performance in key cities has lagged. In this article, we analyzed that trend for several key markets to assess where occupancy recovery stood at the end of 2020.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

How are quarantine guests impacting future bookings in the U.K.?

22 February 2021
With hotels contracted to house those quarantined travellers, we look to Forward STAR to determine the impact on future bookings around London’s key airports: Heathrow and Gatwick.
Tags
Europe
Hotels
Industry Updates
Forward Data

Update on Brazil: Leisure vs. Corporate destinations

22 February 2021
Since Brazil started to emerge from COVID-19 isolation, domestic leisure demand has returned at a modest level while international and group demand are unlikely to return in the short-term restrictions remain in place.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on Middle East & Africa hotel performance, 16 February

18 February 2021
On 16 February, we analyzed hotel performance in Middle East & Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Middle East and Africa
Hotels
Industry Updates
Benchmarking

Beach destinations lead New Year’s performance in Latin America

17 February 2021
Latin America’s beach destinations, always popular on the international and domestic tourist trails, have been key to hotel performance recovery even with restrictions on international travel.
Tags
Central and South America
Hotels
Industry Updates
Historical Data

Cyprus room rates soar as occupancy lags in the pandemic world

12 February 2021
For most of 2020, Cyprus hotels performed like the rest of the Mediterranean region—except when it came to average daily rate (ADR).
Tags
Middle East and Africa
Hotels
Industry Updates
Benchmarking
Historical Data

COVID-19 webinar summary: 5 key points on Brazilian hotel performance, 9 February

11 February 2021
On 9 February, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Central and South America
Hotels
Industry Updates
Benchmarking

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

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 2 February

8 February 2021
On 2 February, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Benchmarking
Hotels
Industry Updates

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

Key events lifting U.K. hotel occupancy later in 2021

4 February 2021
For many parts of the world, hotel performance is forecasted for more meaningful improvement during the second half of 2021. That optimism is underpinned by the assumption of widespread vaccination distribution, lower COVID-19 case numbers and improved context for travel and events.
Tags
Europe
Hotels
Industry Updates
Forward Data
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

COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 29 January

3 February 2021
On 29 January, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Industry Updates
Hotels
Benchmarking

France’s occupancy timeline, with a look to the future

29 January 2021
With most of Europe struggling at the end of the year, three of France’s key markets were among the continent’s top occupancy performers in December.
Tags
Europe
Hotels
Industry Updates
Forward Data
Historical Data

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

Maldives hotel performance rebounds during festive period

27 January 2021
For a country whose economy is driven by tourism, a setback was imminent for the Maldives when considering the global pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

Video: U.K. performance results for December 2020 and a quick look at year-end data

22 January 2021
U.K. performance results for December 2020 and a quick look at year-end data
Tags
Europe
Industry Updates
Hotels
Video

COVID-19 webinar summary: 5 key points on Europe hotel performance, 15 January

20 January 2021
On 15 January, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Benchmarking
Hotels
Industry Updates

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

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

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

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

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 1 December

3 December 2020
On 1 December, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Webinar

Tales from Turkey: ADR conundrum in 2020

3 December 2020
Turkey’s hotel average daily rate (ADR) has grown exponentially in recent months despite the global pandemic depressing rates most everywhere else in the world.
Tags
Europe
Industry Updates
Hotels
Historical Data

Go Goa Gone!

3 December 2020
Goa, a market that took some time to initially bounce back, has been building momentum since October with outperforming other leisure markets in the country and demand peaking during the Diwali weekend.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

Asia Pacific recovery depends on domestic travel…or suitable substitutes

30 November 2020
Recovery in the Asia Pacific region demonstrates the importance of domestic travel, as a country’s historic reliance on domestic demand directly impacts its hotel performance today.
Tags
Asia Pacific
Industry Updates
Historical Data
Hotels

Pandemic impact on the Southern Cone's development pipeline

30 November 2020
After analyzing the pandemic impact on the hotel pipeline in Australia and New Zealand, STR jumps regions to look at the COVID-19 impact on hotel development in the Southern Cone (Chile, Uruguay, and Argentina).
Tags
Central and South America
Hotels
Historical Data
Industry Updates

Video: U.K. Performance Results for October 2020 and the Impact of the Second Lockdown

24 November 2020
U.K. Performance Results for October 2020 and the Impact of the Second Lockdown
Tags
Europe
Hotels
Industry Updates
Video
Benchmarking

Video: U.S. Performance Results for October 2020

19 November 2020
U.S. Performance Results for October 2020 and forecast for 2020/2021
Tags
North America
Industry Updates
Hotels
Benchmarking

Where is Colombia in the recovery cycle?

11 November 2020
On 1 September, Colombia lifted one of Latin America's longest COVID-19 lockdowns, scrapping most restrictions after more than five months of quarantines. Now the focus is on how much this lockdown will impact hotel performance into the coming months.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

The Indian Ocean: two-speed road to performance recovery

9 November 2020
The two island countries in the Indian Ocean– the Maldives and Sri Lanka—have witnessed contrasting patterns in hotel performance as a result of the COVID-19 pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data

Performance update on Malaysia, Indonesia and the Philippines

6 November 2020
Popular Southeast Asian destinations have a long way to go in recovery from the global pandemic. For now, Malaysia, Indonesia and the Philippines are showing a similar trend to most of the world with regional markets outperforming the large cities.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

A look back at the summer for U.S. hotels

6 November 2020
The autumn months have not been as kind as the summer for U.S. hotels. With lower performance expected for the coming months, we look back at how leisure travel lifted the U.S. from pandemic lows.
Tags
North America
Industry Updates
Historical Data
Supply and Development
Hotels

Regional destinations ahead in Costa Rica’s recovery

3 November 2020
As Latin American countries begin to emerge from COVID-19 isolation, new trends in hotel performance have emerged, suggesting a clear preference for regional destinations. Costa Rica has been no exception.
Tags
Central and South America
Industry Updates
Historical Data
Hotels

Tourism After Lockdown: How COVID is reshaping attraction experiences

2 November 2020
How has the pandemic affected consumer attitudes toward restaurants and other local attractions? Read the final installment in our “Tourism After Lockdown” research series to find out more.
Tags
Global
Industry Updates
Tourism
Research

Japan regional markets: recovery leaders

27 October 2020
As entry restrictions for international travelers in Japan remain in place, new trends in hotel performance have emerged. Recent data suggests a distinct preference for regional destinations, helped in part by the Japanese government’s “Go to Travel” campaign.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

Pacific countries: From the highs to the lows, where does performance stand now?

27 October 2020
Where exactly do Pacific countries stand now? We look at how performance has changed over the course of the pandemic.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

Staycations lifted U.K. hotel performance during a much different summer. What’s next?

26 October 2020
We look back at the impact of leisure holidays on the U.K. summer and look ahead with data powered by Forward STAR.
Tags
Europe
Industry Updates
Hotels
Forward Data

Video: U.K. Performance Results for September 2020

23 October 2020
U.K. Performance Results for September 2020
Tags
Europe
Video
Industry Updates
Benchmarking

Video: U.S. Performance Results for Q3 2020

23 October 2020
U.S. Performance Results for Q3 2020
Tags
North America
Video
Hotels
Industry Updates
Benchmarking

Video: A deep dive into the U.S. pipeline - September 2020

21 October 2020
Discover insights into the U.S. pipeline, including where certain chain scales, brands and markets stand with this short, 6-minute video.
Tags
North America
Video
Industry Updates
Hotels
Supply and Development

Vietnam's pandemic mitigation efforts stall recovery and impact pipeline development

21 October 2020
Vietnam’s pandemic mitigation efforts have come with slow occupancy recovery and affected what was a development hot spot.
Tags
Asia Pacific
Industry Updates
Hotels
Supply and Development

Has Argentina’s recovery started?

19 October 2020
Argentina had some of Latin America’s lowest occupancy levels (below the 10% mark). How has the country’s longer lockdown affected hotel performance recovery? Find out more here.
Tags
Central and South America
Industry Updates
Hotels
Historical Data

Tourism After Lockdown: Accommodation Preferences

16 October 2020
In the second installment of our Tourism After Lockdown research series, we look into traveler experiences by accommodation type.
Tags
Global
Industry Updates
Tourism
Research

Tourism After Lockdown: Taking the Pulse of Travel

12 October 2020
STR conducted quantitative research via its Traveler Panel to examine attitudes toward travel in this ‘new COVID world’ and to evaluate early experiences among travelers at a time when many economies had reopened and the industry was seeking to capitalize on pent up demand.
Tags
Global
Industry Updates
Tourism
Research

Europe’s recovery from the last recession

9 October 2020
Major economies in Europe, including the U.K. and those in the Eurozone, recently confirmed what we already suspected. Economies across the continent have entered an economic recession because of the impact of COVID-19—an impact that has been devastating for the hospitality industry.
Tags
Europe
Industry Updates
Hotels
Historical Data

Germany, Austria, Switzerland: resilient markets

8 October 2020
Adapting to shifts and fluctuations in demand has always been a key advantage in moving hotel performance forward. Following a pattern similar to markets in other parts of the world—like China—the DACH region has managed to recover its occupancy at a faster pace than most markets in Europe.
Tags
Europe
Industry Updates
Hotels
Historical Data

Where is Brazil in the recovery cycle?

5 October 2020
Brazil, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. However, reopening measures are determined on a state level. How has this affected Brazil’s recovery?
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

Tracking Peru's recovery

1 October 2020
On 16 March, Peru imposed one of the earliest, strictest, and longest lockdowns in Latin America to stop the spread of COVID-19. The county's borders were shut, curfews were imposed, and residents were only permitted to leave their homes for essential goods.
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

A deep dive into Japan’s road to recovery

29 September 2020
While many nations have lifted COVID-19-related limits on travelers, entry restrictions for international travelers in Japan remain in place. However, the Japanese government has launched a “Go to Travel” campaign to promote domestic travel and help boost local businesses.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data

Video: U.S. performance results for week ending September 19

24 September 2020
U.S. performance results for week ending September 19
Tags
North America
Video
Industry Updates
Hotels
Benchmarking

Video: U.K. performance results for September 7 through September 13

17 September 2020
U.K. performance results for September 7 through September 13
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking

Video: U.S. performance results for week ending September 12

17 September 2020
U.S. performance results for week ending September 12
Tags
North America
Video
Industry Updates
Hotels
Benchmarking

Thailand: Where does recovery stand?

17 September 2020
Thailand, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. But while hotel occupancy improves in the market, levels remain well below pre-pandemic levels with full recovery not expected for years.
Tags
Hotels
Industry Updates
Asia Pacific
Historical Data

New Zealand: one of the early success stories of recovery around the world

17 September 2020
Asia Pacific countries have been no exception to the unprecedented performance declines, but some of the region’s nations stand out in the earliest phases of industry recovery. New Zealand is one of them.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Historical Data

COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September

15 September 2020
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Industry Updates
Hotels
Forward Data
Historical Data
Europe

Video: U.K. performance results for August 31 through September 6

10 September 2020
U.K. performance results for August 31 through September 6
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking

Video: U.S. performance results for week ending September 5

10 September 2020
U.S. performance results for week ending September 5
Tags
North America
Video
Industry Updates
Hotels
Benchmarking

How is the “second wave” affecting hotel performance in Belgium?

4 September 2020
Belgium, saw a 23.3% occupancy level for the week ending 23 August after posting a 24.6% occupancy for the week ending 16 August. Now the focus is whether this second-wave impact will extend into the coming months.
Tags
Industry Updates
Hotels
Forward Data
Historical Data
Europe

Video: U.K. performance results for August 24 through August 30

3 September 2020
U.K. performance results for August 24 through August 30
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking

Video: U.S. performance results for week ending August 29

3 September 2020
U.S. performance results for week ending August 29
Tags
North America
Video
Industry Updates
Hotels
Benchmarking

COVID-19 webinar summary: 5 key points on Mexico and Caribbean hotel performance, 27 August

2 September 2020
On 27 August, we analyzed hotel performance in Mexico and the Caribbean amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Industry Updates
Historical Data
North America

Tourism in a COVID-19 world

13 August 2020
As part of STR’s ongoing efforts to support and inform the industry during these challenging times, we decided to speak to travelers directly to understand the underlying reasons that sit behind these trends and forecasts. A key question being: What are the expectations of travelers now?
Tags
Global
Industry Updates
Tourism
Research

COVID-19 webinar summary: 5 key points on European hotel performance, 7 August

11 August 2020
On 7 August, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Industry Updates
Forward Data
Historical Data
Europe

COVID-19 webinar summary: 5 key points on Benelux hotel performance, 30 July

3 August 2020
On 31 July, we analyzed hotel performance in the Benelux amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Historical Data
Forward Data
Industry Updates

COVID-19 webinar summary: 5 key points on Poland, Czech Republic and Hungary hotel performance, 28 July

29 July 2020
On 28 July, we analyzed hotel performance in Poland, Czech Republic and Hungary amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Forward Data
Historical Data
Industry Updates

Video: India hotel performance update

28 July 2020
A look at COVID-19's impact on India's hotel performance.
Tags
Asia Pacific
Video
Benchmarking
Industry Updates
Hotels

COVID-19 webinar summary: 5 key points on U.K. and Ireland hotel performance, 24 July

28 July 2020
On 24 July, we analyzed hotel performance in the U.K. and Ireland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Hotels
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on DACH hotel performance, 21 July

22 July 2020
On 21 July, we analyzed hotel performance in the DACH region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Europe
Historical Data

COVID-19 webinar summary: 5 key points on Pacific hotel performance, 17 July

21 July 2020
On 17 July, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Asia Pacific

A look at pipeline completion times across Europe

20 July 2020
The number of new room openings across Europe has increased consistently over the last decade. Over that span, the industry went from roughly 50,000-60,000 new room openings per year to more than 70,000 in 2018 and 2019.
Tags
Europe
Industry Updates
Hotels
Historical Data

COVID-19 webinar summary: 5 key points on Spain & Portugal hotel performance, 14 July

15 July 2020
On 14 July, we analyzed hotel performance in Spain and Portugal amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Forward Data
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on France hotel performance, 7 July

8 July 2020
On 7 July, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Forward Data
Hotels
Industry Updates
Historical Data
Europe

COVID-19 webinar summary: 5 key points on Europe hotel performance, 2 July

6 July 2020
On 2 July, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Industry Updates
Hotels
Historical Data

Benchmarking can help restructure debt, avoid closures

1 July 2020
During a recent webinar on the impacts of COVID-19 on European hotels, STR Managing Director Robin Rossmann drew on his experience at Deloitte and shared with viewers an important practical application of benchmarking.
Tags
Educational
Industry Updates
Benchmarking
Hotels

COVID-19: Impact on forward hotel bookings in key European markets

1 July 2020
To provide a forward-looking view of the COVID-19 impact on hotel performance, STR utilized data from Forward STAR to analyze business on the books for key European hotel markets.
Tags
Hotels
Forward Data
Industry Updates
Europe

Early effects of COVID-19 on travelers and their motivations

30 June 2020
In this piece, we look at the impact on future travel plans by respondents’ age and motivations for choosing destinations. As in both of our previous pieces, we looked at data collected on either side of 11 March, when the World Health Organisation (WHO) declared COVID-19 a global pandemic.
Tags
Global
Industry Updates
Tourism
Research

COVID-19 webinar summary: 5 key points on Pacific hotel performance, 19 June

19 June 2020
On 19 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Industry Updates
Historical Data
Forward Data

COVID-19 webinar summary: 5 key points on Europe hotel performance, 18 June

19 June 2020
On 18 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Europe
Historical Data
Industry Updates

Video: 8 min weekly update on China hotel performance - 11 June (Chinese)

11 June 2020
8 min weekly update on China hotel performance - 11 June (Chinese)
Tags
Asia Pacific
Industry Updates
Video
Benchmarking

COVID-19 webinar summary: 5 key points on Europe hotel performance, 4 June

4 June 2020
On 4 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Industry Updates
Webinar
Hotels
Benchmarking
Forward Data

COVID-19 webinar summary: 5 key points on Middle East and Africa hotel performance, 3 June

4 June 2020
On 3 June, we analyzed hotel performance in the Middle East and Africa region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Middle East and Africa
Industry Updates
Webinar
Hotels
Benchmarking
Forward Data

COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 28 May

29 May 2020
On 28 May, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Industry Updates
Webinar
Benchmarking
Forward Data

COVID-19 webinar summary: 5 key points on Europe hotel performance, 21 May

22 May 2020
On 21 May, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Europe
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on Belgium hotel performance, 19 May

20 May 2020
On 19 May, we analyzed hotel performance in Belgium amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Historical Data
Industry Updates
Hotels

The influence of COVID-19 on travel plans and accommodation types

19 May 2020
As the COVID-19 pandemic reshapes the world of travel, we investigated the impact on accommodation choices among international travelers.
Tags
Global
Industry Updates
Tourism
Research

COVID-19 webinar summary: 5 key points on Pacific hotel performance, 15 May

18 May 2020
On 15 May, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Forward Data
Historical Data
Industry Updates

COVID-19 webinar summary: 5 key points on Middle East and Africa, 7 May

11 May 2020
On 7 May, we analyzed hotel performance in the Middle East and Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Middle East and Africa

COVID-19 webinar summary: 5 key points on Europe, 7 May

11 May 2020
On 7 May, we analyzed hotel performance in Europe with a focus on Germany, Austria, and Switzerland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Industry Updates
Forward Data
Hotels
Historical Data

COVID-19 Webinar Summary: Five key points on Monthly P&L

8 May 2020
We recently launched Monthly P&L reporting, providing hotel operators an in-depth and timely look at profitability, which is especially valuable during the COVID-19 crisis. Read our summary of key points from the program's introductory webinar.
Tags
Global
Industry Updates
Webinar
Profit and Loss
Hotels

Hurry Up and Wait: Reflections on conducting research in a COVID-19 world

1 May 2020
The travel industry will recover from the impact of COVID-19, but the key questions currently are what we do in the meantime as researchers—and when? Chris Klauda, Senior Director, STR Market Insights, discusses this issue here.
Tags
Research
Tourism
Hotels
Industry Updates

U.S. ADR and RevPAR impact during the last two downturns

1 May 2020
With expectation of U.S. hotel performance declines around the COVID-19 outbreak, we analyzed U.S. ADR and RevPAR declines post-9/11 and post-2008.
Tags
North America
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Latin America, 28 April

29 April 2020
On 28 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Forward Data
Industry Updates
Historical Data

COVID-19 webinar summary: 5 key points on U.K. & Ireland, 24 April

27 April 2020
On 24 April, we analyzed hotel performance in the U.K. & Ireland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Europe

COVID-19 webinar summary: 5 key points on Mediterranean Europe, 23 April

24 April 2020
We provided updates on Spain and Portugal for the first time, as well as an update on Italy on Thursday, 23 April. Read the summary here.
Tags
Europe
Historical Data
Forward Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Latin America, 21 April

22 April 2020
On 21 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Central and South America
Historical Data

How COVID-19 has affected intentions to travel and perceptions in key global markets

21 April 2020
To determine the impact of COVID-19 on intentions to travel and perceptions, we captured the views of travelers across four key English-speaking markets.
Tags
Global
Tourism
Industry Updates

COVID-19 webinar summary: 5 key points on ASEAN, 16 April

17 April 2020
On 16 April, we analyzed hotel performance in the ASEAN region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on U.S. & Canada, 16 April

17 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 16 April U.S. & Canada webinar.
Tags
Hotels
Industry Updates
North America
Forward Data
Historical Data

COVID-19 webinar summary: 5 key points on Europe, 16 April

17 April 2020
We’ve summarised five key points from 16 April's Europe webinar, in which we discussed recovery, business on the books, forecasts and more.
Tags
Europe
Forward Data
Forecast
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Latin America, 14 April

15 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 14 April Latin America webinar.
Tags
Forward Data
Industry Updates
Hotels
Central and South America
Historical Data

COVID-19 webinar summary: 5 key points on U.S. & Canada, 9 April

14 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 9 April U.S. & Canada webinar.
Tags
Hotels
North America
Industry Updates
Forward Data
Historical Data

COVID-19 webinar summary: 5 key points on Japan, 10 April

14 April 2020
How has COVID-19 affected Japan hotel performance? We've analyzed the impact here, including the Tokyo Olympics.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on the Middle East and Africa, 9 April

14 April 2020
We provided an update on Middle East and Africa hotel performance amid the COVID-19 pandemic.
Tags
Middle East and Africa
Historical Data
Forward Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on our Central and South Asia webinar, 9 April

9 April 2020
We analyzed hotel performance in Central and South Asia, with a focus on the Maldives, Sri Lanka and India, and have summarized the webinar's key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Latin America (7 April)

8 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 7 April Latin America webinar.
Tags
Forward Data
Hotels
Industry Updates
Historical Data
Central and South America

COVID-19 webinar summary: 5 key points on our Central and Eastern Europe webinar, 7 April

8 April 2020
The Central and Eastern Europe (CEE) region has been no exception to the global hotel performance declines caused by COVID-19, and we've analyzed the situation in detail here.
Tags
Europe
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on Latin America (31 March)

6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 31 March Latin America webinar.
Tags
Hotels
Central and South America
Historical Data
Industry Updates
Forward Data

COVID-19 webinar summary: 5 key points on France, 3 April

6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 3 April France webinar.
Tags
Europe
Forward Data
Industry Updates
Historical Data
Hotels

COVID-19 webinar summary: 5 key points on our Mexico and Caribbean webinar, 3 April

6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 3 April Mexico and Caribbean webinar.
Tags
North America
Historical Data
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on our Europe forecast webinar, 2 April

3 April 2020
What do 2020 and 2020 look like for hotel and tourism performance? We presented our forecast in partnership with Tourism Economics, and you can find a summary here.
Tags
Europe
Forecast
Hotels
Industry Updates

COVID-19 webinar summary: 5 key points on U.S. & Canada (2 April)

3 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 2 April U.S. and Canada webinar.
Tags
North America
Industry Updates
Hotels
Forward Data
Historical Data

Counting the cost of COVID-19 on tourism

3 April 2020
Amid the COVID-19 outbreak, STR captured the views of travellers to assess their plans for future travel and spend on tourism and recreation. View the full findings here.
Tags
Research
Tourism
Industry Updates

COVID-19 webinar summary: 5 key points on China (1 April)

2 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 1 April China webinar.
Tags
Historical Data
Forward Data
Hotels
Industry Updates
Asia Pacific

COVID-19: India hotel performance impact

1 April 2020
Learn how the impact of COVID-19 intensified for India's hoteliers as March progressed. Read our full analysis here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates