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Data Insights Blog

Blog archive

Blog region

Accommodation Experiences in a New COVID-19 World

8 December 2020
Our tourism research team set out to understand current accommodation experiences by surveying travelers who had recently taken overnight trips. Read on to learn what the booking process looks like now and how accommodations are adapting to meet consumers' new needs.
Tags
Global
Research
Tourism
Educational

How did crises of the last two decades impact APAC hotel profitability?

7 December 2020
While COVID-19 has presented unprecedented challenges for the global hotel industry, looking back at past situations shows the industry’s ability to recover. STR’s research revolved around seven major countries in the region: Australia, China, Indonesia, Japan, Malaysia, Singapore and Thailand.
Tags
Asia Pacific
Profit and Loss
Hotels
Educational

Evolution in benchmarking: Composite Comp Sets

19 October 2020
In October 2020, STR launched the Composite Comp Set, an evolution of competitive set benchmarking that will provide hotel industry stakeholders more flexibility and control in an ever-evolving global marketplace.
Tags
Global
Educational
Benchmarking
Hotels

Key factors to recover business demand

15 October 2020
Read about the key factors in recovering business demand and how the hotel sector influences elements of this recovery.
Tags
Europe
Educational
Hotels
Historical Data

Managing admin & general expenses to mitigate revenue losses

14 October 2020
Admin & general expenses are just one area hoteliers can manage to mitigate profit losses in the current operating environment.
Tags
Global
Educational
Hotels
Profit and Loss

A tale of two occupancies: Total Room Inventory vs. STR Standard

3 August 2020
Occupancy has long been one of the key hotel performance metrics measured by STR. However, even this traditional metric has not escaped the impacts of COVID-19.
Tags
Global
Educational
Hotels
Benchmarking

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

How to analyze your P&L statement

26 May 2020
How can you analyze your P&L statement to better understand your profitability data? We discuss the components of a P&L statement, plus some tips and pitfalls you might experience along the way.
Tags
Global
Educational
Hotels
Profit and Loss

What is LPAR?

22 May 2020
LPAR, or Labor per Available Room, is a helpful benchmarking metric for striking the right balance between profitability and workforce needs.
Tags
Global
Educational
Hotels
Profit and Loss

Your guide to Profit and Loss (P&L) Terminology

18 May 2020
Understanding profit and loss terminology is key to successfully analyzing your P&L statements and getting a handle on your property’s performance. Equally important is the use of standardized terminology.
Tags
Global
Educational
Hotels
Profit and Loss

An introduction to Custom Forecasts and their power in making hotel market projections

21 April 2020
We’ve compiled a high-level overview of how Custom Forecasts can benefit you, including a new addition for those already familiar with the product.
Tags
Global
Hotels
Forecast
Educational

What is GOPPAR? How can it benefit your hotel?

9 March 2020
Learn how measuring GOPPAR can provide a better picture of your hotel’s financial health, how to calculate it and more here.
Tags
Global
Educational
Hotels
Profit and Loss

Building a Comp Set – Best Practices

19 February 2020
Without a comp set you’re left guessing as to where you can improve the performance of your property or portfolio, learn the best practices for building yours here.
Tags
Benchmarking
Hotels
Educational
Global

Hotel Operating Expenses Checklist

6 February 2020
Download STR's Hotel Operating Expenses Checklist here and learn about the importance of completing this in your P&L data submission.
Tags
Profit and Loss
Hotels
Educational
Global

The importance of measuring performance over different time aggregations – a Berlin hostel Study

21 January 2020
Analyzing data over different time aggregations provides a broader picture of how your property is performing. We've used Berlin as a case study to explain the benefits here.
Tags
Historical Data
Hostels
Educational

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

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

What is TRevPAR and why is it important?

7 January 2020
Learn how benchmarking TRevPAR can benefit your business.
Tags
Profit and Loss
Hotels
Educational
Global

How revenue managers should spend their time with STR data

20 November 2019
Learn how to allocate your time during different stages of the revenue management lifecycle and understand how to effectively spend your time with STR data.
Tags
Profit and Loss
Hotels
Educational
Global

Hotel P&L Example

18 November 2019
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Tags
Profit and Loss
Hotels
Educational
Global

What is RevPAR?

29 August 2019
Get to know revenue per available room and understand the importance of this industry jargon in measuring your hotel's success.
Tags
Benchmarking
Hotels
Educational
Global
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