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COVID-19: Hotel Industry Impact
20 January 2021
Like the rest of the world, STR continues to follow the situation around the COVID-19 outbreak. While the health and wellbeing of so many around the world is the primary focus, we also want to do our best to support our partners and answer as many questions as we can around hotel performance.
Tags
Global
Industry Updates
Less traveled states end 2020 not far off from normal seasonal lows
20 January 2021
Less traveled markets in the U.S. are not too far off from normal seasonal lows. How about business and travel-centric markets? Different story.
Tags
North America
Hotels
Benchmarking
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
COVID-19 webinar summary: 5 key points on Total Accommodations Update, 3 December
9 December 2020
On 3 December, we analyzed performance of alternative accommodations amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Global
Total Accommodations
Industry Updates
Historical Data
Hostels
Caribbean Hotel Update: Crisis and Recovery
9 December 2020
Undoubtedly, the Caribbean is a popular destination in the international tourist trail. However, the region has long way to go in recovery from the global pandemic.
Tags
Historical Data
Hotels
Industry Updates
North America
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
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