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

3 December 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

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

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

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

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

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

The role of total revenue management in a hotel profitability strategy

28 August 2024
The global hotel industry is firmly positioned in an era of normalized growth levels. That means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.
Tags
Global
Hotels
Educational
Industry Basics
Profit and Loss

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