Press Releases

The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 24-30 November 2019, according to data from STR.

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 24-30 November 2019, according to data from STR.

Hotel average daily rate (ADR) in the Miami/Hialeah market is projected to reach a record level for a Super Bowl weekend, according to a custom forecast from STR’s Consulting & Analytics office.

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 17-23 November 2019, according to data from STR.

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 17-23 November 2019, according to data from STR.

The U.S. hotel industry reported negative results in the three key performance metrics during October 2019, according to data from STR.

STR’s SHARE Center crowned a graduate team from the University of North Texas and an undergraduate team from Michigan State University as the winners of the fifth STR Student Market Study Competition held earlier this month in New York.

Growth projections for U.S. hotel revenue per available room (RevPAR) have been downgraded to less than 1.0% for 2019 and 2020, according to STR and Tourism Economics’ final forecast revision of this year.

STR’s hotel pipeline data for the Caribbean/Mexico region showed 151 projects accounting for 30,809 rooms in construction as of October 2019. This represented a 16.8% year-over-year jump in the number of rooms in the final phase of the development pipeline.

STR’s hotel pipeline data for the U.S. showed 1,563 projects accounting for 205,299 rooms in construction as of October 2019. This represented a 5.5% year-over-year increase in the number of rooms in the final phase of the development pipeline.

The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 3-9 November 2019, according to data from STR.

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 3-9 November 2019, according to data from STR.