Sydney WorldPride 2023 pushed hotel performance to pre-pandemic levels

15 March 2023
Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR. 

STR: Riyadh hotels post highest February occupancy since 2008

14 March 2023
Riyadh’s hotel occupancy was its highest for a February since 2008, according to preliminary data from STR.

STR: Madrid hotel industry reported higher performance in February

14 March 2023
Aligned with historical trends for the market, Madrid’s hotel industry reported higher performance from the month prior, according to preliminary February 2023 data from STR.  

STR: U.S. hotel results for week ending 4 March

9 March 2023
U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 March.

STR: U.S. hotel results for week ending 25 February

2 March 2023
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 25 February.

Tokyo’s hotel room rates pacing ahead of pre-pandemic levels

28 February 2023
The reopening of Japan’s international border several months ago, along with the National Travel Support campaign, have helped boost Tokyo’s hotel average daily rate (ADR) beyond pre-pandemic comparables for two straight months.

STR: Canada hotel performance surpassed pre-pandemic levels in January

23 February 2023
Canada’s hotel performance fell slightly from the previous month but surpassed the 2019 comparables, according to STR’s January 2023 data.

STR: U.S. hotel results for week ending 18 February

23 February 2023
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 February.

STR: U.S. hotel performance for January 2023

17 February 2023
Following seasonal patterns, the U.S. hotel industry reported lower performance from the month prior, according to January 2023 data from STR.

STR: U.S. hotel results for week ending 11 February

16 February 2023
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 February.

New STR survey reveals top hospitality industry challenges and strengths

16 February 2023
Labor-related issues and energy/utility costs are among the top challenges on the mind of global hotel and travel industry professionals, while leisure demand and increased guest spending are seen as the biggest strengths, according to a new survey from STR.

Baird/STR Hotel Stock Index jumped 16.4% in January

15 February 2023
The Baird/STR Hotel Stock Index jumped 16.4% in January to a level of 5,685.