STR, TE lift U.S. ADR and RevPAR forecast; profit growth to be limited

5 June 2023
STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. 

STR: U.S. hotel results for week ending 27 May

1 June 2023
As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 27 May. Year-over-year comparisons were improved.

STR: Canada hotel RevPAR above $100 for three consecutive months

25 May 2023
Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR’s April 2023 data.

STR: U.S. hotel results for week ending 20 May

25 May 2023
U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR‘s latest data through 20 May.

STR: U.S. hotel performance for April 2023

19 May 2023
U.S. hotel performance for April 2023 produced mix year-over-year comparisons, according to STR.

STR: U.S. hotel results for week ending 13 May

18 May 2023
U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR‘s latest data through 13 May.

Baird/STR Hotel Stock Index increased 1.4% in April

15 May 2023
The Baird/STR Hotel Stock Index increased 1.4% in April to a level of 5,430.

STR: Amsterdam hotel ADR and RevPAR reached record-highs in April

15 May 2023
Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR.

STR: Dubai April hotel occupancy peaked during Eid al-Fitr

15 May 2023
Dubai’s hotel industry saw its saw highest April 2023 occupancy levels during the Eid-al Fitr holiday period, according to preliminary data from STR.

STR: Jakarta hotels post highest room rates since 2018

15 May 2023
Jakarta’s hotel industry posted its highest monthly average daily rate (ADR) since August 2018, according to preliminary April 2023 data from STR.

STR: U.S. hotel results for week ending 6 May

11 May 2023
U.S. hotel performance showed mixed results from the previous week but grew year over year, according to STR‘s latest data through 6 May.

STR: U.S. hotel results for week ending 29 April

4 May 2023
U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR‘s latest data through 29 April.