STR: Abu Dhabi’s hotel performance remained steady in January

14 February 2023
Abu Dhabi’s hotel occupancy remained roughly 5 percentage points lower than pre-pandemic levels, while average daily rate (ADR) and revenue per available room (RevPAR) far exceeded recent comparables for the month, according to preliminary January 2023 data from STR.

STR: Amsterdam hotels showed typical seasonal slowing in January

14 February 2023
In its first January without restrictions since 2020, Amsterdam hotel performance showed a typical season slowing from the months prior, according to preliminary data from STR.

STR: Bangkok hotels posted second-highest ADR on record in January

14 February 2023
Bangkok’s hotel industry reported the second-highest monthly average daily rate (ADR) on record in the market, according to preliminary January 2023 data from STR.

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

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

Phoenix forecasted for second-highest hotel RevPAR in Super Bowl history

9 February 2023
Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for February 10-12, which would be the second-highest level for a Super Bowl weekend, according to STR.

U.S. hotel revenues, profits and labor costs reached record-highs in 2022

8 February 2023
Total U.S. hotel revenues, profits and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis.

Miami and Qatar markets led the world in hotel profit recovery in 2022

8 February 2023
Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data.

STR: U.S. hotel results for week ending 28 January

2 February 2023
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 28 January.

U.S. hotel results for week ending 21 January

26 January 2023
With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through 21 January.

STR: Most global regions showed full RevPAR recovery in 2022

25 January 2023
Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR.

STR: Canada hotels achieved record-high ADR and RevPAR in 2022

24 January 2023
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR’s 2022 data.  

STR, TE make modest upgrade to first U.S. hotel forecast of 2023

23 January 2023
STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast just released at the Americas Lodging Investment Summit (ALIS). Additionally, a subsequent downward adjustment was made for 2024.