STR: Canada hotel RevPAR 54% recovered in 2021

26 January 2022
Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) that was just 54.1% of the pre-pandemic comparable, according to STR’s year-end data.

STR: Middle East hotel RevPAR recovery highest among global regions

26 January 2022
The Middle East hotel industry reported revenue per available room (RevPAR) that was 85.6% of the pre-pandemic comparable, the highest among the global regions, according to year-end 2021 data from STR.

STR, TE slightly upgrade latest U.S. hotel forecast

24 January 2022
Underpinned by continued strengthening in average daily rate (ADR), STR and Tourism Economics have slightly upgraded the U.S. hotel forecast, just released at the Americas Lodging Investment Summit (ALIS).

STR: U.S. hotel results for week ending 15 January

20 January 2022
U.S. weekly hotel occupancy worsened in comparison with pre-pandemic levels, according to STR‘s latest data through 15 January.

STR: U.S. hotel RevPAR recovered 83% in 2021

20 January 2022
With improved performance as 2021 progressed, the U.S. hotel industry reported total-year revenue per available room (RevPAR) that was 83.2% of the pre-pandemic comparable, according to the latest data from STR.

STR: U.S. hotel performance for December 2021

20 January 2022
The U.S. hotel industry posted solid performance in comparison with pre-pandemic levels, according to December 2021 data from STR.

Hotel construction down around the world, except in Asia Pacific region

17 January 2022
Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR.

U.S. hotel construction ends year down 61,000 rooms from peak

14 January 2022
The number of U.S. hotel rooms in construction is down roughly 61,000 from the country’s all-time high achieved in early 2020, according to December 2021 pipeline data from STR.

STR: U.S. hotel results for week ending 8 January

13 January 2022
Reflecting post-holiday seasonality, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 8 January.

Los Angeles hotel rates forecasted at $445, second highest for a Super Bowl weekend

12 January 2022
Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels for any Super Bowl weekend on record, according to STR’s forecasting team.

STR: London hotel occupancy fell in December amid latest COVID concerns

11 January 2022
Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR.

STR: Dubai hotel rates reached six-year high in December

11 January 2022
Lifted by Expo 2020 and the holiday season, Dubai’s hotel industry reported its highest monthly room rates since 2015, according to preliminary December 2021 data from STR.