U.S. hotel profitability reached 28-month high in March

2 May 2022
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since November 2019, according to STR‘s March 2022 P&L data release.

IHIF Preview: U.K., Poland and Ireland lead Europe hotel occupancy recovery

2 May 2022
The U.K., Poland and Ireland are the three European countries to achieve occupancy indexes that are 80% or better of pre-pandemic levels, according to the latest preliminary data from STR that will be presented at the International Hospitality Investment Forum (IHIF).

STR: U.S. hotel results for week ending 23 April

28 April 2022
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 23 April.

STR: Canada hotel rates exceeded 2019 levels in March

26 April 2022
Canada’s monthly hotel rates exceeded 2019 levels for the first time since the pandemic began, according to STR’s March 2022 data.

India hotel occupancy and ADR top pre-pandemic levels in mid-April

22 April 2022
Amid continued recovery from the Omicron wave, India’s hotel industry eclipsed pre-pandemic comparables in occupancy and average daily rate (ADR) for three consecutive days during the second week of April, according to preliminary data from STR.

STR: U.S. hotel results for week ending 16 April

21 April 2022
Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter, according to STR‘s latest data through 16 April.

STR: U.S. hotel performance for March 2022

20 April 2022
Lifted by Spring Break travel, the U.S. hotel industry reported elevated performance with better indexed comparisons against 2019, according to March 2022 data from STR.

STR: U.S. hotel results for week ending 9 April

14 April 2022
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 9 April.

The Americas and Asia Pacific regions show increased hotel pipeline activity

14 April 2022
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR.

Decline continues in U.S. hotel construction, but planning activity is up

13 April 2022
While a steady hotel construction decline continues nationally, volume in New York City and Nashville represents a significant percentage of those markets’ existing supply. Additionally, planning activity continues to rise nationally with markets like Miami, Phoenix and San Francisco showing increased interest from developers, according to STR.

STR: Berlin hotel performance improved in March

12 April 2022
Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR.

STR: Expo 2020 drove Dubai hotel occupancy above 90% for the first time since 2007

12 April 2022
Driven by the final weeks of Expo 2020, Dubai’s hotel industry reported its first month of 90% or better occupancy since 2007, according to preliminary March 2022 data from STR.