STR: Abu Dhabi and Dubai hotels exceeded 2019 Eid al-Fitr performance

18 May 2022
The Abu Dhabi and Dubai hotel industries recorded occupancy and average daily rate (ADR) that exceeded the 2019 Eid al-Fitr comparables, according to preliminary data from STR.

STR: U.S. hotel results for week ending 7 May

13 May 2022
U.S. hotel occupancy declined from the previous week, while average daily rate (ADR) increased slightly, according to STR‘s latest data through 7 May.

Baird/STR Hotel Stock Index rose 0.7% in April

9 May 2022
The Baird/STR Hotel Stock Index rose 0.7% in April to a level of 5,925. Year to date through the first four months of 2022, the stock index increased 3.1%.

STR: Australian Grand Prix drove Melbourne hotel rates to record high in April

9 May 2022
Lifted by the Australian Grand Prix, Melbourne’s hotel industry reported its highest monthly room rates on record, according to preliminary April 2022 data from STR.

STR: London hotels saw highest occupancy of the pandemic-era in April

9 May 2022
London’s hotel industry reported its highest monthly occupancy level since February 2020, according to preliminary April 2022 data from STR.

STR: U.S. hotel results for week ending 30 April

5 May 2022
U.S. hotel occupancy improved from the previous week, while average daily rate (ADR) decreased slightly, according to STR‘s latest data through 30 April.

Paris hotels reached 2019 profitability level in March

4 May 2022
Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable, according to STR’s March 2022 P&L data release.

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.