U.S. hotel profit improved to 60% of 2019 level, labor remains stagnant

27 May 2021
Gross operating profit for U.S. hotels reached 60% of the comparable 2019 level, according to STR‘s April 2021 monthly P&L data release. While GOP in comparison with 2019 improved from 50% in March, labor spending was up to just 64% in April after coming in at 60% the previous month.

STR: U.S. hotel results for week ending 22 May

27 May 2021
U.S. weekly hotel occupancy reached the 60% mark for the first time since the start of the pandemic, according to STR‘s latest data through 22 May.

STR: Canada hotel performance for April 2021

25 May 2021
Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s April 2021 data.

Restrictions push Lima’s hotel occupancy down after reaching 6-month high

24 May 2021
Recent COVID-19 restrictions pushed Lima’s hotel occupancy down after the market had reached a six-month high in April, according to data from STR.

Middle East’s Ramadan hotel occupancy approached 2019 level

24 May 2021
The Middle East reported Ramadan hotel occupancy levels that were improved from last year and only slightly below the 2019 comparable, according to the latest data from STR.

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

20 May 2021
U.S. weekly hotel occupancy reached its second-highest level since the start of the pandemic, according to STR‘s latest data through 15 May.

STR: U.S. hotel performance for April 2021

19 May 2021
The U.S. hotel industry recorded its highest monthly performance levels since the beginning of the pandemic, according to April 2021 data from STR.

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

13 May 2021
Due to more supply in the marketplace, U.S. hotel occupancy fell slightly from the previous week, according to STR‘s latest data through 8 May.

STR: Preliminary London hotel data for April

12 May 2021
STR’s preliminary April 2021 data for London hotels shows slightly better performance compared with recent months, albeit at overall low levels.

STR: Preliminary Dubai hotel data for April

12 May 2021
Dubai’s hotel industry reported its highest room rates in three months, according to preliminary April 2021 data from STR.

STR: Preliminary April data for Sydney hotels

12 May 2021
Sydney’s hotel industry reported its highest occupancy and revenue per available room (RevPAR) in 14 months, according to preliminary April 2021 data from STR.

STR, TE upgrade latest U.S. hotel forecast

11 May 2021
Underpinned by stronger-than-expected demand during Q1, STR and Tourism Economics upgraded the latest U.S. hotel forecast just released at the Hunter Hotel Investment Conference.