Profitability in Asia Pacific hotel markets well below pre-pandemic levels

2 November 2021
The hotel industries in seven key Asia Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40% of the 2019 comparable, according to STR‘s September 2021 monthly P&L data release.

Labor costs brought U.S. hotel profitability down further in September

1 November 2021
Increased spending on labor created lower gross operating profit for U.S. hotels, according to STR‘s September 2021 monthly P&L data release.

STR: Chile hotel occupancy nearing pre-pandemic levels

29 October 2021
Chile’s hotel occupancy reached 90% of the 2019 comparable, according to September 2021 data from STR.

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

28 October 2021
U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR‘s latest data through 23 October.

STR: Canada hotel performance declined in September

26 October 2021
Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s September 2021 data.

STR: Brazil hotel ADR higher than 2019 levels

26 October 2021
Brazil’s hotel industry has surpassed its 2019 comparables in average daily rate (ADR) for two of the last three months, according to September 2021 data from STR.

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

21 October 2021
U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR‘s latest data through 16 October.

STR: U.S. hotel performance for September 2021

19 October 2021
The U.S. hotel industry reported lower performance from the month prior, according to September 2021 data from STR.

Europe and Asia Pacific show increased hotel pipeline activity

18 October 2021
Two of the four world regions, Europe and Asia Pacific, showed an increase in hotel pipeline activity at the end of the third quarter, according to September 2021 data from STR.

U.S. hotel construction down 48,000 rooms from peak

15 October 2021
The number of U.S. hotel rooms in construction is down roughly 48,000 from the country’s all-time high in April 2020 (220,207 rooms), according to September 2021 pipeline data from STR.

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

14 October 2021
Lifted by the long Columbus Day weekend, U.S. hotel performance rose to a level similar to late-summer, according to STR‘s latest data through 9 October.

Baird/STR Hotel Stock Index rose 5.2% in September

12 October 2021
The Baird/STR Hotel Stock Index rose 5.2% in September to a level of 5,167. Year to date through the first nine months of 2021, the stock index was up 13.0%.