STR: U.S. hotel results for week ending 13 November

18 November 2021
U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through 13 November.

Nashville is STR’s first U.S. Forward STAR market

17 November 2021
Nashville is the first active U.S. market for STR‘s Forward STAR, which allows hotels to benchmark future occupancy on the books against the marketplace.

STR: Expo lifted Dubai hotel rates to three-year high in October

12 November 2021
Lifted by the opening of Expo 2020, Dubai’s hotel industry reported its highest monthly room rates since 2018, according to preliminary October 2021 data from STR.

STR: London hotel performance reached pandemic-era highs in October

12 November 2021
London’s hotel industry reported its highest performance levels of the pandemic-era, according to preliminary October 2021 data from STR.

STR: U.S. hotel results for week ending 6 November

11 November 2021
U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through 6 November.

Forecast: U.S. hotel demand and ADR will near full recovery in 2022

8 November 2021
U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according to the upgraded forecast just released by STR and Tourism Economics at the 43rd Annual NYU International Hospitality Industry Investment Conference. Additionally, revenue per available room (RevPAR) on a nominal basis is projected to be fully recovered in 2023.

Baird/STR Hotel Stock Index jumped 6.8% in October

8 November 2021
The Baird/STR Hotel Stock Index jumped 6.8% in October to a level of 5,520. Year to date through the first 10 months of 2021, the stock index was up 20.7%.

STR: Australia’s hotels regaining occupancy with restrictions eased

5 November 2021
With lengthy lockdowns ending and travel restrictions easing, Australia’s hotel industry has seen recent improvement in hotel occupancy levels, according to preliminary data from STR through 31 October.

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

4 November 2021
As anticipated ahead of Halloween, U.S. hotel performance fell week over week, according to STR‘s latest data through 30 October.

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.