STR: Miami hotels shatter Super Bowl Weekend records for ADR, RevPAR

14 February 2020
Miami hotel performance exceeded projections and reached record levels in both average daily rate (ADR) and revenue per available room (RevPAR) during Super Bowl LIV weekend, according to an analysis by STR’s Consulting & Analytics office.

STR: Barcelona hotel bookings drop after Mobile World Congress cancellation

14 February 2020
Business on the books has dropped roughly 25% in select Barcelona hotels since the announced cancellation of the Mobile World Congress, according to preliminary data from Forward STAR, STR’s future demand benchmarking solution.

STR: Asia Pacific hotel construction up 14.1% in January

14 February 2020
STR’s hotel pipeline data for the Asia Pacific region showed 2,021 projects accounting for 441,819 rooms in construction as of the end of January 2020. This represented a 14.1% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Canada hotel results for week ending 8 February

13 February 2020
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 2-8 February 2020, according to data from STR.

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

13 February 2020
The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 2-8 February 2020, according to data from STR.

STR: U.S. hotel construction up 6.8% in January

13 February 2020
STR’s hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Middle East and Africa hotel construction down in January

13 February 2020
STR’s January 2020 hotel pipeline data showed 419 projects accounting for 117,328 rooms in construction in the Middle East and 146 projects and 26,940 rooms in construction in Africa.

STR: Europe hotel construction up 29.4% in January

13 February 2020
STR’s hotel pipeline data for Europe showed 1,654 projects accounting for 210,075 rooms in construction as of the end of January 2020. This represented a 29.4% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Preliminary January data for London hotels

12 February 2020
STR’s preliminary January 2020 data for hotels in London indicates lower occupancy but higher rates.

STR: Preliminary January data for Jeddah hotels

12 February 2020
STR’s preliminary January 2020 data for hotels in Jeddah indicates significant growth in demand and occupancy.

STR: Preliminary January data for Sydney hotels

12 February 2020
STR’s preliminary January 2020 data for hotels in Sydney, Australia, indicates lower performance.

Baird/STR Hotel Stock Index dropped 7.7% in January

7 February 2020
The Baird/STR Hotel Stock Index dropped 7.7% in January to 4,863.