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COVID-19: Hotel Industry Impact
14 January 2021
Like the rest of the world, STR continues to follow the situation around the COVID-19 outbreak. While the health and wellbeing of so many around the world is the primary focus, we also want to do our best to support our partners and answer as many questions as we can around hotel performance.
Tags
Global
Industry Updates
Mexico: A story of steady recovery
7 January 2021
Mexico’s hotel industry has been a rather unique case of linear performance recovery. While most countries have seen fluctuations in the metrics, Mexico has been on a steady ascent leading to a November that produced the country’s highest performance levels of the pandemic.
Tags
North America
Hotels
Industry Updates
Historical Data
A vaccine-dependent Thailand—will domestic demand hold hotel performance steady?
6 January 2021
Thailand’s Prime Minister announced that the country would only open to substantial tourism once a vaccine was approved, produced and implemented. Now being a vaccine-dependent country, Thailand will rely heavily on domestic demand in the meantime. So where does that leave hotel performance?
Tags
Asia Pacific
Hotels
Tourism
Industry Updates
Benchmarking
Historical Data
Countries look to incentives to boost travel and hospitality demand
31 December 2020
With international travel at an all-time low, many governments around the world have attempted to incentivize various forms of tourism to help an industry in desperate need.
Tags
Global
Tourism
Industry Updates
Historical Data
Demand may be moving markets during Australia’s summer season
31 December 2020
Australia has been much more successful than most countries when it comes to COVID-19 case mitigation. As a result, the country has been able to operate with a greater sense of normalcy.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
COVID-19 webinar summary: 5 key points on Brazil hotel performance, 9 December
29 December 2020
On 9 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Benchmarking
Central and South America
Hotels
Canada’s hotel occupancy trend resembles its neighbor to the south
29 December 2020
Canada has been more effective than its neighbor to the south in containing COVID-19 caseloads. At the same time, the country’s hotel occupancy has followed a similar trend line as the U.S.
Tags
North America
Hotels
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 17 December
22 December 2020
On 17 December, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Webinar
Benchmarking
Hotels
Bogota occupancy on the books update
22 December 2020
Bogota’s occupancy levels improved in the months that followed the lifting of Colombia’s lockdown. However, a look ahead courtesy of #ForwardSTAR suggests that momentum is stopping.
Tags
Central and South America
Hotels
Industry Updates
Forward Data
China much closer to recovering ADR than Europe and the U.S.
21 December 2020
In April 2020, as part of the economic damage caused by COVID-19, hotel average daily rate (ADR) in China, Europe, and the United States dropped 40% below pre-pandemic levels. Since that point, rates in all three regions have improved, but hotels in China are much closer to reaching pre-pandemic ADR
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Global
Hotels
Industry Updates
Benchmarking
UPDATED: Six ways benchmarking can support post-pandemic recovery
21 December 2020
Now more than ever, data is crucial. We have compiled a brief manual on six practical ways benchmarking can support your hotel’s revenue recovery.
Tags
Global
Hotels
Benchmarking
Educational
Video: U.S. performance results for November 2020
18 December 2020
U.S. Performance Results for November 2020
Tags
North America
Hotels
Industry Updates
Video
Benchmarking
Webinar Recording: COVID-19 impact on Asia Pacific hotel performance - 17 December
17 December 2020
COVID-19 impact on Asia Pacific hotel performance - 17 December
Tags
Webinar
Asia Pacific
Industry Updates
Benchmarking
Hotels
UAE stands out in the recovery cycle
16 December 2020
Hotel performance in the Middle East has improved consistently in recent months, and the region continues to outperform others around the world. Some Middle Eastern markets are even showing year-over-year growth in the metrics, which is quite an uncommon occurrence these days.
Tags
Historical Data
Hotels
Industry Updates
Middle East and Africa
U.S. demand: state-level recovery lines (12 December 2020 Update)
16 December 2020
Our latest update shows that demand has fallen off far below the levels of normal seasonality.
Tags
North America
Hotels
Benchmarking
Industry Updates
Webinar Recording: COVID-19 impact on Brazil hotel performance - 9 December
11 December 2020
COVID-19 impact on Brazil hotel performance - 9 December
Tags
Central and South America
Hotels
Industry Updates
Benchmarking
Webinar
COVID-19 webinar summary: 5 key points on Total Accommodations Update, 3 December
9 December 2020
On 3 December, we analyzed performance of alternative accommodations amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Global
Total Accommodations
Industry Updates
Historical Data
Hostels
Caribbean Hotel Update: Crisis and Recovery
9 December 2020
Undoubtedly, the Caribbean is a popular destination in the international tourist trail. However, the region has long way to go in recovery from the global pandemic.
Tags
Historical Data
Hotels
Industry Updates
North America
Southern Cone Performance update
8 December 2020
We previously analyzed the pandemic impact on hotel closures and the development pipeline in the Southern Cone. Next, we dig further into the region and look at performance recovery for Chile, Uruguay and Argentina.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Accommodation Experiences in a New COVID-19 World
8 December 2020
Our tourism research team set out to understand current accommodation experiences by surveying travelers who had recently taken overnight trips. Read on to learn what the booking process looks like now and how accommodations are adapting to meet consumers' new needs.
Tags
Global
Research
Tourism
Educational
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