RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

20 November 2024
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
Tags
Hotels
Industry Updates
Global
Historical Data

U.S. election impact on global travel and hotel performance

18 Oktober 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
Tags
Global
Industry Updates
Historical Data
Forward Data

Euro hosts stand out as 64% of global hotel markets outperformed 2023

30 Juli 2024
From the end of June through the first three weeks of July, most global hotel markets steadily displayed year-over-year performance increases. Markets in Germany were standouts thanks to the 2024 UEFA European Football Championship.
Tags
Hotels
Industry Updates
Global
Historical Data

Regional update: 2023 data and the year ahead

8 März 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Tags
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 Januar 2024
In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. Markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.
Tags
Historical Data
Industry Updates
North America
Hotels

Asian countries lead in absolute RevPAR, while South America highlights recovery

27 November 2023
A new edition of STR's global "bubble" charts shows more momentum in Asia and South America. Sporting events continue to contribute growth in markets across the world.
Tags
Hotels
Industry Updates
Historical Data

Hotel performance standouts during Beyonce’s world tour

24 Oktober 2023
Beyoncé claimed the throne with the highest-grossing tour by a solo female artist. How did that translate to hotel performance? Let's just say some of the metrics were "heated" in some stops, but the impact was more “unique” by market. Learn which stops on the RENAISSANCE World Tour stood out.
Tags
Global
Events
Historical Data
Industry Updates
North America
Hotels

Spain hotels positioned for strong summer season

3 Juli 2023
Spain's key leisure markets, Andalusia, the Balearic Islands and the Canary Islands, are on track to see a highly successful summer. Barcelona is also anticipating a strong season with occupancy on the books spiking at 83%.
Tags
Europe
Historical Data
Forward Data
Industry Updates

Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019

29 Juni 2023
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
Tags
Global
Historical Data
Industry Updates

Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance

19 Juni 2023
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
Tags
Forward Data
Historical Data
Europe

U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”

9 Juni 2023
We “said remember this moment” – because whether looking at actualized hotel data from recent weeks, or booking data for later this summer, Taylor Swift’s “The Eras Tour” is making an impact across the country.
Tags
North America
Events
Historical Data
Hotels
Industry Updates

Global hotel occupancy rising ahead of summer in the Northern Hemisphere

30 Mai 2023
A new edition of STR's global "bubble" charts shows more substantial occupancy growth, despite increasing rooms rates, as the industry sees a more balanced recovery around the world.
Tags
Industry Updates
Global
Historical Data

NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard

25 Mai 2023
U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks.
Tags
North America
Industry Updates
Historical Data

Asia Pacific hotel performance continues to recover; ADR still pushing gains around the world while occupancy continues to lag

28 April 2023
A new edition of STR’s global “bubble” charts shows ADR-driven RevPAR growth continuing globally, and while a handful of countries post occupancy gains, many are still experiencing occupancy levels behind 2019 comparables.
Tags
Industry Updates
Global
Historical Data

Seasonal momentum shifting in U.S. hotel performance

21 April 2023
The top hotel markets in this STR U.S. bubble chart update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates.
Tags
North America
Industry Updates
Historical Data

Hotels in Southeast Asia seeing the return of MICE business and major leisure events

10 April 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Tags
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data

More than half of the global markets post RevPAR growth of more than 20% versus 2019

29 März 2023
A new edition of STR’s global “bubble” charts shows pent-up demand pushing more progress in the Asia Pacific region as well as substantial RevPAR growth for many global markets.
Tags
Global
Industry Updates
Historical Data

Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period

27 März 2023
The overall distribution of demand continues to shift back to larger urban destinations, the major markets continue to close the deficit to pre-pandemic levels, and leisure-oriented markets remain firmly rooted near the top of the national leaderboard.
Tags
Industry Updates
North America
Historical Data

Global hotel industry starts 2023 strong as more than 60% of properties recovered RevPAR versus 2019

27 Februar 2023
A new edition of STR’s global bubble charts show a strong start to 2023 with markets recovering RevPAR across each region as well as more progress in China.
Tags
Global
Industry Updates
Historical Data

Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains

23 Februar 2023
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 when adjusting for inflation.
Tags
Industry Updates
Historical Data
North America

Sun is still shining on Australia’s hotel industry

10 Februar 2023
Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country.
Tags
Industry Updates
Asia Pacific
Historical Data

U.S. Hotels - 2022 Commentary

3 Februar 2023
After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation.
Tags
North America
Industry Updates
Profit and Loss
Historical Data

Almost half of global hotel markets recovered RevPAR with challenges of 2023 ahead

26 Januar 2023
STR’s bubble chart update shows plenty of momentum heading into the headwinds of 2023 as almost half of global markets reached full recovery of revenue per available room (RevPAR) in 2022.
Tags
Industry Updates
Global
Historical Data

U.S. Hotels - October 2022 Commentary

5 Dezember 2022
In October, the demand index declined month over month, with contribution from most days of the week.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Hotel performance strengthens further for most countries outside of Asia

29 November 2022
A new edition of STR’s global bubble charts show strong performance across the world with most countries outside of Asia recording growth in RevPAR.
Tags
Asia Pacific
Hotels
Benchmarking
Historical Data

U.S. Top 25 Markets still behind 2019 occupancy even with continued return of groups

22 November 2022
U.S. hotel occupancy leaders and laggards in this mid-November 2022 “bubble” chart update reflect anticipated seasonal shifts, the continued return of corporate and group demand in large-to-medium sized markets, and a persistent impact from Hurricane Ian.
Tags
North America
Industry Updates
Historical Data

Ireland’s hotel industry is well-positioned heading into 2023

11 November 2022
Ireland's hotel industry proved resilient this year with strong performance recovery, and evidence shows that strength will continue into 2023, albeit with economic headwinds in our summary report for Fáilte Ireland.
Tags
Europe
Forward Data
Historical Data
Industry Updates
Tourism
Research

Most global hotel markets maintain recovery pace; Singapore joins recovery leaders

8 November 2022
A new edition of STR’s global bubble charts shows more recovery progress overall as well as Singapore becoming the first Asian country in 2022 to rank among the top countries in revenue per available room (RevPAR)
Tags
Global
Hotels
Historical Data

U.S. Hotels - September 2022 Commentary

4 November 2022
In September, U.S. monthly demand exceeded the pre-pandemic comparable for the second time in the pandemic-era but first time this year.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Global hotel demand recovery reached a pandemic-era high in September

28 Oktober 2022
Recovery in global hotel demand reached a pandemic-era high in September. More global insights with a look at the demand and ADR indices.
Tags
Global
Hotels
Industry Updates
Historical Data

NYC extends lead among the major markets, autumn destinations have been popular as well

25 Oktober 2022
Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large U.S. markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane.
Tags
North America
Industry Updates
Historical Data

Most global markets maintain recovery pace, Asia Pacific starting to come back

7 Oktober 2022
A new edition of STR’s global bubble charts shows continued recovery around much of the world, with Asia Pacific set to end pandemic measures except China’s maintaining zero covid policy.
Tags
Global
Hotels
Historical Data

U.S. Hotels - August 2022 Commentary

6 Oktober 2022
August marked the second consecutive month-over-month occupancy decline. ADR declined MoM to $151.49 but was still 14% higher than August 2019 in nominal terms. Real ADR was about 1% below the pre-pandemic comparable.
Tags
North America
Industry Updates
Historical Data
Profit and Loss

Dublin hotel performance soared during Garth Brooks tour, late bookings were part of the success

5 Oktober 2022
Actualized data from Garth Brooks’ tour dates in Dublin backed up previous analysis of forward-looking data. Performance popped, and shorter booking windows were part of the equation.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Labor Day strength pushes NYC into Top 25 RevPAR lead, leisure markets dominated everywhere else

23 September 2022
For the four weeks ending 10 September, there was an expected seasonal softening from the mid-summer travel peak. Only six of the 165 STR-defined U.S. markets saw month-over-month RevPAR increases for the period.
Tags
North America
Industry Updates
Historical Data

Market Recovery Monitor - 17 September 2022

23 September 2022
Groups and business travel provided a post-Labor Day boost in the U.S. with Monday-Wednesday occupancy reaching 69.9% nationally and 75.5% in the Top 25 Markets. The latter was the second highest level of the pandemic-era.
Tags
Global
Industry Updates
Historical Data

More global markets above pre-pandemic occupancy levels, highest RevPAR in Mediterranean-facing countries

12 September 2022
A new edition of STR’s global bubble charts shows stronger recovery around much of the world, with the highest overall levels in the Mediterranean.
Tags
Global
Hotels
Industry Updates
Historical Data

U.S. Hotels – July 2022 Commentary

7 September 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Tags
North America
Hotels
Industry Updates
Historical Data

Europe’s historical and forward-looking hotel data shows music event boost

15 August 2022
This piece shows strong alignment between occupancy on the books (Forward STAR) and actualized levels as well as the overall boost that Europe hotels are receiving from the likes of Bruce Springsteen, Ed Sheeran, Elton John, and Westlife.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data

U.S. Hotels – June 2022 Commentary

2 August 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Tags
North America
Hotels
Industry Updates
Historical Data