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Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More
22 November 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
Tags
Industry Updates
Global
Hotels
Tourism
Industry Basics
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
77% of global markets grew RevPAR against last year, Japan generating more momentum
23 Oktober 2024
Better than three out of four global markets grew RevPAR over the past four weeks. Tokyo joined the list of top growth markets as Japan continues to attract more international demand with favorable exchange rates.
Tags
Hotels
Global
Industry Updates
Hotel forecasting: why it is important to your business
2 Oktober 2024
Hotel forecasting plays a vital role in strategic decision-making, shaping both the short and long-term success of a property or portfolio. By understanding the key components and dynamics of accurate forecasting, hoteliers can implement more effective strategies.
Tags
Hotels
Forward Data
Industry Basics
Educational
Small pickup in global markets with RevPAR growth, special events continue to move the needle
30 September 2024
STR's global "bubble chart" update for the four weeks ending 21 September 2024 shows 63% of markets with year-over-year growth in revenue per available room. Standouts included Northern Sumatra, Mexico City, the Red Sea Resorts, Rio de Janeiro and the Turkish Riviera.
Tags
Global
Industry Updates
Hotels
The role of total revenue management in a hotel profitability strategy
28 August 2024
The global hotel industry is firmly positioned in an era of normalized growth levels. That means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.
Tags
Global
Hotels
Educational
Industry Basics
Profit and Loss
Smaller markets scored big during Euros
7 August 2024
The second-most watched football tournament in the world, the UEFA European Football Championship, which is held every four years, returned to the global stage from 14 June through 14 July. This year, Germany hosted the tournament – the first it has staged since the 2006 World Cup.
Tags
Hotels
Global
Industry Updates
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
Was ist GOPPAR (Bruttobetriebsgewinn pro verfügbarem Zimmer)? Wie können Hotels davon profitieren?
25 Juni 2024
Erfahren Sie hier, wie die Messung des GOPPAR ein besseres Bild der finanziellen Gesundheit Ihres Hotels vermitteln kann, wie man ihn berechnet und mehr.
Tags
Global
Educational
Hotels
Profit and Loss
Industry Basics
65% of global markets post year-over-year RevPAR growth
25 Juni 2024
Most countries steadily outperformed 2023, while market-level performance continued to be supported by events.
Tags
Hotels
Global
Industry Updates
Was ist Revenue Per Available Room (RevPAR) – Umsatz pro verfügbarem Zimmer – und wie wird er berechnet?
23 Januar 2020
Erfahren Sie mehr über die Goldstandard-Kennzahl zur Leistungsmessung in der globalen Hotelbranche: Umsatz pro verfügbarem Zimmer (RevPAR).
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics
Earlier Ramadan and Eid al-Fitr celebrations had positive impact on Dubai hotel performance
26 April 2024
The month of Ramadan combined with the Easter holiday weekend and a peak tourist season in the United Arab Emirates, drove Dubai hotels to see positive performance during this time period.
Tags
Hotels
Middle East and Africa
Industry Updates
Fewer global markets recording RevPAR growth, Japan a big exception
24 April 2024
Less hotel markets increased RevPAR year over year, while currency depreciation is driving growth in Japan.
Tags
Hotels
Global
Industry Updates
More global hotel markets growing RevPAR
21 März 2024
More than three quarters of hotel markets increased RevPAR year over year. Rate growth in Asia was prominent, with Japan’s ADR growing more than 30% and Singapore reaping the benefits of Taylor Swift’s Eras Tour.
Tags
Hotels
Global
Industry Updates
Jeux Olympiques de Paris - Trois tendances dont il faut tenir compte
23 Februar 2024
L'impact des événements sportifs sur les performances hôtelières a été largement documenté récemment. Tous les regards sont désormais rivés sur les Jeux olympiques de cet été, qui se dérouleront à Paris du 26 juillet au 11 août, 100 ans après les derniers Jeux organisés en France.
Tags
Hotels
Mondial
Forward Data
Forecast
Industry Updates
Paris Summer Olympics: Three key trends to consider
5 Februar 2024
The impact of sporting events on hotel performance has been well-documented recently. Now all eyes are on the Summer Olympics in Paris between 26 July-11 August 2024. This summer will mark exactly 100 years since the Summer Olympics were last held in France.
Tags
Hotels
Global
Forward Data
Forecast
Industry Updates
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
85% of global markets recovered RevPAR last year
26 Januar 2024
Global “bubble charts” for total-year 2023 show 85% of hotel markets exceeded 2019 RevPAR. The top five countries for annual RevPAR growth compared to 2019 were Brazil, Greece, Colombia, Italy, and Ireland. China reported RevPAR behind 2019 by 3%, while Vietnam showed the worst decline of 23%.
Tags
Hotels
Industry Updates
Global
75% of global markets stayed above 2019 RevPAR, Dubai gained as host of COP28
27 Dezember 2023
A new edition of STR's global "bubble" charts shows strong event demand in the Middle East, most of Europe ahead of 2019 RevPAR levels, and much of the world still pacing ahead of pre-pandemic comparables.
Tags
Global
Hotels
Industry Updates
RevPAR vs. TRevPAR
25 Juni 2024
Was sind die Unterschiede zwischen RevPAR und TRevPAR? Wie wissen Hotelbetreiber, auf welche Metrik sie sich verlassen sollten? Wir schlüsseln das Anwendungsszenario sowohl für RevPAR als auch für TRevPAR auf.
Tags
Hotels
Global
Educational
Benchmarking
Industry Basics
Using business on the books in a complete benchmarking approach
12 Dezember 2023
Directly-sourced forward booking data empowers key roles within the hospitality industry to complete their strategy with powerful intel into the future. Learn about the Forward STAR metrics, applications of the data and how forward-looking data fits within a comprehensive benchmarking strategy.
Tags
Forward Data
Global
Educational
Hotels
Benchmarking
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
Beispiel Hotel-P&L
22 Januar 2020
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Tags
Profit and Loss
Hotels
Educational
Global
APAC hotel recovery now on par with the rest of the world
1 November 2023
While other parts of the world began their post-pandemic recovery earlier than Asia Pacific, recent data suggests that the region is accelerating its recovery process and could potentially reach levels seen in Europe and America.
Tags
Asia Pacific
Hotels
Recovery
Forecast
U.S. hotel commentary - September 2023
30 Oktober 2023
U.S. hotel RevPAR rose 2.9% in September, which was the strongest year-over-year growth of the quarter, even as occupancy continued to decline modestly.
Tags
North America
Hotels
Industry Updates
STR Weekly Insights: 15-21 October 2023
27 Oktober 2023
Countries included: Chile, Ireland, South Korea, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Recovery
Hotels
Industry Updates
Forward Data
Markets with RevPAR growth steadied, Italy lead continued into autumn
27 Oktober 2023
A new edition of STR's global "bubble" charts shows a steady share of markets with RevPAR growth across the world, with 89% of markets surpassing 2019 comparables. Italy maintained its momentum into the autumn season, while sporting events contributed to growth in Abu Dhabi and Chennai.
Tags
Global
Industry Updates
Hotels
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
China hotel performance jumped during eight-day-long Golden Week
19 Oktober 2023
A later Mid-Autumn Festival created a longer holiday period than last year, combining with National Day festivities to provide impressive improvement in China’s hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates
Japan hotel performance recovery accelerated during summer months
11 Oktober 2023
Helped by peak holiday season and the return of international travelers, Japan’s hotel industry experienced a successful summer period, pushing the country's post-pandemic recovery to higher levels.
Tags
Industry Updates
Hotels
Asia Pacific
STR Weekly Insights: 13-19 August 2023
25 August 2023
Countries included: United States, Canada, China, El Salvador, France, Germany, Indonesia, Italy, Japan, Mexico, Seychelles, Singapore, Spain, and United Kingdom
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data
88% of global markets post RevPAR growth above 2019, on par with the record high
23 August 2023
A new edition of STR's global "bubble" charts shows sustained RevPAR growth across the world with the second highest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels
Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024
27 Juli 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Tags
Forward Data
Events
Asia Pacific
Industry Updates
Hotels
90% of global markets post RevPAR growth above 2019, most of China included
26 Juli 2023
A new edition of STR's global "bubble" charts shows strong RevPAR growth across the world with the greatest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels
STR Weekly Insights: 25 June – 1 July 2023
7 Juli 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels
STR Weekly Insights: 18 – 24 June 2023
30 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data
U.S. hotel performance cooled a bit in the leadup to summer
26 Juni 2023
Sandwiched in between the slower business period around Memorial Day and the early portion of summer, U.S. hotel performance cooled a bit during the four weeks ending 17 June. Read more in our latest “bubble chart” update.
Tags
North America
Industry Updates
Hotels
STR Weekly Insights: 11 – 17 June 2023
23 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels
STR Weekly Insights: 4-10 June 2023
16 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Tags
Global
Industry Updates
Recovery
Hotels
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
U.S. hotel commentary - April 2023
5 Juni 2023
Demand was down year over year for the first time since early 2021, but historical patterns point to the demand decline being more of a reset.
Tags
North America
Industry Updates
Hotels
Recovery
Healthy outlook for Europe hotels: Corporate demand recovering, leisure travel remains resilient
23 Mai 2023
Europe hotel performance caused some reason for concern during the first quarter of 2023, but momentum points to healthy performance ahead for gateway cities and secondary markets thanks to recovering corporate demand as well as resilient leisure travel.
Tags
Europe
Hotels
Industry Updates
Forward Data
STR Weekly Insights: 7-13 May 2023
19 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates.
Tags
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 30 April – 6 May 2023
12 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates, Ireland, Senegal, Fiji, Puerto Rico, and Lithuania.
Tags
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 16-22 April 2023
28 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 9-15 April 2023
21 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 2-8 April 2023
14 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Curacao, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Industry Updates
Recovery
Hotels
Benchmarking
STR Weekly Insights: 26 March – 1 April 2023
7 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Hotels
Industry Updates
Recovery
U.S. hotel commentary - February 2023
3 April 2023
ADR growth continues to outpace occupancy growth YoY, and ADR has paced well ahead of occupancy in the 2019 index. The recovery indices have shown that pricing recovered faster than demand, with rates reaching pre-pandemic levels as early as July 2021.
Tags
North America
Recovery
Industry Updates
Hotels
STR Weekly Insights: 19-25 March 2023
31 März 2023
Countries included: United States, United Kingdom, Indonesia, Spain, China, Germany, Guatemala, Jamaica, Bahamas, Belgium, Luxembourg, Switzerland, Croatia and Switzerland
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 12–18 March 2023
24 März 2023
Countries included: United States, Barbados, Bahamas, United Arab Emirates, United Kingdom, Spain, Japan, Jamaica, Puerto Rico, Guatemala, Germany, Mexico, China, Italy, Indonesia, Canada, France
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 5-11 March 2023
17 März 2023
Countries included: United States, United Arab Emirates, Jamaica, Puerto Rico, Dominican Republic, Barbados, Senegal, New Zealand, United Kingdom, Germany, Indonesia, and China
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR Weekly Insights: 26 February – 4 March 2023
10 März 2023
Countries included: United States, Barbados, United Arab Emirates, United Kingdom, Spain, Japan, Puerto Rico, Guam, Bangladesh, Germany, Mexico, China, Italy, Indonesia, Canada, France
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
U.S. hotels - January 2023 commentary
7 März 2023
Occupancy for the month reached 52.8%, which was well above the long-term average of 50% but still below the 54% average from 2015-2020.
Tags
North America
Hotels
Industry Updates
Recovery
STR Weekly Insights: 19-25 February 2023
3 März 2023
Countries included: United States, United Arab Emirates, Puerto Rico, Singapore, Barbados, United Kingdom, Japan, and Mexico
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
Easter swing shifts school breaks substantially in Spring 2023
1 März 2023
As spring break season approaches, tracking school calendar data becomes critical for predicting travel demand across the U.S.
Tags
North America
Hotels
Tourism
Industry Updates
STR Weekly Insights: 12-18 February 2023
24 Februar 2023
Countries included: United States, United Kingdom, China, United Arab Emirates, Saudi Arabia, Barbados, Aruba, Puerto Rico
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 5-11 February 2023
17 Februar 2023
Countries included: United States, United Kingdom, Germany, China, Barbados, and United Arab Emirates
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates
STR Weekly Insights: 29 January-4 February 2023
10 Februar 2023
Countries included: United States, Japan, France, United Kingdom, Indonesia, Turkey, Thailand, Germany, Mexico, Barbados
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 22-28 January 2023
3 Februar 2023
Countries included: U.S., Barbados, United Kingdom, Germany
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates
Restrictions, lack of inbound travel have limited Southeast Asia’s hotel performance
1 Februar 2023
Southeast Asia sits at the lower end of recovery compared to other STR-defined subcontinents, exceeding only the gains of Northeastern Asia in terms of occupancy and average daily rate (ADR ) in 2022.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 15-21 January 2023
27 Januar 2023
Countries included: U.S., Barbados, Fiji, Aruba, United Arab Emirates, United Kingdom, China
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 8-14 January 2023
20 Januar 2023
Countries included: U.S., U.K., China
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR Weekly Insights: 1-7 January 2023
12 Januar 2023
Countries included in this week’s update: U.S., Japan, China, Barbados, Aruba, Cayman Islands, Germany, Luxembourg, Monaco
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
Market Recovery Monitor - 31 December 2022
9 Januar 2023
U.S. hotel occupancy for the last week of 2022 reached 54.2%, which was the fourth highest level recorded for the comparable week over the past 23 years.
Tags
Global
Industry Updates
Recovery
Benchmarking
Hotels
Market Recovery Monitor - 17 December 2022
22 Dezember 2022
As we get closer to the holidays, hotel occupancy begins to slow, and this year was no exception. U.S. occupancy for the week of 11-17 December fell to 54.5% from 59.6% in the prior week.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
Consumers showing more preference toward hotels, less toward short-term rentals
20 Dezember 2022
In our latest consumer research survey, travelers indicated more preference toward hotels (especially mid-tier) and less interest in short-term rentals as compared to three months ago.
Tags
Global
Hotels
Industry Updates
Research
Market Recovery Monitor - 10 December 2022
16 Dezember 2022
After a lull post-Thanksgiving, the U.S. hotel industry kicked back into gear as occupancy rose to 59.6% for the week of 4-10 December 2022.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
Market Recovery Monitor - 3 December 2022
9 Dezember 2022
The week after Thanksgiving (27 November-3 December) was somewhat typical for the U.S. hotel industry.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking
Market Recovery Monitor - 26 November 2022
2 Dezember 2022
In what turned out to be a normal Thanksgiving week, U.S. hotel occupancy for 20-26 November was 50.4%. That was down from 52.9% a year ago and 50.6% in 2019.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
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
Market Recovery Monitor - 12 November 2022
17 November 2022
For the week of 6-12 November 2022, the post-Halloween demand return continued, as the metric increased 3.4% week on week.
Tags
Global
Industry Updates
Benchmarking
Hotels
Recovery
Market Recovery Monitor - 5 November 2022
11 November 2022
With Halloween on Monday during the week of 30 October through 5 November (week 45), U.S. hotel demand and occupancy saw a sharp decrease Sunday and Monday with the declines lingering into Tuesday and to a lesser extent Wednesday.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
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
Market Recovery Monitor - 29 October 2022
4 November 2022
A decrease in U.S. hotel demand and occupancy for the week of 23-29 October was expected and not as steep as previous years.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates
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
Market Recovery Monitor - 22 October 2022
28 Oktober 2022
During the week of 16-22 October 2022, U.S. hotel occupancy was almost flat, dipping 0.4 percentage points week over week to 69.9%.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
U.K. Hospitality Radar - September 2022
26 Oktober 2022
U.K. Hospitality Radar - September 2022
Tags
Europe
Hotels
Industry Updates
Video
Middle East hotel industry strength likely to be challenged by economic issues in other world regions
25 Oktober 2022
The Middle East is operating from a position of economic strength with 2023 approaching. That bodes well for the hospitality industry, but a looming recession in key source markets will likely create challenges given the Middle East’s historic reliance on international inbound travel.
Tags
Middle East and Africa
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 8 October 2022
14 Oktober 2022
For the week of 2-8 October 2022, U.S. hotel occupancy increased 1.9 percentage points week on week to 68.2%, which was aligned with historical trends and expectations.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
India update: Societal change provides hoteliers with plenty of optimism and opportunity
10 Oktober 2022
After attending the Hotel Association of India (HAI) Hoteliers’ Conclave, our Jesper Palmqvist had a lot of thoughts on the India hospitality industry and how societal change is providing plenty of opportunity and reasons for optimism.
Tags
Asia Pacific
Hotels
Industry Updates
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
Market Recovery Monitor - 1 October 2022
6 Oktober 2022
U.S. hotel performance was affected by two significant demand-influencing events during 25 September to 1 October 2022—Rosh Hashanah and Hurricane Ian.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
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
School break data suggests subtle boosts, sizable squeezes to travel demand during Fall 2022
5 Oktober 2022
STR’s School Break Report shows that subtle boosts and sizeable squeezes to travel demand are on deck this fall as shifts in holiday breaks could impact year-over-year hotel performance. Read more about how these changes could affect your market’s opportunities.
Tags
North America
Hotels
Tourism
Industry Updates
Market Recovery Monitor - 24 September 2022
30 September 2022
U.S. hotel industry occupancy topped 70% for the week ending 24 September 2022—an eight-week high.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
Understanding your STR reports: Profit & Loss (P&L)
28 September 2022
Regardless of how the hotel industry benchmarks performance, the end goal is always maximum profitability. Like all other elements of industry benchmarking, there are data sets and reports designed specifically to measure the success of that goal.
Tags
Global
Hotels
Educational
Profit and Loss
Market Recovery Monitor - 10 September 2022
15 September 2022
Based on the latest week of data (4-10 September 2022), and accounting for a holiday calendar shift, the 3-day Labor Day weekend (Friday – Sunday) in the U.S. was the second best behind 2021.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
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
Market Recovery Monitor - 3 September 2022
9 September 2022
The Friday and Saturday of Labor Day weekend produced an all-time demand record for those two days. The previous high came last year.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR/TE Market Forecast Assumptions – August 2022
7 September 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Tags
Hotels
Industry Updates
Forecast
Global
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
Market Recovery Monitor - 27 August 2022
2 September 2022
As expected since the end of July, demand is trending down, but the week-on-week decrease for 21-27 August 2022 continued to be less than what was observed in previous years.
Tags
Global
Recovery
Hotels
Benchmarking
Industry Updates
Market Recovery Monitor - 20 August 2022
26 August 2022
For a fourth consecutive week, U.S. room demand declined week on week with occupancy settling at 67.3%, which was 1.2 percentage points lower than the week prior.
Tags
Global
Benchmarking
Recovery
Industry Updates
Hotels
Climate, Leisure Patterns Dictate U.S. Market Performance in the Second Half of Summer
23 August 2022
The top performing U.S. hotel markets in this monthly “bubble” chart update reflect typical late summer seasonal patterns along with continued strong leisure travel. Additionally, a range of markets mostly in the uncomfortably hot south/southwest U.S. saw lower percentages of rooms filled.
Tags
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 13 August 2022
19 August 2022
The deceleration in U.S. hotel room demand continued as the final days of summer near. For the week of 7-13 August 2022, demand declined by 558,000 rooms week over week with occupancy dropping to 68.5%.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
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
Market Recovery Monitor - 30 July 2022
5 August 2022
With the annual U.S. travel peak behind us, hotel demand and occupancy began to trend down—which is normal. For the week ending 30 July 2022 (week 31), however, the decrease in demand was much lower than in 2017, 2018 and 2019.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
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
Market Recovery Monitor - 23 July 2022
29 Juli 2022
U.S. hotel room demand for the week ending 23 July 2022 reached its seasonal apex with more than 28.4 million sold. That was the country’s highest weekly total for rooms sold since mid-2019 and the 10th largest weekly amount of the past 22 years.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
U.S. leisure markets maintain summer strength while some major cities make a push as well
25 Juli 2022
Our latest bubble chart update for the U.S. shows continued strength in leisure markets as well as more momentum for a few major cities.
Tags
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 16 July 2022
22 Juli 2022
As anticipated, history indeed repeated itself during the week ending 16 July 2022, as demand rose 3.4 million rooms year over year – the second-largest gain for week 29 since 2000, and 210,000 less rooms than the 2016 record holder.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels
Market Recovery Monitor - 9 July 2022
14 Juli 2022
As expected, based on previous occurrences of a Sunday or Monday Fourth of July, U.S. hotel demand and occupancy fell for the week ending 9 July 2022.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels
Market Recovery Monitor - 2 July 2022
8 Juli 2022
U.S. hotel occupancy fell 4.9 percentage points from the previous week and came in at 67.3% for 26 June-2 July (week 27).
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels
Asian countries await policy changes while hotels in the rest of the world bounce back
8 Juli 2022
STR’s “bubble chart” updates have been extended to cover the globe. Running 28-day averages through 24 June 2022 showed hotel performance recovery furthest ahead among countries in Europe, Latin America and the Caribbean.
Tags
Global
Industry Updates
Hotels
Research
U.S. Hotels – May 2022 Commentary
6 Juli 2022
A three-day calendar shift influenced U.S. hotel performance trends, leaving the top-line metrics slightly weaker than the previous month. But an extra weekday on the calendar contributed to higher group demand, which reached a pandemic-era high in May.
Tags
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 25 June 2022
1 Juli 2022
U.S. hotel occupancy reached yet another pandemic-era high as the week ending 25 June 2022 hit 72.3%–the highest level since the week ending 10 August 2019.
Tags
Global
Recovery
Benchmarking
Industry Updates
Hotels
Verwendung von „Business on the Books“ in einem umfassenden Benchmarking-Ansatz
13 Juni 2024
Vorausbuchungsdaten direkt aus der Quelle ermöglichen es Hauptakteuren des Gastgewerbes, ihre Strategie mit aussagekräftigen Informationen über die Zukunft zu vervollständigen.
Tags
Global
Hotels
Educational
Forward Data
Industry Basics
NYC’s momentum, strong ADR around the U.S. highlight continued performance recovery
27 Juni 2022
Average daily rate (ADR) continues to drive top-line performance recovery around the U.S. As shown in this latest “bubble chart” update, however, the Top 25 Markets are showing a more blended recovery with markets like New York City gaining occupancy momentum.
Tags
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 18 June 2022
23 Juni 2022
U.S. hotel performance strengthened further with occupancy for the week ending 18 June 2022 at a pandemic-era high of 71.8%, which was up 1.2 percentage points from the prior week and 4.1 percentage points versus the matching week last year.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
Market Recovery Monitor - 11 June 2022
16 Juni 2022
The summer is in full swing with U.S. hotel occupancy rising to 70.6% for the week ending 11 June 2022, which was the highest level of the year and the third highest since the start of the pandemic.
Tags
Global
Recovery
Hotels
Benchmarking
Industry Updates
Webinar summary: 5 key points on Mexico hotel performance, 8 June 2022
16 Juni 2022
STR’s latest complimentary webinar focused on hotel performance recovery in Mexico. In addition to the recording that can be accessed here, below are five key points from the webinar on 8 June 2022.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data
Market Recovery Monitor - 4 June 2022
9 Juni 2022
As is typical, the week of Memorial Day weakened compared with the week prior. U.S. weekly occupancy dropped 3.3 percentage points to 63.2%, which was lowest level of the past eight weeks.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
U.S. Hotels – April 2022 Commentary
9 Juni 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 28 May 2022
3 Juni 2022
Performance during the week before the Memorial Day holiday (22-28 May 2022) came in lower than expected, as U.S. hotel occupancy fell to 66.5% from 68.6% the prior week.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
STR/TE Market Forecast Assumptions – May 2022
27 Mai 2022
Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Tags
Global
Hotels
Industry Updates
Forecast
Market Recovery Monitor - 21 May 2022
27 Mai 2022
Occupancy in the U.S. reached 68.6% for the week of 15-21 May 2022, which was the highest level since July 2021. To add some perspective, since the start of the pandemic, weekly occupancy has only surpassed 65% on 17 occasions.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates
Recent U.S. occupancy leaders appeal to both business and leisure travel
23 Mai 2022
Most U.S. hotel markets are ahead of 2019 revenue per available room (RevPAR) on a nominal basis. With more contribution from average daily rate (ADR), however, this latest “bubble chart” update focuses on occupancy with many recent leaders showing appeal in both the leisure and business segments.
Tags
North America
Hotels
Industry Updates
Benchmarking
How have past Sargassum blooms affected hotel performance?
20 Mai 2022
Hoteliers may face additional headwinds from high levels of Sargassum seaweed blooms. In addition to environmental concerns, Sargassum presents an issue for destinations because its unpleasant smell and presence can discourage beachgoing tourists.
Tags
Hotels
Industry Updates
Historical Data
Benchmarking
India hotel performance continues to eclipse pre-pandemic levels
17 Mai 2022
April seemed to be a turning point in India’s hotel performance recovery. Leisure markets continue to lead that recovery, but business travel is also back, and forward bookings appear healthy for the remainder of May with most pickup remaining short-term.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
Market Recovery Monitor - 7 May 2022
16 Mai 2022
Occupancy dipped in the latest week of reporting, falling 2.7 percentage points week on week to 63.9% during 1-7 May 2022.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
Was ist Average Daily Rate (ADR) – durchschnittliche Tagesrate – und wie wird sie berechnet?
12 Juni 2024
Erfahren Sie mehr über eine der wichtigsten Hotel-Leistungskennzahlen – die durchschnittliche Tagesrate (ADR) –, wie sie berechnet wird und wie wichtig sie für eine effektive Strategie des Hotel Revenue Managements ist.
Tags
Global
Educational
Hotels
Benchmarking
Industry Basics
Market Recovery Monitor - 30 April 2022
5 Mai 2022
The U.S. hotel industry continued to gain steam with occupancy rising to 66.6% during the week of 24-30 April 2022. That absolute occupancy was the second highest of the year thus far, and it was the third time above 66% this year.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
Video: Spain market update - Q2 2022
4 Mai 2022
Spain market update - Q2 2022
Tags
Europe
Hotels
Industry Updates
Benchmarking
U.S. Hotels – March 2022 Commentary
29 April 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 23 April 2022
28 April 2022
After its typical pre-Easter slowing, the U.S. hotel industry rebounded with occupancy of 65.8% during 17-23 April 2022. That level was 2.9 percentage points away from the 2019 comparable, while Easter Sunday occupancy topped the holiday Sunday in 2019.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
Hotel demand races upwards around Formula 1 events
25 April 2022
What do Melbourne, Miami, Barcelona, Montreal, Singapore and Abu Dhabi have in common? A Formula 1-driven lift in hotel bookings.
Tags
Global
Hotels
Industry Updates
Benchmarking
Forward Data
Belfast seeing a surge in spring and summer bookings
25 April 2022
Ed Sheeran, André Rieu, Queen + Adam Lambert…they are all playing a role in lifting Belfast’s hotel bookings in the coming months.
Tags
Europe
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 16 April 2022
21 April 2022
U.S. hotel occupancy for 10-16 April 2022 dropped by the largest week-on-week amount of the past 14 weeks (-4.4 percentage points). However, the decrease was in line with what was seen in 2019, when the Easter weekend fell at the same point in April.
Tags
Global
Hotels
Benchmarking
Recovery
Industry Updates
Video: U.S. hotel performance for March 2022
20 April 2022
U.S. hotel performance for March 2022
Tags
North America
Hotels
Industry Updates
Benchmarking
Video
Largest U.S. hotel markets showed considerable RevPAR gains as spring 2022 began
19 April 2022
While overall performance continues to be led by smaller, leisure-based destinations, major markets in the U.S. showed considerable performance gains in late March/early April.
Tags
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 9 April 2022
14 April 2022
U.S. hotel occupancy advanced to 66.4% in the week ending 9 April 2022, up 2.3 percentage points from the prior week and 3.3 percentage points off the level attained in the corresponding week of 2019.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking
Understanding your STR reports: Hotel supply, demand and the development pipeline
13 April 2022
Continuing this educational series on STR reports, we show the importance of taking a step back and expanding your knowledge of the market as an added tool for understanding the operating conditions around your properties.
Tags
Global
Hotels
Educational
Supply and Development
Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham
13 April 2022
Birmingham’s hotel occupancy on the books is peaking at 78% for this summer’s Commonwealth Games. A few months back, levels were peaking at just 55%. Read more in this latest Forward STAR piece.
Tags
Europe
Hotels
Industry Updates
Forward Data
Historical Data
Video: Denver hospitality radar
12 April 2022
Denver hotel ADR and demand are expected to near full recovery this year, while occupancy and RevPAR will take a few more years to reach 2019 levels, mostly due to new supply entering the Mile High City.
Tags
North America
Hotels
Industry Updates
Benchmarking
Video
Market Recovery Monitor - 2 April 2022
8 April 2022
During the week ending 2 April, U.S. hotel occupancy (64.2%) slipped for a second consecutive week, dropping 1.4 percentage points from the prior week. The decrease was not a surprise given that Spring Break is winding down.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking
Market Recovery Monitor - 26 March 2022
1 April 2022
While the U.S. saw an overall seasonal slowing in occupancy, several markets saw their highest occupancy since the start of the pandemic, including San Francisco, Los Angeles and San Jose.
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery
Europe hotel occupancy remains stable amid war in Ukraine
28 März 2022
Europe’s hotel performance has remained stable amid the war in Ukraine, and countries bordering the conflict area have seen a refugee-driven lift in occupancy. Read more on this analysis of historical and forward-looking data in the region.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Market Recovery Monitor - 19 March 2022
24 März 2022
The U.S. hotel industry posted its highest weekly occupancy since the end of summer 2021 with a level of 66.9% during the week of 13-19 March 2022.
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery
Video: U.K. hospitality outlook
24 März 2022
Cristina Balekjian gives an outlook of the hospitality industry in the United Kingdom. Watch now.
Tags
Hotels
Industry Updates
Europe
U.S. Hotels – February 2022 Commentary
24 März 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data
Video: U.S. hotel performance for February 2022
22 März 2022
U.S. hotel performance for February 2022
Tags
North America
Industry Updates
Hotels
Video
Market Recovery Monitor - 12 March 2022
18 März 2022
Good occupancy abounds as spring blooms. U.S. hotel industry occupancy (63.2%) reached a 20-week high during 6-12 March 2022 with Spring Break driving growth even though it has yet to reach its apex.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR/TE Market Forecast Assumptions – February 2022
17 März 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Tags
Hotels
Industry Updates
Forecast
Global
Market Recovery Monitor - 5 March 2022
11 März 2022
U.S. hotel weekly occupancy slipped a bit in the most recent week of reporting (27 February-5 March 2022), falling to 61.2% from 62.2% the week prior.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking
Historical analysis: Rising gas prices have limited impact on U.S. hotel demand
10 März 2022
Historical data back to 1990 shows a correlation of .54 between inflation-adjusted gas prices and seasonally adjusted hotel room demand. Read more in this quick analysis on the impact of rising gas prices.
Tags
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 26 February 2022
4 März 2022
The good news for the U.S. hotel industry continued as occupancy advanced to 62.2% during the week of 20-26 February 2022, up from 59.1% in the previous week.
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery
Los Angeles Hotels Underperform Super Bowl Expectations
2 März 2022
L.A. hotel occupancy came in at 80.5% for the Super Bowl weekend – nine points lower than projected, suggesting the sweep of the Omicron variant may have played the part of “spoiler” for the event.
Tags
North America
Hotels
Benchmarking
Industry Updates
U.S. Hotels - January 2022 Commentary
1 März 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Tags
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 19 February 2022
24 Februar 2022
Driven by the Presidents’ Day holiday weekend, U.S. leisure travel made a big comeback and pushed occupancy 4.6 percentage points to 59.1% during the week of 13-19 February 2022.
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking
Video: U.S. hotel performance for January 2022
24 Februar 2022
U.S. hotel performance for January 2022
Tags
North America
Industry Updates
Hotels
Video
Standout markets come back to earth with more “normal” performance across the U.S.
22 Februar 2022
STR’s latest 28-day visuals for 12 February show markets collectively getting closer to their seasonal performance expectations.
Tags
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 12 February 2022
17 Februar 2022
U.S. weekly hotel performance continued to rev up with the largest week-over-week increase in occupancy this year.
Tags
Global
Recovery
Industry Updates
Benchmarking
Hotels
Market Recovery Monitor - 5 February 2022
10 Februar 2022
The post-holiday doldrums appear to be ending. U.S. hotel occupancy advanced again, rising to 50.4% in the week ending 5 February 2022. This was the first time in the past five weeks that weekly occupancy surpassed the 50% level, although the index to 2019 fell from the prior week.
Tags
Global
Hotels
Recovery
Industry Updates
Benchmarking
6 Nations, music acts lifting Cardiff’s hotel bookings for 2022
10 Februar 2022
With a more stabilized pandemic situation, large-scale events like 6 Nations, and concerts from the Stereophonics and Ed Sheeran, are lifting Cardiff’s occupancy on the books for 2022.
Tags
Europe
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 29 January 2022
3 Februar 2022
The U.S. hotel industry neared the 50% occupancy mark, rising to 49.7% in the week ending 29 January 2022. The gain came mainly through leisure travel, which is beginning to reemerge after a post-holiday hibernation.
Tags
Global
Hotels
Recovery
Benchmarking
Industry Updates
Video: Canada hospitality radar outlook 2022
2 Februar 2022
Looking ahead at Canada hospitality performance
Tags
North America
Industry Updates
Hotels
Video
Music events are boosting hotel demand for several European markets in 2022
2 Februar 2022
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers. In Dublin, Belfast, Glasgow and Turin, music lovers will equal beds in heads and drive larger booking windows.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Video: UK hospitality radar outlook 2022
28 Januar 2022
Looking ahead at UK hospitality performance
Tags
Europe
Industry Updates
Hotels
Video
Market Recovery Monitor - 22 January 2022
28 Januar 2022
For a third consecutive week, U.S. hotel occupancy remained soft with occupancy for 16-22 January staying basically flat (-0.1 percentage point) at 48.7%.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
Video: Netherlands market update - January 2022
26 Januar 2022
Netherlands market update - January 2022
Tags
Europe
Hotels
Industry Updates
Benchmarking
Beijing hotel performance expectations as Lunar New Year and Olympics intersect with the pandemic
26 Januar 2022
Lunar New Year, the Winter Olympics and the pandemic all meet in Beijing this February. What are the expectations for hotel performance as these demand influencers intersect? Find out here.
Tags
Asia Pacific
Hotels
Industry Updates
Benchmarking
Forecast
Video: U.S. performance results for December 2021
25 Januar 2022
U.S. performance results for December 2021
Tags
North America
Industry Updates
Hotels
Video
Slow holiday season highlights a handful of highflyers in the U.S.
24 Januar 2022
Our new “bubble charts” for 2022 highlight the U.S. performance leaders and laggards for the four weeks ending 15 January.
Tags
North America
Hotels
Historical Data
Benchmarking
Chile hotels show resilience
24 Januar 2022
Challenges are nothing new for Chile’s hotels. Different from most other countries though, the country is recapturing occupancy faster than ADR. Find out more in this latest deep dive on Chile’s recovery.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 15 January 2022
21 Januar 2022
U.S. hotel performance continued to meander with occupancy remaining below 50% for a second straight week during 9-15 January. At 48.8%, occupancy was in the bottom third of comparable weeks going back to 2000.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
Understanding your STR reports: Percentage changes, indexes and comp set rankings
20 Januar 2022
Knowing how to use each part of your STR report will bolster your ability to benchmark your performance and make better business decisions. In our latest blog post, we take a look at the numerous ways that you can measure your property’s success.
Tags
Global
Hotels
Benchmarking
Educational
Market Recovery Monitor - 8 January 2022
13 Januar 2022
The first week of 2022 (2-8 January) was somewhat typical for a first week in January. U.S. hotel industry occupancy dipped to 45.4%, which was eight percentage points lower than what it was in the comparable week of 2019 but eight percentage points higher than a year ago.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
Market Recovery Monitor - 1 January 2022
7 Januar 2022
“I’ll be home for Christmas” rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
Die wichtigsten historischen Leistungskennzahlen (KPIs) des Gastgewerbes
11 Juni 2024
Historische Daten wirken sich auf die Entscheidungen nahezu aller Akteure der Hotelbranche aus. Unabhängig davon, ob Sie Ihre eigenen Erfolge messen oder Ihren Erfolg mit der Konkurrenz oder einem bestimmten Marktsegment vergleichen möchten, gehören grundlegende historische Kennzahlen zum Prozess.
Tags
Global
Educational
Benchmarking
Hotels
Industry Basics
Six ways benchmarking can support post-pandemic recovery
30 Dezember 2021
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
Review of Shenzhen Hotel Data Information Seminar
21 Dezember 2021
On 25 November 2021, STR held the Shenzhen Hotel Data Information Seminar. STR’s North Asia Business Development Manager, Wanqing Yang, presented on the topic of "Shenzhen Hotel Performance Observations” with analysis of the latest developments in the market.
Tags
Industry Updates
Hotels
Historical Data
Asia Pacific
Strong finish to 2021 for most of U.S., sizable RevPAR Gains for D.C. and New York
20 Dezember 2021
STR’s final 51-chart map of the year shows recent national/regional trends and many states finishing 2021 strong.
Tags
North America
Hotels
Benchmarking
Industry Updates
Video: U.S. performance results for November 2021
20 Dezember 2021
U.S. performance results for November 2021
Tags
North America
Industry Updates
Hotels
Video
As lockdowns end, hotel bookings surge in Australia’s Gold Coast
17 Dezember 2021
As Australia enters the summer months and restrictions ease, positive trends are already developing for hoteliers. And while an uplift in demand can be observed across many of Australia’s key markets, it is the Gold Coast that is leading charge in forward bookings.
Tags
Industry Updates
Hotels
Historical Data
Forward Data
Asia Pacific
Market Recovery Monitor - 11 December 2021
16 Dezember 2021
For the first time in 85 weeks, New York City led the nation in occupancy (81%) as visitors returned to partake in the city’s holiday traditions and attractions.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
Hotel profitability global update: Continued improvement for most of the world in October
15 Dezember 2021
In this latest update with October data, we saw similar trends in P&L data as we did in September, although there were notable outliers in each world region.
Tags
Global
Hotels
Industry Updates
Profit and Loss
COVID-19 webinar summary: 5 key points on Brazil hotel performance, 2 December
13 Dezember 2021
On 3 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Industry Updates
Hotels
Historical Data
COVID-19 webinar summary: 5 key points on France hotel performance, 3 December
10 Dezember 2021
On 3 December, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data
COVID-19 webinar summary: 5 key points on Benelux hotel performance, 3 December
10 Dezember 2021
On 3 December, we analyzed hotel performance in Belgium, the Netherlands, and Luxembourg amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data
Market Recovery Monitor - 4 December 2021
9 Dezember 2021
In a somewhat typical post-Thanksgiving week (28 November-4 December), U.S. hotel occupancy rose from the previous week to 54.8%.
Tags
Global
Benchmarking
Hotels
Industry Updates
Recovery
A Class Tale: Luxury hotels around the world
8 Dezember 2021
New restrictions obviously mean potential challenges for the hotel industry, and as we have seen throughout the pandemic, every class of hotel can be affected differently. In this latest piece, we look at how Luxury class hotels have performed around the globe, especially in more recent months.
Tags
Global
Hotels
Industry Updates
Supply and Development
Historical Data
Market Recovery Monitor - 27 November 2021
2 Dezember 2021
Thanksgiving week for the U.S. hotel industry was record-breaking by all measures.
Tags
Benchmarking
North America
Hotels
Recovery
Industry Updates
Market Forecast Assumptions: November 2021
29 November 2021
STR/TE Market Forecast Assumptions - November 2021
Tags
Hotels
Industry Updates
Forecast
Video: U.S. performance results for October 2021 and forecast
29 November 2021
U.S. performance results for October 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video
Dubai welcomes the world, and hotels are benefitting
24 November 2021
Dubai hotels got off to a fast start during Expo, especially with ADR and RevPAR. To measure the market’s success, we look back at a previous Expo host and look forward at occupancy on the books for the remainder of the event in Dubai.
Tags
Hotels
Middle East and Africa
Industry Updates
Historical Data
Forward Data
U.S. Market Recovery Monitor - 13 November 2021
19 November 2021
The U.S. hotel industry saw its largest week-over-week demand gain since early October with 704,000 more room nights sold for the week ending 13 November 2021.
Tags
Benchmarking
Hotels
Industry Updates
Recovery
North America
U.S. Market Recovery Monitor - 6 November 2021
12 November 2021
The hotel industry rebounded slightly after two weeks of declines, gaining nearly a percentage point in occupancy during the week ending 6 November.
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North America
Hotels
Benchmarking
Recovery
Industry Updates
Back to business (travel)
10 November 2021
The latest data for Europe indicates the early return of business travel and groups. Find out more.
Tags
Europe
Hotels
Industry Updates
Historical Data
Hotel profitability global update: Improvement for most of the world in September
10 November 2021
Hotel profitability improved at low levels for most of the world in September. Find out more in this global P&L update.
Tags
Global
Hotels
Industry Updates
Profit and Loss
Europe hotel pipeline update
9 November 2021
Delayed 2020 openings and limited cancellations of planned projects are contributing to Europe’s hotel pipeline reaching all-time highs. Find out more.
Tags
Europe
Hotels
Industry Updates
Supply and Development
Middle East Q3 2021 hotel performance update
9 November 2021
As vaccination campaigns continue in the Middle East, restrictions for international fully vaccinated travellers have been lifted. Is that growing vaccination rate helping improve hotel performance in the region? How far is the region from its 2019 levels? Find out more in our latest Q3 analysis.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 30 October 2021
4 November 2021
U.S. hotel performance for 24-30 October was neither a trick or treat as occupancy dropped to a 25-week low of 58.9% after coming in at 63.9% in the prior week.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Golden Week Impact
1 November 2021
Did the Mid-Autumn Festival and the National Day stimulate a performance jump for Mainland China’s hotel market? Or did sporadic COVID-19 cases and pandemic prevention measures limit gains? Find out more in this deep dive.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 23 October 2021
28 Oktober 2021
For the week ending 23 October, U.S. hotel occupancy tumbled slightly to 63.9% from 65.0% in the previous week.
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North America
Hotels
Benchmarking
Recovery
Industry Updates
Cardiff: Rugby, pop and rock boost forward demand
27 Oktober 2021
Hosting a large-scale event often means an opportunity for local hotels. With Six Nations Rugby and concerts from Stereophonics and Ed Sheeran, Cardiff is a prime example. Learn more in our latest forward occupancy analysis.
Tags
Europe
Industry Updates
Forward Data
Hotels
Video: U.S. performance results for September 2021
25 Oktober 2021
U.S. performance results for September 2021
Tags
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 16 October 2021
21 Oktober 2021
The Columbus Day holiday propelled U.S. occupancy to 65.0% for the week ending 16 October. That level was the country’s highest since mid-August and surpassed the levels seen during the weeks of Memorial Day and Labor Day.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Brazil hotels recovering ADR much faster than occupancy
18 Oktober 2021
Brazil’s hotels are recovering ADR much faster than occupancy due to a shift toward domestic leisure demand as well as a high volume of closures in the lower-tier classes. Read more here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Forward STAR shows the Commonwealth Game impact on Birmingham
18 Oktober 2021
Events have offered a much-needed lifeline to hotels as the industry emerges from the pandemic. Through Forward STAR, we can measure the advance impact of these large-scale events, such as the 2022 Commonwealth Games in Birmingham, England.
Tags
Europe
Industry Updates
Forward Data
Hotels
U.S. Market Recovery Monitor - 9 October 2021
14 Oktober 2021
The latest week of data in the U.S. confirms that the previous seven-day period was indeed the lull before the storm. Occupancy for 3-9 October rose 2.2 percentage points to 63.9%, which was the country’s highest level since mid-August.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
Olympics impact on hotel development
14 Oktober 2021
Hosting a mega event often means opportunity for hotel development. From Sydney in 2000 to Tokyo this past year and Paris 2024 on the horizon, we look at the Summer Olympic impact on supply. Find out more.
Tags
Global
Hotels
Industry Updates
Supply and Development
AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels
11 Oktober 2021
Perth realized its strongest RevPAR in five years during the AFL Grand Final, while performance during the NRL Grand Final in Brisbane was a bit more held back by COVID-19 restrictions. Read more here.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
A brighter future for Colombia?
8 Oktober 2021
Colombia’s accelerated vaccination rollout and lessened restrictions on eligibility pushed the country’s vaccination rate to 32.1% as of 22 September, according to Our World in Data. Is that growing vaccination rate helping improve hotel performance in this key South American country?
Tags
Central and South America
Hotels
Industry Updates
Historical Data
London’s Outlook: An Analysis by Hotel Class
8 Oktober 2021
When booking a hotel room, guests are considering more factors than ever in deciding which property to call home in their destination. Examining future occupancy levels by class allows for a better understanding of the traveler booking rationale for the upcoming months.
Tags
Europe
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 2 October 2021
7 Oktober 2021
U.S. hotel industry demand retreated in the latest week of reporting (26 September-2 October), failing to align with a rise in TSA security screenings. Normally, we expect an uptick in air passengers to yield an increase in hotel demand.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
Caribbean hotel update: Two markets showing high levels of occupancy recovery
5 Oktober 2021
The summer travel season, helped by growing vaccination rates around the world, allowed Caribbean hotels to pick up steam in their road to recovery.
Tags
North America
Hotels
Industry Updates
Benchmarking
Recovery
Restrictions limit Queensland’s hotel performance during school holiday periods
5 Oktober 2021
Restrictions around Australia are restricting hotel performance in Queensland, even during usually popular school holiday periods. Check out this quick analysis of occupancy on the books for the Sept/Oct school break.
Tags
Asia Pacific
Industry Updates
Hotels
Forward Data
Is it time to talk about real recovery in South America?
1 Oktober 2021
South America’s August hotel occupancy reached 72% of the 2019 comparable. Does that mean it is time to talk about real recovery in the region?
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Did Europe lose another summer?
1 Oktober 2021
Summer 2020 undoubtedly looked much different around Europe due to the global impact of the COVID-19 pandemic. Fast forward to this year, and there was hope that the region’s effort toward a more “normal” summer would be successful.
Tags
Europe
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 25 September 2021
30 September 2021
U.S. hotel demand continued to exceed expectations last week. Group hotels and major markets (NYC, Orlando, Boston, DC, Phoenix) posted noteworthy improvements.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
Video: U.K. performance results for August 2021
29 September 2021
U.K. performance results for August 2021 and a look at occupancy-on-the-books.
Tags
Europe
Industry Updates
Hotels
Video
Forward Data
Glasgow’s forward-looking data reflecting the UN Climate Change Conference occupancy boost
28 September 2021
As the UN Climate Change Conference (1-12 November 2021) approaches, Glasgow’s hotel occupancy on the books continues to rise.
Tags
Europe
Hotels
Industry Updates
Forward Data
Video: U.S. performance results for August 2021
23 September 2021
U.S. performance results for August 2021
Tags
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 18 September 2021
23 September 2021
In an unexpected turn, U.S. demand and occupancy advanced in the latest week of reporting (12-18 September 2021) to the best levels of the past four weeks.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
Latest Hurricane Ida analysis reflects vast reopening in New Orleans
22 September 2021
Following up on STR’s initial Hurricane Ida analysis from 10 September, a vast majority of hotels in the New Orleans MSA have reopened with improving occupancy levels, especially in the core city center/central business district.
Tags
North America
Hotels
Industry Updates
Historical Data
Benchmarking
U.S. Market Recovery Monitor - 11 September 2021
17 September 2021
Occupancy for the week ending 11 September 2021 was 60.0%, somewhat better than expected and boosted upward by Labor Day Sunday.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September
14 September 2021
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Hotels
Industry Updates
Historical Data
Indonesia(ns) on the move again
13 September 2021
While vaccination rates grow rapidly, case numbers fall, and hospital beds are more available, Indonesians are once again hitting the road and creating hotel demand around the country.
Tags
Asia Pacific
Hotels
Benchmarking
Industry Updates
Hurricane Ida impact on hotels
10 September 2021
At least 155 New Orleans hotels are temporarily closed because of Hurricane Ida. Read more in this Ida analysis, which also covers demand shifts in the Gulf region and the Northeast U.S.
Tags
North America
Hotels
Industry Updates
Benchmarking
Historical Data
U.S. Market Recovery Monitor - 4 September 2021
10 September 2021
After falling for the past five weeks, occupancy bounced back as Labor Day leisure travel and Hurricane Ida-related demand drove a level of 61.3% during 29 August-4 September.
Tags
North America
Recovery
Hotels
Benchmarking
Industry Updates
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 26 August
3 September 2021
On 26 August, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 28 August 2021
2 September 2021
Occupancy fell by more than two percentage points to 61.0% for the week ending 28 August 2021. This was the fifth consecutive week with lower occupancy and the fourth straight week with an occupancy decline of more than two percentage points.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
India’s different, second recovery
30 August 2021
India’s progressive approach to vaccinations has led to an increase in travelers and hotel demand, especially in the leisure segment. Beyond the noticeable improvement, however, the country is showing a different trend in which markets are regaining occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 21 August 2021
27 August 2021
Weekly demand was lower in 71% of 166 U.S. markets, but the index to 2019 didn’t dip much. Read more in the latest MRM.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.S. performance results for July 2021 & forecast
25 August 2021
U.S. performance results for July 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 14 August 2021
19 August 2021
U.S. occupancy fell for a third consecutive week, dropping by more than two points to 65.7% during 8-14 August 2021. Further, weekly occupancy was down more than five points when compared with the week of 24 July 2021.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
A quick overview of China’s July hotel performance
19 August 2021
With the help of summer vacation, Mainland China’s overall hotel occupancy rate showed a good upward trend in July, with the second and third week of the month reaching 2019 levels.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Asia Pacific: Hotel performance ups and downs
16 August 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 7 August 2021
12 August 2021
Amid increased COVID cases, the rise of the Delta variant, and the return of in-person schooling, U.S. weekly hotel room demand dropped for a second consecutive week. The decrease in demand caused occupancy to fall to 68.0% for the week (1-7 August).
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
China Hotel Performance Update
10 August 2021
All key markets in China showed June 2021 increases in hotel occupancy and average daily rate (ADR) compared to the same period last year, except for Guangzhou and Shenzhen.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 31 July 2021
5 August 2021
For a third consecutive week, occupancy remained above 70% (25-31 July 2021), but that was down from the pandemic-era high (71.4%) achieved in the previous week. While occupancy slipped, average daily rate (ADR) advanced to yet another record high (US$143) on a nominal basis.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Chengdu hotel market performance recovery
3 August 2021
In 2020, Chengdu's hospitality industry accounted for 65.7% of GDP, contributing 52.2% to the city's economic growth and significantly increasing its contribution to the development of energy levels and economies.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Roundtable Discussion | Challenges and Opportunities of Mainland China’s Economy in Summer
3 August 2021
On 2 July 2021, STR held the second Chinese webinar in 2021. This transcript was initially in Chinese and translated into English.
Tags
Asia Pacific
Hotels
Industry Updates
Webinar
Indexing: Simple and important in today's hotel benchmarking
3 August 2021
Even as we get deeper into 2021, indexing is a more actionable recovery measurement than traditional year-over-year comparisons. Do you have questions on how to do that? Find out more.
Tags
Hotels
Benchmarking
Global
Recovery
Educational
The time between lockdown periods showed recovery potential for Victorian hotels
2 August 2021
That was the amount of time from the end of Victoria’s third lockdown to the beginning of the fourth. During this period, Victoria’s overall accommodation performance saw its greatest shift since pre-pandemic days, with growth largely driven by regional markets.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Benchmarking
U.S. Market Recovery Monitor - 24 July 2021
29 Juli 2021
For the week ending 24 July 2021, RevPAR broke the US$100 barrier for the first time since October 2019. At US$101, RevPAR was at its highest level since the week of 27 July 2019.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.K. hotel performance ending 18 July 2021
26 Juli 2021
U.K. hotel performance ending 18 July 2021
Tags
Europe
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 17 July 2021
22 Juli 2021
In the week ending 17 July 2021, occupancy soared to 71.0%, its highest level since the Columbus Day holiday week of October 2019. Also for the first time since the week ending 19 October 2019, daily occupancy was above 70% Wednesday through Saturday.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.S. performance results for June 2021
22 Juli 2021
U.S. performance results for June 2021
Tags
North America
Industry Updates
Hotels
Video
U.K. leading Europe in hotel performance recovery
22 Juli 2021
Although occupancy on the books remains low, Regional U.K. is still ahead of London. Travelers are still awaiting confirmation of softened travel restrictions by 19 July, which should be immediately followed by a sharp increase in demand.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data
2021 Copa América impact on host hotel markets
20 Juli 2021
There were some noticeable jumps in hotel occupancy during Copa América, but typical day-of-week trends contributed to higher levels in some cases. That and more in this piece on the tournament’s impact on Rio de Janeiro and Brasilia hotel performance.
Tags
Central and South America
Historical Data
Hotels
Industry Updates
UEFA Euro 2020 impact on hotel performance
20 Juli 2021
London posted its highest ADR of 2021 the night before England faced Italy in the UEFA Euro final. That and more in this piece on the tournament’s impact on host market hotel performance.
Tags
Europe
Industry Updates
Hotels
Historical Data
U.S. Market Recovery Monitor - 10 July 2021
15 Juli 2021
Following the normal pre-4th of July slump, U.S. industry occupancy rebounded to 67.2% for the week ending 10 July 2021. While this was good news, the gain was much less than expected as weekly demand improved 3% to 26 million.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Hotel performance recovery in China isn’t just faster, it’s different
12 Juli 2021
Mainland China’s hotel performance recovery hasn’t just been faster, it’s been different: business travel has returned, all hotel classes are recovering well, and pricing confidence came back as quickly as occupancy.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 3 July 2021
9 Juli 2021
Prior to the pandemic, holiday weeks tended to be lackluster due to the lack of business and group travel. During the pandemic era, that trend seems to be returning.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
Australia’s latest COVID-19 lockdowns take their toll on hotel bookings
9 Juli 2021
Amid recent COVID-19 outbreaks and lockdowns, however, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks.
Tags
Hotels
Asia Pacific
Forward Data
Industry Updates
Argentina hotels struggling to generate occupancy momentum
7 Juli 2021
Most of South America’s hotel industry continues to stagnate, and Argentina stands out as a country unable to generate recovery momentum to this point.
Tags
Hotels
Industry Updates
Historical Data
Central and South America
Central/South America’s hotel pipeline is weak, but a handful of markets project significant growth
7 Juli 2021
Hotel development in the Central and South America region is lagging the rest of the world, but a handful of markets are projected for significant supply growth.
Tags
Central and South America
Hotels
Industry Updates
Supply and Development
Mixed picture: Occupancy on the books in Barcelona and the Balearic Islands
5 Juli 2021
Hotel occupancy on the books in Barcelona and the Balearic Islands shows a mixed, but improved picture. We’re keeping a close eye on the Balearics with its green list status in the U.K.
Tags
Europe
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 26 June 2021
2 Juli 2021
While summer travel has not yet been “record-breaking” as some predicted, growth for the U.S. hotel industry has simply been spectacular over the past month. We expect that June will produce more than 110 million room nights sold, the most since October 2019.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
The Next Normal: Hotel Benchmarking Post-Pandemic
29 Juni 2021
After record-breaking disruptions to the global hotel industry, traditional year-over-year comparisons are far less actionable when benchmarking hotel performance data. During the Hotel Data Conference: Global Edition, we discussed how to benchmark most effectively as the industry recovers.
Tags
Hotels
Benchmarking
Global
Recovery
U.S. Market Recovery Monitor - 19 June 2021
24 Juni 2021
The “summer travel surge” continued this past week as U.S. hotel occupancy hit an 85-week high at 68.0% for the week ending 19 June 2021.
Tags
North America
Benchmarking
Hotels
Recovery
Industry Updates
Video: U.S. performance results for May 2021
24 Juni 2021
U.S. performance results for May 2021
Tags
North America
Industry Updates
Hotels
Video
Video: U.K. performance results - Green shoots as hotels reopen
24 Juni 2021
U.K. performance results - Green shoots as hotels reopen
Tags
Europe
Industry Updates
Hotels
Video
Taiwan hotel performance update
21 Juni 2021
Taiwan is far behind in the recovery process due to a slow vaccination rate and the emergence of new virus variants amid reopening.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
U.S. Market Recovery Monitor - 12 June 2021
17 Juni 2021
U.S. hotel industry occupancy soared to its highest level since November 2019, reaching 66.0% for the week ending 12 June 2021.
Tags
North America
Hotels
Recovery
Industry Updates
Benchmarking
The definitive guide to hotel parking counts
17 Juni 2021
In the past, STR has received questions regarding average parking space at U.S. hotels. Most of the time, those questions have come from developers looking to support plans that include parking structures.
Tags
North America
Hotels
Benchmarking
Saudi Arabia performance peaks as borders reopen
16 Juni 2021
Saudi Arabia’s reliance on domestic demand served the market well during its lengthy lockdown, and key markets Riyadh and Jeddah have not suffered from reopening borders, although for different reasons.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
North Africa hotel performance update
15 Juni 2021
Hotel performance in the North Africa region is improving, but occupancy levels are well below the 2019 recovery benchmark.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
Resorts leading recovery in Brazil
14 Juni 2021
Brazil´s resorts have seen considerable upward movement with leisure demand growing robustly in the country.
Tags
Central and South America
Industry Updates
Historical Data
Hotels
Bogotá hotel performance update: what’s next?
14 Juni 2021
While COVID-19 vaccination programs continue to inoculate travelers around the world, lockdowns in many regions have yet to fully lift, leading to continued challenges. Bogotá, where a lockdown until June along with protests in Colombia have led to a significant impact on hotel performance.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Central and South America
U.S. Market Recovery Monitor - 5 June 2021
10 Juni 2021
For the week ending 5 June 2021, U.S. industry occupancy increased ever so slightly to 61.9%, up +0.2 points from the previous week. Room demand increased for a fifth straight week but by its smallest amount of the past four weeks.
Tags
Hotels
North America
Recovery
Benchmarking
Industry Updates
Measuring South America’s ADR recovery
9 Juni 2021
April produced South America’s first year-over-year increase in ADR since 2019. But absolute levels remain well behind the pre-pandemic comparables. One key market (Lima) is even further behind.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 29 May 2021
4 Juni 2021
As anticipated, the Memorial Day weekend ushered in the highest occupancy the U.S. industry has seen since the start of the pandemic. For the week ending 29 May 2021, weekly occupancy reached 61.8%, the highest level since the final week of February 2020.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
How will summer holidays impact hotel performance in Spain & Portugal?
3 Juni 2021
July and August are two of Spain’s and Portugal’s most important hotel performance months. Where do those markets stand ahead of summer and what are the expectations for the coming months?
Tags
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Video: India hotel performance and factors that will help shape the upcycle
3 Juni 2021
India hotel performance and factors that will help shape the upcycle
Tags
Video
Asia Pacific
Industry Updates
Hotels
COVID-19 webinar summary: 5 key points on the Middle East & Africa hotel performance, 26 May
1 Juni 2021
On 26 May, we analyzed hotel performance in the Middle East & Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Middle East and Africa
Webinar
Benchmarking
Hotels
Industry Updates
U.S. Market Recovery Monitor - 22 May 2021
27 Mai 2021
The leisure-led demand surge marched forward with U.S. industry occupancy hitting 60.3%, surpassing the 60% level for the first time since early March 2020.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Labor Day Holiday Impact in China
26 Mai 2021
China’s Labor Day holiday stimulated travel demand and provided a noticeable boost to hotel performance. Thanks to an additional day during the holiday period, the rise in performance pushed levels beyond another recent holiday and even some 2019 comparables.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.K. performance results through 16 May and Edinburgh's occupancy on the books
25 Mai 2021
U.K. performance results through 16 May and Edinburgh's occupancy on the books
Tags
Europe
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 15 May 2021
20 Mai 2021
U.S. hotel demand, occupancy, ADR and RevPAR all reached or were near pandemic-era highs. Further, all four measures hit pandemic highs when looking strictly at the weekend.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Video: U.S. performance results for April 2021
20 Mai 2021
U.S. performance results for April 2021
Tags
North America
Industry Updates
Hotels
Video
How long will Thailand’s occupancy declines persist?
18 Mai 2021
Occupancy in Thai markets like Bangkok fell after Songkran. How long will those declines persist? The answer can be found in Forward STAR.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
Montreal’s forward-looking data not reflecting much optimism at the moment
14 Mai 2021
Montreal hoteliers had one future bookings spike on their calendar. That disappeared when the Canadian Grand Prix was officially moved. Read more about the market’s struggles amid indefinite lockdown in this latest Forward STAR piece.
Tags
North America
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 8 May 2021
13 Mai 2021
The occupancy doldrums remained in place with U.S. occupancy falling to an eight-week low (56.7%) during 2-8 May 2021. Using STR’s TRI methodology, which considers hotels that are temporarily closed, occupancy dropped to 54.2%.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Ramadan and Eid al-Fitr impact on Middle East hotel occupancy
13 Mai 2021
The Ramadan and Eid al-Fitr impacts on hotel occupancy look a bit different this year, but the latter may be a bright spot for some markets. An analysis of historical and future data will explain.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
Forward Data
Building a Comp Set – Best Practices
12 Mai 2021
Without a comp set you’re left guessing as to where you can improve the performance of your property or portfolio, learn the best practices for building yours here.
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics
Singapore Q1 2021 hotel performance update
11 Mai 2021
Singapore hotels posted higher Saturday hotel rates in March—at levels not seen since December 2020. Moving forward, we expect ADR to continue a slow climb, as more high-end hotels have stopped taking quarantine guests at low rates and allotment of 100% occupancy.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
U.K. occupancy-ADR correlation
10 Mai 2021
How does ADR in U.K. markets correlate with specific occupancy ranges? We answer that question from a pre-pandemic perspective to set the stage for the reopening of hospitality in the country. Read more.
Tags
Europe
Hotels
Industry Updates
Historical Data
Window of Opportunity: Analyzing Current Volatility and Consumer Confidence
10 Mai 2021
When will customers have the confidence to book 12 months in advance? When will events return with notable capacities? In this latest article, we use forward-looking data to analyze two of the major contributing factors to the reduction of booking windows: volatility and consumer confidence.
Tags
Global
Hotels
Industry Updates
Forward Data
Benchmarking
Window of Opportunity: Analyzing Shifts in Booking Trends
10 Mai 2021
How has the pandemic impacted booking windows? What do hotels need to consider when competing for short-lead transient business?
Tags
Global
Hotels
Industry Updates
Forward Data
Benchmarking
U.S. Market Recovery Monitor - 1 May 2021
6 Mai 2021
For a third week, U.S. hotel occupancy remained just above 57% and 54% on a TRI basis, which accounts for temporarily closed hotels. Room demand fell slightly with the weekly level staying above 21 million for a seventh consecutive week.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
COVID-19 webinar summary: 5 key points on Europe hotel performance, 30 April
4 Mai 2021
On 30 April, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Benchmarking
Hotels
Industry Updates
Songkran brings temporary joy to hotels and travelers
3 Mai 2021
One of Thailand’s most important celebrations each year, Songkran provided a modest impact on hotel performance during the festive period in 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Analyzing recovery: Total Room Inventory vs. STR Standard methodology
30 April 2021
Occupancy has long been one of the key hotel performance metrics measured by STR. However, even this traditional metric has not escaped the impacts of COVID-19.
Tags
Global
Educational
Hotels
Benchmarking
Recovery
U.S. Market Recovery Monitor - 24 April 2021
29 April 2021
Hotel performance growth appears to be on hold when compared with the solid gains seen during the spring break period. In a week-over-week comparison, U.S. hotel occupancy was flat during 18-24 April at 57.3%.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Video: U.K. performance results - March 2021 and occupancy on the books
27 April 2021
U.K. performance results - March 2021 and occupancy on the books
Tags
Europe
Industry Updates
Hotels
Video
Spring break a big splash for Florida hotels
26 April 2021
Spring Break 2021 didn’t just dive in, it made a cannonball-sized splash for Florida hotels and other U.S. destinations.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Video: U.S. performance results for March 2021
22 April 2021
U.S. performance results for March 2021
Tags
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 17 April 2021
22 April 2021
As expected, due to the end of the spring break leisure season, U.S. industry recovery came to a pause during the week ending 17 April as demand fell 4% week over week. The good news, room demand remained above 21 million for a fifth consecutive week.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Forecast: How quickly will Mumbai get back on the recovery track?
20 April 2021
After an auspicious start to its performance recovery, Mumbai’s hotel industry appeared ready to continue setting the trend for urban markets in 2021. However, a second wave of COVID-19 cases has called a temporary halt to the market’s success.
Tags
Asia Pacific
Hotels
Industry Updates
Forecast
2021 Chinese New Year impact
19 April 2021
One of the largest global celebrations each year is, undoubtably, Chinese New Year. Although the celebration this year (11-17 February 2021) felt different for the country, there was a noticeable impact around hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 10 April 2021
15 April 2021
The week of 4-10 April was all about demand. The number of U.S. room nights sold surged to 22 million, which was the most since the start of the pandemic. As a result, occupancy reached 59.7%, also the highest level of the past year.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
U.S. Market Recovery Monitor - 3 April 2021
8 April 2021
Weekly RevPAR rose to US$65.34, which was a 4.2% increase week over week and the industry’s highest level of the past 56 weeks when indexed to 2019.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Majority of India hotel markets remain in Recession territory
5 April 2021
India hotels achieved a 50% occupancy level in February, which was the first time the country eclipsed that monthly mark since the start of the pandemic.
Tags
Asia Pacific
Hotels
Recovery
Industry Updates
Benchmarking
U.S. Market Recovery Monitor - 27 March 2021
1 April 2021
With Spring Break waning, it wasn’t surprising to see performance slow a bit during the week. Room demand, which was 350,000 less than the week of 20 March, was still above 21 million for a second straight week. Before the week of 20 March, that level had not been seen since before the pandemic.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Bali trailing other Indonesian markets in hotel performance recovery
29 März 2021
Indonesia finished 2020 in similar shape as its regional peers. Domestic demand was strong enough to lift hotel occupancy from pandemic low points but not sufficient to overcome the void in international travel. The impact from lost international demand is most obvious in Bali.
Tags
Asia Pacific
Hotels
Historical Data
Recovery
America's Cup lifts Auckland occupancy to 2021 high
29 März 2021
The 36th America’s cup, originally scheduled to start on 6 March 2021, was delayed a few days because of lockdown in measures in Auckland. Fortunately for hoteliers, a lift in demand was right on time and helped push the market’s daily occupancy to its highest level for this early portion of 2021.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.S. performance results for February 2021
25 März 2021
U.S. performance results for February 2021
Tags
North America
Industry Updates
Hotels
Video
Video: U.K. performance results - A look back and a look forward
25 März 2021
U.K. performance results - A look back and a look forward
Tags
Europe
Hotels
Industry Updates
Video
U.S. Market Recovery Monitor - 20 March 2021
25 März 2021
Occupancy hit yet another pandemic high of 58.9%. Even when switching to STR’s TRI methodology, which factors in those properties temporarily closed due to the pandemic, occupancy still came in at 55.7%. Occupancy, regardless of methodology, has been on a steady rise since late January.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Sanya surpasses other APAC 'resort' destinations during holiday periods
22 März 2021
Closed borders continue to limit the recovery ability of many destinations in the Asia Pacific region. However, Sanya, the southernmost city on China’s Hainan Island, continues to stand out thanks to high levels of domestic tourism.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 13 March 2021
18 März 2021
The U.S. achieved its highest absolute weekly RevPAR ($53.45) since the week ending 14 March 2020. When indexed against 2019, RevPAR was 57% of the level achieved during the comparable week in 2019. Similar to the most recent weeks, that RevPAR index remains well in the recession classification.
Tags
North America
Hotels
Recovery
Benchmarking
Industry Updates
Dubai and Abu Dhabi bookings affected by uncertainty
12 März 2021
Hotels in the Middle East have shown resilience throughout the pandemic, with performance at higher levels compared to other parts of the world.
Tags
Middle East and Africa
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 6 March 2021
11 März 2021
A weekly Market Recovery Monitor that will categorize each STR-defined U.S. market based on an indexed comparison with the same time periods in 2019.
Tags
North America
Hotels
Industry Updates
Benchmarking
Recovery
Patience is key on Europe’s road to recovery
8 März 2021
There’s a saying that “before things get better, they’ll get worse.” Unfortunately, Europe is aligning with that philosophy. Hotel performance will get better, but hoteliers are going to need to exercise a lot of patience in the meantime.
Tags
Europe
Hotels
Industry Updates
Historical Data
Forecast
Video: U.K. performance results for January 2021
2 März 2021
U.K. performance results for January 2021
Tags
Europe
Hotels
Industry Updates
Video
Pandemic impact on Africa’s development pipeline
1 März 2021
Africa’s hotel performance has been greatly altered by the pandemic, but development on the continent continues to move forward.
Tags
Middle East and Africa
Hotels
Industry Updates
Supply and Development
Africa hotel performance update
1 März 2021
We previously analyzed the pandemic impact on the hotel development pipeline in Africa. Next, we dig further into the region with a look at performance recovery.
Tags
Middle East and Africa
Hotels
Industry Updates
Historical Data
Video: U.S. performance results for January 2021 and forecast
25 Februar 2021
U.S. performance results for January 2021 and forecast
Tags
North America
Industry Updates
Hotels
Video
Latin America regional markets: recovery leaders
23 Februar 2021
Regional markets in Latin America continue to lead recovery as performance in key cities has lagged. In this article, we analyzed that trend for several key markets to assess where occupancy recovery stood at the end of 2020.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
How are quarantine guests impacting future bookings in the U.K.?
22 Februar 2021
With hotels contracted to house those quarantined travellers, we look to Forward STAR to determine the impact on future bookings around London’s key airports: Heathrow and Gatwick.
Tags
Europe
Hotels
Industry Updates
Forward Data
Update on Brazil: Leisure vs. Corporate destinations
22 Februar 2021
Since Brazil started to emerge from COVID-19 isolation, domestic leisure demand has returned at a modest level while international and group demand are unlikely to return in the short-term restrictions remain in place.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on Middle East & Africa hotel performance, 16 February
18 Februar 2021
On 16 February, we analyzed hotel performance in Middle East & Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Middle East and Africa
Hotels
Industry Updates
Benchmarking
Beach destinations lead New Year’s performance in Latin America
17 Februar 2021
Latin America’s beach destinations, always popular on the international and domestic tourist trails, have been key to hotel performance recovery even with restrictions on international travel.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Cyprus room rates soar as occupancy lags in the pandemic world
12 Februar 2021
For most of 2020, Cyprus hotels performed like the rest of the Mediterranean region—except when it came to average daily rate (ADR).
Tags
Middle East and Africa
Hotels
Industry Updates
Benchmarking
Historical Data
COVID-19 webinar summary: 5 key points on Brazilian hotel performance, 9 February
11 Februar 2021
On 9 February, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Central and South America
Hotels
Industry Updates
Benchmarking
From first place to MVP – A look at which U.S. markets “outperformed” in 2020
9 Februar 2021
2020 wasn’t all bad for some U.S. markets. From first place to MVP, we ranked the top occupancy markets and those that performed closest to their 2019 occupancy levels.
Tags
North America
Hotels
Industry Updates
Benchmarking
Forecast
COVID-19 webinar summary: 5 key points on Latin America hotel performance, 2 February
8 Februar 2021
On 2 February, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Benchmarking
Hotels
Industry Updates
Are travel incentives lifting demand in the hotel sector?
5 Februar 2021
We look at countries that have implemented various incentives to help increase demand lost to the global pandemic.
Tags
Global
Hotels
Tourism
Industry Updates
Historical Data
Key events lifting U.K. hotel occupancy later in 2021
4 Februar 2021
For many parts of the world, hotel performance is forecasted for more meaningful improvement during the second half of 2021. That optimism is underpinned by the assumption of widespread vaccination distribution, lower COVID-19 case numbers and improved context for travel and events.
Tags
Europe
Hotels
Industry Updates
Forward Data
Historical Data
Video: Canada performance results for year-end 2020
4 Februar 2021
Canada performance results for year-end 2020
Tags
North America
Industry Updates
Hotels
Video
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 29 January
3 Februar 2021
On 29 January, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Industry Updates
Hotels
Benchmarking
France’s occupancy timeline, with a look to the future
29 Januar 2021
With most of Europe struggling at the end of the year, three of France’s key markets were among the continent’s top occupancy performers in December.
Tags
Europe
Hotels
Industry Updates
Forward Data
Historical Data
Video: U.S. performance results for year-end 2020
28 Januar 2021
U.S. performance results for year-end 2020
Tags
North America
Industry Updates
Hotels
Video
Maldives hotel performance rebounds during festive period
27 Januar 2021
For a country whose economy is driven by tourism, a setback was imminent for the Maldives when considering the global pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.K. performance results for December 2020 and a quick look at year-end data
22 Januar 2021
U.K. performance results for December 2020 and a quick look at year-end data
Tags
Europe
Industry Updates
Hotels
Video
COVID-19 webinar summary: 5 key points on Europe hotel performance, 15 January
20 Januar 2021
On 15 January, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Benchmarking
Hotels
Industry Updates
Mexico: A story of steady recovery
7 Januar 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 Januar 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
Demand may be moving markets during Australia’s summer season
31 Dezember 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 Dezember 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
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 17 December
22 Dezember 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 Dezember 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 Dezember 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
Tags
Global
Hotels
Industry Updates
Benchmarking
Video: U.S. performance results for November 2020
18 Dezember 2020
U.S. Performance Results for November 2020
Tags
North America
Hotels
Industry Updates
Video
Benchmarking
Caribbean Hotel Update: Crisis and Recovery
9 Dezember 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
How did crises of the last two decades impact APAC hotel profitability?
7 Dezember 2020
While COVID-19 has presented unprecedented challenges for the global hotel industry, looking back at past situations shows the industry’s ability to recover. STR’s research revolved around seven major countries in the region: Australia, China, Indonesia, Japan, Malaysia, Singapore and Thailand.
Tags
Asia Pacific
Profit and Loss
Hotels
Educational
How U.S. drive-to leisure destinations transitioned from summer to fall
4 Dezember 2020
Many leisure travelers made the most of the early fall, with several popular drive-to vacation spots experiencing an extended leisure-driven performance in September and October 2020.
Tags
North America
Hotels
Industry Updates
Benchmarking
COVID-19 webinar summary: 5 key points on Latin America hotel performance, 1 December
3 Dezember 2020
On 1 December, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Industry Updates
Historical Data
Webinar
Tales from Turkey: ADR conundrum in 2020
3 Dezember 2020
Turkey’s hotel average daily rate (ADR) has grown exponentially in recent months despite the global pandemic depressing rates most everywhere else in the world.
Tags
Europe
Industry Updates
Hotels
Historical Data
Go Goa Gone!
3 Dezember 2020
Goa, a market that took some time to initially bounce back, has been building momentum since October with outperforming other leisure markets in the country and demand peaking during the Diwali weekend.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Asia Pacific recovery depends on domestic travel…or suitable substitutes
30 November 2020
Recovery in the Asia Pacific region demonstrates the importance of domestic travel, as a country’s historic reliance on domestic demand directly impacts its hotel performance today.
Tags
Asia Pacific
Industry Updates
Historical Data
Hotels
Pandemic impact on the Southern Cone's development pipeline
30 November 2020
After analyzing the pandemic impact on the hotel pipeline in Australia and New Zealand, STR jumps regions to look at the COVID-19 impact on hotel development in the Southern Cone (Chile, Uruguay, and Argentina).
Tags
Central and South America
Hotels
Historical Data
Industry Updates
Attrition high in Brazil’s hotel pipeline
27 November 2020
STR recently analyzed the pandemic impact on hotel development in Southern Cone countries. Brazil’s southern states also sit within that cone, but rather than limit the analysis, we looked at the pipeline for all of Brazil.
Tags
Central and South America
Hotels
Supply and Development
Video: U.K. Performance Results for October 2020 and the Impact of the Second Lockdown
24 November 2020
U.K. Performance Results for October 2020 and the Impact of the Second Lockdown
Tags
Europe
Hotels
Industry Updates
Video
Benchmarking
Video: U.S. Performance Results for October 2020
19 November 2020
U.S. Performance Results for October 2020 and forecast for 2020/2021
Tags
North America
Industry Updates
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 13 November
18 November 2020
On 13 November, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
Where is Colombia in the recovery cycle?
11 November 2020
On 1 September, Colombia lifted one of Latin America's longest COVID-19 lockdowns, scrapping most restrictions after more than five months of quarantines. Now the focus is on how much this lockdown will impact hotel performance into the coming months.
Tags
Central and South America
Industry Updates
Historical Data
Hotels
COVID-19 webinar summary: 5 key points on Europe hotel performance, 6 November
10 November 2020
On 6 November, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Europe
Hotels
Benchmarking
The Indian Ocean: two-speed road to performance recovery
9 November 2020
The two island countries in the Indian Ocean– the Maldives and Sri Lanka—have witnessed contrasting patterns in hotel performance as a result of the COVID-19 pandemic.
Tags
Asia Pacific
Hotels
Industry Updates
Historical Data
Performance update on Malaysia, Indonesia and the Philippines
6 November 2020
Popular Southeast Asian destinations have a long way to go in recovery from the global pandemic. For now, Malaysia, Indonesia and the Philippines are showing a similar trend to most of the world with regional markets outperforming the large cities.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
A look back at the summer for U.S. hotels
6 November 2020
The autumn months have not been as kind as the summer for U.S. hotels. With lower performance expected for the coming months, we look back at how leisure travel lifted the U.S. from pandemic lows.
Tags
North America
Industry Updates
Historical Data
Supply and Development
Hotels
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 30 October
4 November 2020
On 30 October, we analyzed hotel performance in the Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on U.S hotel performance, 27 October
3 November 2020
On 27 October, we analyzed hotel performance in the U.S amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
North America
Hotels
Benchmarking
Regional destinations ahead in Costa Rica’s recovery
3 November 2020
As Latin American countries begin to emerge from COVID-19 isolation, new trends in hotel performance have emerged, suggesting a clear preference for regional destinations. Costa Rica has been no exception.
Tags
Central and South America
Industry Updates
Historical Data
Hotels
Japan regional markets: recovery leaders
27 Oktober 2020
As entry restrictions for international travelers in Japan remain in place, new trends in hotel performance have emerged. Recent data suggests a distinct preference for regional destinations, helped in part by the Japanese government’s “Go to Travel” campaign.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Pacific countries: From the highs to the lows, where does performance stand now?
27 Oktober 2020
Where exactly do Pacific countries stand now? We look at how performance has changed over the course of the pandemic.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Staycations lifted U.K. hotel performance during a much different summer. What’s next?
26 Oktober 2020
We look back at the impact of leisure holidays on the U.K. summer and look ahead with data powered by Forward STAR.
Tags
Europe
Industry Updates
Hotels
Forward Data
Video: U.S. Performance Results for Q3 2020
23 Oktober 2020
U.S. Performance Results for Q3 2020
Tags
North America
Video
Hotels
Industry Updates
Benchmarking
Video: A deep dive into the U.S. pipeline - September 2020
21 Oktober 2020
Discover insights into the U.S. pipeline, including where certain chain scales, brands and markets stand with this short, 6-minute video.
Tags
North America
Video
Industry Updates
Hotels
Supply and Development
Vietnam's pandemic mitigation efforts stall recovery and impact pipeline development
21 Oktober 2020
Vietnam’s pandemic mitigation efforts have come with slow occupancy recovery and affected what was a development hot spot.
Tags
Asia Pacific
Industry Updates
Hotels
Supply and Development
Evolution in benchmarking: Composite Comp Sets
19 Oktober 2020
In October 2020, STR launched the Composite Comp Set, an evolution of competitive set benchmarking that will provide hotel industry stakeholders more flexibility and control in an ever-evolving global marketplace.
Tags
Global
Educational
Benchmarking
Hotels
Has Argentina’s recovery started?
19 Oktober 2020
Argentina had some of Latin America’s lowest occupancy levels (below the 10% mark). How has the country’s longer lockdown affected hotel performance recovery? Find out more here.
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Key factors to recover business demand
15 Oktober 2020
Read about the key factors in recovering business demand and how the hotel sector influences elements of this recovery.
Tags
Europe
Educational
Hotels
Historical Data
Managing admin & general expenses to mitigate revenue losses
14 Oktober 2020
Admin & general expenses are just one area hoteliers can manage to mitigate profit losses in the current operating environment.
Tags
Global
Educational
Hotels
Profit and Loss
Europe’s recovery from the last recession
9 Oktober 2020
Major economies in Europe, including the U.K. and those in the Eurozone, recently confirmed what we already suspected. Economies across the continent have entered an economic recession because of the impact of COVID-19—an impact that has been devastating for the hospitality industry.
Tags
Europe
Industry Updates
Hotels
Historical Data
Germany, Austria, Switzerland: resilient markets
8 Oktober 2020
Adapting to shifts and fluctuations in demand has always been a key advantage in moving hotel performance forward. Following a pattern similar to markets in other parts of the world—like China—the DACH region has managed to recover its occupancy at a faster pace than most markets in Europe.
Tags
Europe
Industry Updates
Hotels
Historical Data
COVID-19 webinar summary: 5 key points on Brazil hotel performance, 29 September
8 Oktober 2020
On 29 September, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 2 October
7 Oktober 2020
On 2 October, we analyzed hotel performance in Asia Pacific, specifically Southeast Asia amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Webinar
Asia Pacific
Hotels
Benchmarking
Where is Brazil in the recovery cycle?
5 Oktober 2020
Brazil, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. However, reopening measures are determined on a state level. How has this affected Brazil’s recovery?
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development
Tracking Peru's recovery
1 Oktober 2020
On 16 March, Peru imposed one of the earliest, strictest, and longest lockdowns in Latin America to stop the spread of COVID-19. The county's borders were shut, curfews were imposed, and residents were only permitted to leave their homes for essential goods.
Tags
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development
A deep dive into Japan’s road to recovery
29 September 2020
While many nations have lifted COVID-19-related limits on travelers, entry restrictions for international travelers in Japan remain in place. However, the Japanese government has launched a “Go to Travel” campaign to promote domestic travel and help boost local businesses.
Tags
Asia Pacific
Industry Updates
Hotels
Historical Data
Video: U.S. performance results for week ending September 19
24 September 2020
U.S. performance results for week ending September 19
Tags
North America
Video
Industry Updates
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on Turkish hotel performance, 15 September
22 September 2020
On 15 September, we analyzed hotel performance in Turkey amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Webinar
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on Latin America hotel performance, 16 September
22 September 2020
On 16 September, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Webinar
Hotels
Benchmarking
Video: U.K. performance results for September 7 through September 13
17 September 2020
U.K. performance results for September 7 through September 13
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking
Video: U.S. performance results for week ending September 12
17 September 2020
U.S. performance results for week ending September 12
Tags
North America
Video
Industry Updates
Hotels
Benchmarking
Thailand: Where does recovery stand?
17 September 2020
Thailand, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. But while hotel occupancy improves in the market, levels remain well below pre-pandemic levels with full recovery not expected for years.
Tags
Hotels
Industry Updates
Asia Pacific
Historical Data
New Zealand: one of the early success stories of recovery around the world
17 September 2020
Asia Pacific countries have been no exception to the unprecedented performance declines, but some of the region’s nations stand out in the earliest phases of industry recovery. New Zealand is one of them.
Tags
Asia Pacific
Hotels
Industry Updates
Forward Data
Historical Data
COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September
15 September 2020
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Industry Updates
Hotels
Forward Data
Historical Data
Europe
Video: U.K. performance results for August 31 through September 6
10 September 2020
U.K. performance results for August 31 through September 6
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking
Video: U.S. performance results for week ending September 5
10 September 2020
U.S. performance results for week ending September 5
Tags
North America
Video
Industry Updates
Hotels
Benchmarking
How is the “second wave” affecting hotel performance in Belgium?
4 September 2020
Belgium, saw a 23.3% occupancy level for the week ending 23 August after posting a 24.6% occupancy for the week ending 16 August. Now the focus is whether this second-wave impact will extend into the coming months.
Tags
Industry Updates
Hotels
Forward Data
Historical Data
Europe
Video: U.K. performance results for August 24 through August 30
3 September 2020
U.K. performance results for August 24 through August 30
Tags
Europe
Video
Industry Updates
Hotels
Benchmarking
Video: U.S. performance results for week ending August 29
3 September 2020
U.S. performance results for week ending August 29
Tags
North America
Video
Industry Updates
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on Mexico and Caribbean hotel performance, 27 August
2 September 2020
On 27 August, we analyzed hotel performance in Mexico and the Caribbean amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Industry Updates
Historical Data
North America
COVID-19 webinar summary: 5 key points on European hotel performance, 7 August
11 August 2020
On 7 August, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Industry Updates
Forward Data
Historical Data
Europe
COVID-19 webinar summary: 5 key points on Benelux hotel performance, 30 July
3 August 2020
On 31 July, we analyzed hotel performance in the Benelux amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Historical Data
Forward Data
Industry Updates
COVID-19 webinar summary: 5 key points on Poland, Czech Republic and Hungary hotel performance, 28 July
29 Juli 2020
On 28 July, we analyzed hotel performance in Poland, Czech Republic and Hungary amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Forward Data
Historical Data
Industry Updates
Video: India hotel performance update
28 Juli 2020
A look at COVID-19's impact on India's hotel performance.
Tags
Asia Pacific
Video
Benchmarking
Industry Updates
Hotels
COVID-19 webinar summary: 5 key points on U.K. and Ireland hotel performance, 24 July
28 Juli 2020
On 24 July, we analyzed hotel performance in the U.K. and Ireland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Hotels
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on DACH hotel performance, 21 July
22 Juli 2020
On 21 July, we analyzed hotel performance in the DACH region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Europe
Historical Data
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 17 July
21 Juli 2020
On 17 July, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Asia Pacific
A look at pipeline completion times across Europe
20 Juli 2020
The number of new room openings across Europe has increased consistently over the last decade. Over that span, the industry went from roughly 50,000-60,000 new room openings per year to more than 70,000 in 2018 and 2019.
Tags
Europe
Industry Updates
Hotels
Historical Data
COVID-19 webinar summary: 5 key points on Spain & Portugal hotel performance, 14 July
15 Juli 2020
On 14 July, we analyzed hotel performance in Spain and Portugal amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Europe
Forward Data
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on Middle East and Africa hotel performance, 9 July
10 Juli 2020
On 9 July, we analyzed hotel performance in the Middle East and Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Middle East and Africa
Webinar
Hotels
Benchmarking
COVID-19 webinar summary: 5 key points on France hotel performance, 7 July
8 Juli 2020
On 7 July, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Forward Data
Hotels
Industry Updates
Historical Data
Europe
COVID-19 webinar summary: 5 key points on Europe hotel performance, 2 July
6 Juli 2020
On 2 July, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Industry Updates
Hotels
Historical Data
Benchmarking can help restructure debt, avoid closures
1 Juli 2020
During a recent webinar on the impacts of COVID-19 on European hotels, STR Managing Director Robin Rossmann drew on his experience at Deloitte and shared with viewers an important practical application of benchmarking.
Tags
Educational
Industry Updates
Benchmarking
Hotels
COVID-19: Impact on forward hotel bookings in key European markets
1 Juli 2020
To provide a forward-looking view of the COVID-19 impact on hotel performance, STR utilized data from Forward STAR to analyze business on the books for key European hotel markets.
Tags
Hotels
Forward Data
Industry Updates
Europe
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 19 June
19 Juni 2020
On 19 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Industry Updates
Historical Data
Forward Data
COVID-19 webinar summary: 5 key points on Europe hotel performance, 18 June
19 Juni 2020
On 18 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Europe
Historical Data
Industry Updates
COVID-19 webinar summary: 5 key points on Europe hotel performance, 4 June
4 Juni 2020
On 4 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Industry Updates
Webinar
Hotels
Benchmarking
Forward Data
COVID-19 webinar summary: 5 key points on Middle East and Africa hotel performance, 3 June
4 Juni 2020
On 3 June, we analyzed hotel performance in the Middle East and Africa region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Middle East and Africa
Industry Updates
Webinar
Hotels
Benchmarking
Forward Data
How to analyze your P&L statement
26 Mai 2020
How can you analyze your P&L statement to better understand your profitability data? We discuss the components of a P&L statement, plus some tips and pitfalls you might experience along the way.
Tags
Global
Educational
Hotels
Profit and Loss
COVID-19 webinar summary: 5 key points on Europe hotel performance, 21 May
22 Mai 2020
On 21 May, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Europe
Industry Updates
Historical Data
Was ist LPAR?
25 Juni 2024
LPAR (Labor per Available Room) ist eine hilfreiche Benchmarking-Kennzahl, um das richtige Gleichgewicht zwischen Rentabilität und Personalbedarf zu finden.
Tags
Global
Educational
Hotels
Profit and Loss
COVID-19 webinar summary: 5 key points on Belgium hotel performance, 19 May
20 Mai 2020
On 19 May, we analyzed hotel performance in Belgium amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Forward Data
Historical Data
Industry Updates
Hotels
Your guide to Profit and Loss (P&L) Terminology
18 Mai 2020
Understanding profit and loss terminology is key to successfully analyzing your P&L statements and getting a handle on your property’s performance. Equally important is the use of standardized terminology.
Tags
Global
Educational
Hotels
Profit and Loss
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 15 May
18 Mai 2020
On 15 May, we analyzed hotel performance in the Pacific region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Asia Pacific
Forward Data
Historical Data
Industry Updates
COVID-19 webinar summary: 5 key points on Middle East and Africa, 7 May
11 Mai 2020
On 7 May, we analyzed hotel performance in the Middle East and Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Middle East and Africa
COVID-19 webinar summary: 5 key points on Europe, 7 May
11 Mai 2020
On 7 May, we analyzed hotel performance in Europe with a focus on Germany, Austria, and Switzerland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Europe
Industry Updates
Forward Data
Hotels
Historical Data
COVID-19 Webinar Summary: Five key points on Monthly P&L
8 Mai 2020
We recently launched Monthly P&L reporting, providing hotel operators an in-depth and timely look at profitability, which is especially valuable during the COVID-19 crisis. Read our summary of key points from the program's introductory webinar.
Tags
Global
Industry Updates
Webinar
Profit and Loss
Hotels
Hurry Up and Wait: Reflections on conducting research in a COVID-19 world
1 Mai 2020
The travel industry will recover from the impact of COVID-19, but the key questions currently are what we do in the meantime as researchers—and when? Chris Klauda, Senior Director, STR Market Insights, discusses this issue here.
Tags
Research
Tourism
Hotels
Industry Updates
U.S. ADR and RevPAR impact during the last two downturns
1 Mai 2020
With expectation of U.S. hotel performance declines around the COVID-19 outbreak, we analyzed U.S. ADR and RevPAR declines post-9/11 and post-2008.
Tags
North America
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America, 28 April
29 April 2020
On 28 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Central and South America
Hotels
Forward Data
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on U.K. & Ireland, 24 April
27 April 2020
On 24 April, we analyzed hotel performance in the U.K. & Ireland amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Historical Data
Europe
COVID-19 webinar summary: 5 key points on Mediterranean Europe, 23 April
24 April 2020
We provided updates on Spain and Portugal for the first time, as well as an update on Italy on Thursday, 23 April. Read the summary here.
Tags
Europe
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America, 21 April
22 April 2020
On 21 April, we analyzed hotel performance in the Latin America region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Hotels
Forward Data
Industry Updates
Central and South America
Historical Data
An introduction to Custom Forecasts and their power in making hotel market projections
21 April 2020
We’ve compiled a high-level overview of how Custom Forecasts can benefit you, including a new addition for those already familiar with the product.
Tags
Global
Hotels
Forecast
Educational
COVID-19 webinar summary: 5 key points on ASEAN, 16 April
17 April 2020
On 16 April, we analyzed hotel performance in the ASEAN region amid the COVID-19 pandemic. Read our summary with five key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on U.S. & Canada, 16 April
17 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 16 April U.S. & Canada webinar.
Tags
Hotels
Industry Updates
North America
Forward Data
Historical Data
COVID-19 webinar summary: 5 key points on Europe, 16 April
17 April 2020
We’ve summarised five key points from 16 April's Europe webinar, in which we discussed recovery, business on the books, forecasts and more.
Tags
Europe
Forward Data
Forecast
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America, 14 April
15 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 14 April Latin America webinar.
Tags
Forward Data
Industry Updates
Hotels
Central and South America
Historical Data
COVID-19 webinar summary: 5 key points on U.S. & Canada, 9 April
14 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 9 April U.S. & Canada webinar.
Tags
Hotels
North America
Industry Updates
Forward Data
Historical Data
COVID-19 webinar summary: 5 key points on Japan, 10 April
14 April 2020
How has COVID-19 affected Japan hotel performance? We've analyzed the impact here, including the Tokyo Olympics.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on the Middle East and Africa, 9 April
14 April 2020
We provided an update on Middle East and Africa hotel performance amid the COVID-19 pandemic.
Tags
Middle East and Africa
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on our Central and South Asia webinar, 9 April
9 April 2020
We analyzed hotel performance in Central and South Asia, with a focus on the Maldives, Sri Lanka and India, and have summarized the webinar's key points here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America (7 April)
8 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 7 April Latin America webinar.
Tags
Forward Data
Hotels
Industry Updates
Historical Data
Central and South America
COVID-19 webinar summary: 5 key points on our Central and Eastern Europe webinar, 7 April
8 April 2020
The Central and Eastern Europe (CEE) region has been no exception to the global hotel performance declines caused by COVID-19, and we've analyzed the situation in detail here.
Tags
Europe
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America (31 March)
6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 31 March Latin America webinar.
Tags
Hotels
Central and South America
Historical Data
Industry Updates
Forward Data
COVID-19 webinar summary: 5 key points on France, 3 April
6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 3 April France webinar.
Tags
Europe
Forward Data
Industry Updates
Historical Data
Hotels
COVID-19 webinar summary: 5 key points on our Mexico and Caribbean webinar, 3 April
6 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 3 April Mexico and Caribbean webinar.
Tags
North America
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on our Europe forecast webinar, 2 April
3 April 2020
What do 2020 and 2020 look like for hotel and tourism performance? We presented our forecast in partnership with Tourism Economics, and you can find a summary here.
Tags
Europe
Forecast
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on U.S. & Canada (2 April)
3 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 2 April U.S. and Canada webinar.
Tags
North America
Industry Updates
Hotels
Forward Data
Historical Data
COVID-19 webinar summary: 5 key points on China (1 April)
2 April 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 1 April China webinar.
Tags
Historical Data
Forward Data
Hotels
Industry Updates
Asia Pacific
COVID-19: India hotel performance impact
1 April 2020
Learn how the impact of COVID-19 intensified for India's hoteliers as March progressed. Read our full analysis here.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Pacific hotel performance, 27 March
30 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 27 March Pacific webinar.
Tags
Asia Pacific
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19: The impact on Africa hotel performance
27 März 2020
Like other global regions, the situation in Africa has progressively worsened in recent weeks as the COVID-19 pandemic impacts the hospitality industry. We've analyzed the impact in more detail here.
Tags
Middle East and Africa
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on U.S. & Canada (26 March)
27 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 26 March U.S. & Canada webinar.
Tags
North America
Historical Data
Hotels
Industry Updates
Forward Data
COVID-19 webinar summary: 5 key points on Asia (26 March)
27 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 26 March Asia webinar.
Tags
Asia Pacific
Forward Data
Historical Data
Industry Updates
Hotels
COVID-19 webinar summary: 5 key points on Europe hotel performance (weekly update, 26 March)
27 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 26 March Europe webinar.
Tags
Europe
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on Latin America hotel performance, 24 March
26 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 24 March Latin America webinar.
Tags
Central and South America
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19 webinar summary: 5 key points on the Middle East and Africa (25 March)
26 März 2020
To provide further insights into the impact of COVID-19 on hotel performance, we’ve compiled five key findings from this 25 March MEA webinar.
Tags
Middle East and Africa
Historical Data
Forward Data
Hotels
Industry Updates
COVID-19: Event cancellations impact Germany hotel performance
19 März 2020
Germany has faced a wave of event cancellations and postponements as the COVID-19 outbreak continues, we've analyzed the impact on hotel performance here.
Tags
Europe
Historical Data
Hotels
Events
Die Rolle von Rentabilitätsdaten in einer umfassenden Hotel-Benchmarking-Lösung
18 März 2020
Entdecken Sie mit unserem ausführlichen Leitfaden zur Rentabilität von Hotels eine weitere Ebene des Hotel-Benchmarkings. Erfahren Sie, wie Sie mithilfe einheitlicher Finanzinformationen intelligentere Entscheidungen treffen, den Umsatz steigern und die betriebliche Effizienz erhöhen können.
Tags
Profit and Loss
Hotels
Educational
Global
Industry Basics
How have past outbreak situations affected U.S. hotel demand?
12 März 2020
Amid the ongoing development of the COVID-19 outbreak, we analyzed the impact of SARS and N1H1 (also referred to as 'swine flu') on U.S. hotel demand.
Tags
North America
Historical Data
Hotels
Industry Updates
COVID-19: Impact on forward hotel bookings in key EMEA markets
9 März 2020
To provide a forward-looking view of the COVID-19 impact on hotel performance, STR analyzed business on the books for seven key EMEA hotel markets.
Tags
Europe
Middle East and Africa
Industry Updates
Forward Data
Hotels
Property closure numbers in China, reporting no-shows/cancellations
9 März 2020
To date, our sample shows 1,867 hotel closures in Mainland China. These 1,867 hotels were marked as Closed (with ‘Temporary/Renovation Closed’ status) from 1 February 2020 with an anticipated re-opening date where available.
Tags
Historical Data
Asia Pacific
Hotels
COVID-19: Impact on Italy hotel performance
6 März 2020
Over the last week, Italy has become a focal point of the COVID-19 outbreak. And to no surprise, the hotel performance impact has been significant. We analyze that impact here.
Tags
Europe
Historical Data
Hotels
Events
COVID-19: Impact of event schedule adjustments on Europe hotels
5 März 2020
Amid the ongoing COVID-19 outbreak, we’ve seen a number of large events and conferences postponed or cancelled in major markets around the world. In this latest analysis, we look closely at Europe.
Tags
Europe
Forward Data
Historical Data
Hotels
Events
How Holi and Diwali impact India hotel performance
27 Februar 2020
How do Holi and Diwali impact hotel performance in India? We've analyzed the festival effect across the country, read the full article here.
Tags
Asia Pacific
Historical Data
Hotels
Events
Coronavirus: Hotel performance impact around the Asia Pacific region
24 Februar 2020
In this latest hotel performance analysis around the outbreak of coronavirus (COVID-19), we look at the impact in key Asia Pacific destinations for Mainland China travelers.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
Video - 2019 U.S. Hotel Industry Year in Review
21 Februar 2020
Alison Hoyt (Senior Director of Consulting & Analytics) and Jan Freitag (Senior VP, Lodging Insights) cover the key industry metrics and trends of 2019.
Tags
North America
Historical Data
Hotels
Industry Updates
Looking back at the SARS outbreak and hotel performance recovery
14 Februar 2020
An analysis of hotel performance and recovery in China following the SARS outbreak in 2002-03.
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
Coronavirus: LinkedIn updates from STR experts
14 Februar 2020
Find all of our experts' LinkedIn updates on the coronavirus and its effect on hotel performance in one place.
Tags
Global
Hotels
Industry Updates
Global Hotel Supply: What drives hotel development and how has worldwide inventory evolved?
13 Februar 2020
How has worldwide hotel supply developed over the last 10 years? And what has driven development? We've analyzed the impact of events, tourism growth, and more here.
Tags
Global
Supply and Development
Hotels
Events
Industry Updates
Coronavirus outbreak: Hotel performance analysis for Europe
7 Februar 2020
As we continue to monitor the hotel performance impact around the outbreak of novel coronavirus (2019-nCoV), we've analyzed the effect on European markets.
Tags
Europe
Historical Data
Hotels
Industry Updates
Hotel Operating Expenses Checklist
6 Februar 2020
Download STR's Hotel Operating Expenses Checklist here and learn about the importance of completing this in your P&L data submission.
Tags
Profit and Loss
Hotels
Educational
Global
Coronavirus: Hotel performance analysis, data reporting
5 Februar 2020
Like the rest of the world, we continue to closely follow the situation around the outbreak of novel coronavirus (2019-nCoV).
Tags
Asia Pacific
Hotels
Industry Updates
Führt das abnehmende Interesse an Fashion Weeks zu einem Rückgang der Hotel-Performance?
17 März 2020
Das abnehmende Interesse an Fashion Weeks wurde in den letzten Jahren heftig diskutiert, wobei gelegentlich die Frage aufgeworfen wurde, ob das Konzept inzwischen veraltet, obsolet oder sogar komplett bedeutungslos geworden ist.
Tags
Europe
Historical Data
Hotels
Events
Hosting Super Bowl impacts host market hotel performance to varying degrees
29 Januar 2020
Hotels in Super Bowl host markets benefit from an influx of visitors during the mega event, which drives occupancy and rate increases. But how exactly are different host markets impacted by the NFL’s showpiece event?
Tags
North America
Historical Data
Hotels
Events that influenced 2019 hotel performance
21 Januar 2020
We’ve analyzed five key events that influenced global hotel markets in 2019, read all about them here.
Tags
Global
Historical Data
Hotels
Events
Was ist TRevPAR und warum ist er wichtig?
18 März 2020
Erfahren Sie, wie TRevPAR-Benchmarking für Ihr Geschäft von Vorteil sein kann.
Tags
Profit and Loss
Hotels
Educational
Global
Industry Basics
France hotel profitability in context: comparing performance against other key markets
19 Dezember 2019
How does profitability for hotels in France compare to other key European markets? This article discusses several key metrics.
Tags
Europe
Profit and Loss
Hotels
Industry Updates
Golden Week 2019 - China Hotel Market Data
16 Dezember 2019
Golden Week in China provides a notable boost to leisure tourism, family holidays and cultural tourism, but how did the 2019 National Holiday affect hotel performance?
Tags
Asia Pacific
Historical Data
Hotels
Industry Updates
The impact of Greece’s debt crisis on the tourism and hospitality industries
11 Dezember 2019
How has the 2009 debt crisis affected Greece's tourism and hospitality industries in the 10 years that followed? We've analysed room openings and closures, performance data and tourist arrivals in this article, read the full story here.
Tags
Europe
Historical Data
Supply and Development
Hotels
Industry Updates
Tokyo performance growth amplified by Rugby World Cup knockout stages
3 Dezember 2019
What effect is the 2019 Rugby World Cup having on hotel performance in Japan and its host markets? Read the full story here.
Tags
Asia Pacific
Historical Data
Hotels
How revenue managers should spend their time with STR data
20 November 2019
Learn how to allocate your time during different stages of the revenue management lifecycle and understand how to effectively spend your time with STR data.
Tags
Profit and Loss
Hotels
Educational
Global
Aktuelle Trends im Gastgewerbe mit 2020 im Blickfeld
20 Januar 2020
We've analysed six recent hospitality trends and discussed if they might continue into 2020, read the full story here.
Tags
Global
Historical Data
Hotels
Supply and Development
Industry Updates
Occupancy and ADR: Which is the biggest influence on a hotel’s bottom line?
13 November 2019
Whether occupancy or average daily rate has a greater influence on hotel profitability is an age-old hospitality question, we've taken a look at possible answers here.
Tags
Profit and Loss
Hotels
Industry Updates
F&B Case Study: Middle East/Africa
11 November 2019
This case study on 2018 profitability data focuses on the food and beverage trends of the Middle East/Africa region.
Tags
Middle East and Africa
Profit and Loss
Hotels
Industry Updates
Kundenzufriedenheit mit dem Hotel
21 Januar 2020
Learn about the factors that influence hotel customer satisfaction, from use of technology to budgets and beyond.
Tags
Research
Hotels
Industry Updates
6 of Europe’s successful hotel markets in 2019
15 Oktober 2019
With the end of the year approaching, we've analyzed six of Europe's successful hotel markets in 2019 thus far.
Tags
Europe
Historical Data
Hotels
Industry Updates
Scotland Hospitality Industry: An update on key market performance part 2
9 Oktober 2019
Discover which factors and stories are driving change in Scotland's hospitality industry. In part 2 we analyse Glasgow, Dundee and a handful of other markets.
Tags
Europe
Historical Data
Hotels
Industry Updates
Scotland Hospitality Industry: An update on key market performance part 1
9 Oktober 2019
Discover which factors and stories are driving change in Scotland's hospitality industry. In part 1 we analyse Edinburgh, Aberdeen and Inverness.
Tags
Europe
Historical Data
Hotels
Industry Updates
Barcelona: two years since the Catalonia independence referendum
30 September 2019
What effect did the Catalonia independence referendum protests have on Barcelona hotel performance? We've taken a look at performance since and the market's road to recovery.
Tags
Europe
Historical Data
Forecast
Hotels
Industry Updates
Israel Hotel Performance: 10 Year Overview
11 September 2019
Israel hotels have undergone significant changes in performance over the last 10 years.
Tags
Europe
Historical Data
Hotels
Industry Updates
The evolution of American hotel supply since the year 2000
6 September 2019
Discover how American hotel supply has evolved since 2000 through an analysis of new openings, additional rooms and ownership models.
Tags
North America
Supply and Development
Hotels
Industry Updates
India Election Impact on Hotel Performance
27 August 2019
Understand the impact of India's recent election on hotel performance, with insights into key markets and how hotel classes were affected.
Tags
Asia Pacific
Historical Data
Hotels
Events
Video - Quarterly North America Hotel Industry Update
12 August 2019
Amanda Hite, our president & CEO, shares some analysis on the latest U.S. hotel performance data in the first of our new Quarterly Industry Update video series.
Tags
North America
Historical Data
Hotels
Industry Updates
Forward demand around Edinburgh Fringe falls behind last year
8 August 2019
As the number of Airbnb properties and other short-term festival lets available in Edinburgh rises, as well as increasing hotel supply, how is hotel performance during Fringe evolving?
Tags
Europe
Forward Data
Hotels
Events
Mixed profitability picture for U.K. hotels
7 August 2019
With the first article in our series indicating that Brexit had little impact on U.K. hotel performance, we decided to dig deeper into the story to analyse whether profitability has been affected.
Tags
Europe
Profit and Loss
Hotels
Industry Updates
Was ist Hotel-Benchmarking?
23 Januar 2020
Erfahren Sie, wie Ihnen der Vergleich Ihrer Leistung mit denen der Konkurrenz helfen kann, datenorientierte Strategien zu entwickeln und fundierte Entscheidungen zu treffen.
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics
UEFA Euro 2020’s impact on hotel inventory
19 Juli 2019
Understand the impact of UEFA Euro 2020 on hotel inventory in a number of the tournament's host markets.
Tags
Europe
Supply and Development
Hotels