STR: U.S. hotel pipeline shows confidence in business travel

18 April 2023
Upper upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in the future of business travel, according to STR.

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

13 April 2023
Affected by both the Easter and Passover calendar shift, U.S. hotel performance reflected lower year-over-year comparisons from the previous week, according to STR‘s latest data through 8 April.

STR: Bogotá hotel industry reported highest RevPAR on record in March

12 April 2023
Helped by an increase in business travel, Bogotá’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary March 2023 data from STR.

STR: Berlin hotel performance increased in March

12 April 2023
Aligned with seasonal trends, Berlin’s hotel industry reported higher levels of occupancy and revenue per available room (RevPAR) month over month, according to preliminary March 2023 data from STR.

Baird/STR Hotel Stock Index down 3.4% in March

12 April 2023
The Baird/STR Hotel Stock Index dropped 3.4% in March to a level of 5,355.

STR: Melbourne hotel occupancy reached 36-month high in March

12 April 2023
Melbourne’s hotel occupancy was its highest for any month since February 2020, according to preliminary March data from STR.

STR: U.S. hotel results for week ending 1 April

6 April 2023
Aligned with normal spring break patterns, U.S. hotel performance showed mix comparisons from the previous week, according to STR‘s latest data through 1 April.

Europe’s key hotel markets showed improved profitability in February

6 April 2023
Europe’s key hotel markets reported month-over-month improvement in gross operating profit per available room (GOPPAR), according to STR’s February 2023 P&L data release.

U.S. hotel GOPPAR highest since October 2022

5 April 2023
U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019.

STR: U.S. hotel results for week ending 25 March

30 März 2023
Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 25 March.

STR launches forward-looking data in more than 100 new areas in North America

29 März 2023
STR has significantly expanded the forward-looking component of its product offering through the launch of 104 new Forward STAR markets/submarkets in the U.S. and Canada. Forward STAR is now live in 450 areas around the globe.

STR: Canada’s February hotel RevPAR exceeded $100 for the first time on record

24 März 2023
Canada’s hotel performance increased from the previous month, with February revenue per available room (RevPAR) exceeding CAD100 for the first time on record, according to STR’s February 2023 data.