STR & TE lift 2021 U.S. hotel forecast, lessen growth projections for 2022

12 August 2021
Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as a whole and lessened growth projections for 2022.

STR: Preliminary July data for Jeddah hotels

12 August 2021
Jeddah’s hotel industry reported slightly lower performance levels compared with the month prior, according to preliminary July 2021 data from STR.

Baird/STR Hotel Stock Index rose 1.9% in July

11 August 2021
The Baird/STR Hotel Stock Index rose 1.9% in July to a level of 5,086. Year to date through the first seven months of 2021, the stock index was up 11.2%.

STR: India’s hotel industry continues to regain occupancy

11 August 2021
After a rapid decline due to a second COVID-19 wave, India’s hotel industry has seen a continued increase in occupancy due to the progressive approach to vaccinations in key markets across the country, according to preliminary data and analysis from STR.

STR: 2021-22 school break calendars revert to more traditional learning

10 August 2021
After a year of shifts toward e-learning throughout the U.S., STR’s annual School Break Report shows less scheduled remote coursework on the academic calendar for the upcoming year.

STR: Australia hotel occupancy on a steep decline amid latest COVID-19 lockdowns

6 August 2021
After being one of the highest-performing countries during the early portion of 2021, Australia’s hotel occupancy has been on a rapid decline amid the latest COVID-19 lockdowns across the country, according to data from STR through 1 August.

STR: U.S. hotel results for week ending 31 July

5 August 2021
U.S. weekly hotel occupancy dipped from the previous week, while room rates were up slightly, according to STR‘s latest data through 31 July.

STR: Beach destinations leading hotel performance in Latin America

2 August 2021
Latin America’s popular leisure markets, especially beach destinations, have continued to post hotel occupancy levels above 40%, according to data from STR through 25 July.

U.S. hotel profit reached 84% of 2019 level, labor rises slightly

30 Juli 2021
Gross operating profit for U.S. hotels improved to 84% of the comparable 2019 level, according to STR‘s June 2021 monthly P&L data release. Labor costs also rose from the previous month and in comparison with 2019.

STR: U.S. hotel results for week ending 24 July

29 Juli 2021
U.S. weekly hotel occupancy reached its highest level since October 2019, while room rates hit an all-time high, according to STR‘s latest data through 24 July.

STR: U.K. leading Europe in hotel occupancy recovery

26 Juli 2021
The U.K. continues to lead Europe in hotel occupancy with four straight weeks above 60% in the metric, according to STR data through 18 July.

STR: Canada hotel performance for June 2021

23 Juli 2021
Canada’s hotel industry reported its highest monthly performance levels since September 2020, according to STR’s June 2021 data.