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.

STR: U.S. hotel results for week ending 17 July

22 Juli 2021
U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through 17 July.

STR: U.S. hotel performance for June 2021

21 Juli 2021
The U.S. hotel industry recorded its highest monthly occupancy and revenue per available room (RevPAR) since October 2019, according to June 2021 data from STR.

Europe remains only world region with increased hotel construction

16 Juli 2021
At the end of Q2 2021, Europe remained the only world region with a year-over-year increase in hotel rooms in construction, according to June pipeline data from STR.

STR: U.S. hotel results for week ending 10 July

15 Juli 2021
U.S. hotel occupancy improved week over week, while average daily rate (ADR) was the highest on record, according to STR‘s latest data through 10 July.

STR: Preliminary June data for London hotels

13 Juli 2021
STR’s preliminary June 2021 data for London hotels showed its highest performance levels since the start of the pandemic

STR: Preliminary June data for Beijing hotels

13 Juli 2021
Beijing’s hotel industry reported lower occupancy but higher room rates when compared with the month prior, according to preliminary June 2021 data from STR.

STR: Preliminary June data for Abu Dhabi hotels

13 Juli 2021
Abu Dhabi’s hotel industry reported its highest occupancy since the start of the pandemic, according to preliminary June 2021 data from STR.

New York City on track for surge of new hotel rooms

12 Juli 2021
New York City is well ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021, according to pipeline data from STR’s AM:PM platform.