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STR: Preliminary June data for Beijing hotels

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

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

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.

STR: U.S. hotel results for week ending 3 July

U.S. hotel occupancy dipped while average daily rate (ADR) was up from previous weeks and the comparable period in 2019, according to STR‘s latest data through 3 July.

Baird/STR Hotel Stock Index dropped 3.0% in June

The Baird/STR Hotel Stock Index dropped 3.0% in June to a level of 4,993. Year to date through the first six months of 2021, the stock index was up 9.2%.

STR: Australia’s latest lockdowns curtail hotel bookings

Amid recent COVID-19 outbreaks and lockdowns, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks, according to data from STR’s Forward STAR.

U.S. hotel profit improved to 70% of 2019 level, labor flat

Gross operating profit for U.S. hotels reached 70% of the comparable 2019 level, according to STR‘s May 2021 monthly P&L data release. While demand, revenues and GOP continue to uptick, labor spending remained flat from the previous month at 64%.

STR: U.S. hotel results for week ending 26 June

U.S. weekly hotel occupancy hit its highest level since late October 2019, according to STR‘s latest data through 26 June.

STR contracts with Fáilte Ireland on hotel performance reporting

STR, the leader in data benchmarking and analytics for the global hospitality industry, has signed a contract with Fáilte Ireland, the national tourism development authority, to support measurement and reporting of hotel performance in Ireland.

STR: Canada hotel performance for May 2021

Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s May 2021 data.

STR: U.S. hotel results for week ending 19 June

U.S. weekly hotel occupancy hit its highest level in 85 weeks, according to STR‘s latest data through 19 June.

STR: U.S. hotel performance for May 2021

The U.S. hotel industry recorded its highest monthly performance levels since before the beginning of the pandemic, according to May 2021 data from STR.