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U.S. hotel demand not expected to fully recover until 2023

Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the latest forecast revision from STR and Tourism Economics.

STR: Canada hotel results for week ending 20 June

STR data for 14-20 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.

U.S. hotel profitability improved in May, limited-service properties break even at 45% occupancy

STR‘s latest monthly P&L data release shows U.S. hotel gross operating profit per available room down 110.1% in May. That percentage change was a slight improvement from April’s decline of 116.9%. Additionally, limited-service properties showed positive profitability on average when surpassing 45% occupancy.

STR: U.S. hotel results for week ending 20 June

U.S. hotel performance data for the week ending 20 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.

STR: Central/South America hotel performance for May 2020

Reflecting the impact of the COVID-19 pandemic, the Central/South America hotel industry reported historic performance lows during May 2020, according to data from STR.

STR: Asia Pacific hotel performance for May 2020

Reflecting the continued effects of the COVID-19 pandemic, the Asia Pacific hotel industry reported monthly lows in the three key performance metrics during May 2020, according to data from STR.

STR: Middle East and Africa hotel performance for May 2020

Showing the continued impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported unprecedented performance lows during May 2020, according to data from STR.

STR: Europe hotel performance for May 2020

Reflecting the continued impact of the COVID-19 pandemic, Europe’s hotel industry reported performance lows during May 2020, according to data from STR.

STR: U.S. hotel performance for May 2020

Due to the impact of the COVID-19 pandemic, the U.S. hotel industry showed continued lower performance during May 2020, according to data from STR.

STR: Canada hotel results for week ending 13 June

STR data for 7-13 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.

STR: U.S. hotel results for week ending 13 June

U.S. hotel performance data ending with 13 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.

Updates announced to 2020 Hotel Data Conference

The 2020 edition of the Hotel Data Conference will feature a hybrid format and limited in-person attendance to accommodate for social distancing measures and travel challenges around the COVID-19 pandemic.