Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More

22 November 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
Tags
Industry Updates
Global
Hotels
Tourism
Industry Basics

STR Weekly Insights: 10-16 November 2024

22 November 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
Tags
Global
Industry Updates
Forward Data

Upcoming holiday season impact on U.S. hotel performance

21 November 2024
Two significant changes will impact travel in the U.S. this holiday season.
Tags
North America
Forecast
Industry Updates

RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

20 November 2024
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
Tags
Hotels
Industry Updates
Global
Historical Data

STR Weekly Insights: 3-9 November 2024

15 November 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 26 October - 2 November 2024

8 November 2024
Travel compression, events and recovery efforts again drove U.S. RevPAR; southern states led U.S. performance, and global RevPAR growth remained in double-digits.

STR Weekly Insights: 20-26 October 2024

1 November 2024
U.S. Group demand reaches annual peak and global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - September 2024

30 Oktober 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
Tags
North America
Industry Updates

STR Weekly Insights: 13-19 October 2024

25 Oktober 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
Tags
Global
Industry Updates
Forward Data

77% of global markets grew RevPAR against last year, Japan generating more momentum

23 Oktober 2024
Better than three out of four global markets grew RevPAR over the past four weeks. Tokyo joined the list of top growth markets as Japan continues to attract more international demand with favorable exchange rates.
Tags
Hotels
Global
Industry Updates

U.S. election impact on global travel and hotel performance

18 Oktober 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
Tags
Global
Industry Updates
Historical Data
Forward Data

STR Weekly Insights: 6 - 12 October 2024

18 Oktober 2024
Countries/markets mentioned: United States: Atlanta, Las Vegas, New Orleans, New York City, Phoenix, Augusta, Florida Central North, Greenville/Spartanburg, Macon/Warner Robins; Global: China, Italy, Spain.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 29 September – 5 October 2024

11 Oktober 2024
Countries/markets mentioned: United States: Augusta, Charlotte, Chicago, Columbia, Dallas, Detroit, Florida Central North, Houston, Las Vegas, Macon/Robbins, Miami, Tampa, Sarasota, Seattle; Global: Australia (ACT & Canberra, Brisbane, Melbourne), China, Indonesia (Central Java), Mexico.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - August 2024

4 Oktober 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
Tags
North America
Industry Updates

STR Weekly Insights: 22-28 September 2024

4 Oktober 2024
Countries/markets mentioned: United States: Alabama North, Chicago, Columbus, Indiana North, Louisiana South, Louisville, Michigan South, New York City, Pittsburgh, San Diego, Syracuse; Global: Germany, Australia.
Tags
Global
Industry Updates
Forward Data

Hotel forecasting: why it is important to your business

2 Oktober 2024
Hotel forecasting plays a vital role in strategic decision-making, shaping both the short and long-term success of a property or portfolio. By understanding the key components and dynamics of accurate forecasting, hoteliers can implement more effective strategies.
Tags
Hotels
Forward Data
Industry Basics
Educational

Small pickup in global markets with RevPAR growth, special events continue to move the needle

30 September 2024
STR's global "bubble chart" update for the four weeks ending 21 September 2024 shows 63% of markets with year-over-year growth in revenue per available room. Standouts included Northern Sumatra, Mexico City, the Red Sea Resorts, Rio de Janeiro and the Turkish Riviera.
Tags
Global
Industry Updates
Hotels

STR Weekly Insights: 15-21 September 2024

27 September 2024
Countries/markets mentioned: United States: Columbus, Houston, New Orleans, New York City, Oklahoma City, Raleigh/Durham/Chapel Hill, San Francisco; Global: China (Chengdu, Guangdong), Germany (Berlin, Munich), Mexico (Mexico City)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 8-14 September 2024

20 September 2024
Countries/markets mentioned: United States: Chicago, Indianapolis, Las Vegas, Miami, New Orleans, Anaheim (Orange County), San Francisco; Global: Canada, China, Indonesia, Mexico, and Spain.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 1 – 7 September 2024

13 September 2024
Countries/markets mentioned: United States: Charlotte, Detroit, Houston, New York City, Philadelphia, Salt Lake City, St. Louis, Tampa; Global: China (Beijing), Indonesia, Mexico, Spain.
Tags
Global
Industry Updates

Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season

11 September 2024
Taylor Swift’s Eras Tour took Europe by storm this summer, with 47 concerts across 17 cities over a 15-week period from May to August.
Tags
Europe
Industry Updates
North America

STR Weekly Insights: 25-31 August 2024

6 September 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Columbus, Des Moines, Houston, Milwaukee, New Orleans, Seattle; Global: China, Indonesia, Mexico, Spain
Tags
Global
Industry Updates
Forward Data

Maui remains top hotel market despite slow recovery after fires

3 September 2024
A year after a series of tragic fires in Maui, topline hotel performance remains below 2023 levels due to slower recovery, but the island maintains higher levels compared to other U.S. markets.
Tags
North America
Industry Updates

STR Weekly Insights: 18-24 August 2024

30 August 2024
Countries/markets mentioned: United States: Chicago, Houston, Milwaukee, New Orleans; Global: China, Mexico, United Kingdom (London).
Tags
Global
Industry Updates
Forward Data

Less global markets show RevPAR growth, but Olympics and concerts produce highlights

30 August 2024
STR’s global “bubble chart” update through late-August showed fewer RevPAR growth markets but a handful of event-driven standouts.
Tags
Global
Industry Updates

U.S. hotel commentary - July 2024

29 August 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
Tags
North America
Industry Updates

The role of total revenue management in a hotel profitability strategy

28 August 2024
The global hotel industry is firmly positioned in an era of normalized growth levels. That means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.
Tags
Global
Hotels
Educational
Industry Basics
Profit and Loss

STR Weekly Insights: 11-17 August 2024

23 August 2024
United States: Chicago, Dallas, Houston, Indianapolis, Miami, Minneapolis, New Orleans, San Diego, Anaheim (Orange County); Global: Canada, China, France, Indonesia, and the United Kingdom.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 4-10 August 2024

16 August 2024
Countries/markets mentioned: United States: Atlanta, Boston, Chicago, Denver, Houston, Las Vegas, New Orleans, New York City, Oahu, Anaheim (Orange County); Global: China (Shenzhen), France (Île-de-France, Paris)
Tags
Global
Forward Data
Industry Updates

Smaller markets scored big during Euros

7 August 2024
The second-most watched football tournament in the world, the UEFA European Football Championship, which is held every four years, returned to the global stage from 14 June through 14 July. This year, Germany hosted the tournament – the first it has staged since the 2006 World Cup.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 21-27 July 2024

2 August 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New Orleans, Philadelphia, San Diego and San Francisco; Global: France (Île-de-France, Paris), United Kingdom (London)
Tags
Global
Industry Updates

Euro hosts stand out as 64% of global hotel markets outperformed 2023

30 Juli 2024
From the end of June through the first three weeks of July, most global hotel markets steadily displayed year-over-year performance increases. Markets in Germany were standouts thanks to the 2024 UEFA European Football Championship.
Tags
Hotels
Industry Updates
Global
Historical Data

STR Weekly Insights: 14-20 July 2024

26 Juli 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Houston, Kansas City, Las Vegas, Minneapolis, New Orleans, Pittsburgh, Salt Lake City; Global: France (Paris), Indonesia (Jakarta, Kalimantan, Bali), Germany (Berlin)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 7-13 July 2024

19 Juli 2024
Countries/markets mentioned: United States: Houston, Minneapolis, New Orleans and Oahu; Global: Indonesia (Bali, Borneo, Kalimantan), Germany (Dortmund, Munich).
Tags
Global
Industry Updates
Forward Data

Formula 1 races are shifting hotel performance into high gear in 2024

12 Juli 2024
Set on a global stage, Formula 1 spans across multiple continents, with 12 of the 24 races so far this year having taken place on F1’s biggest ever calendar.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 30 June – 6 July 2024

12 Juli 2024
Countries/markets mentioned: United States: Denver, Houston, New Orleans, Oahu, Philadelphia, Seattle; Global: France (Paris), Germany (Düsseldorf)
Tags
Global
Industry Updates

U.S. hotel commentary - May 2024

3 Juli 2024
RevPAR growth was the highest since March 2023.

STR Weekly Insights: 16-22 June 2024

28 Juni 2024
Countries/markets mentioned: United States: Nashville, Oahu, Anaheim (Orange County), Philadelphia, Seattle; Global: France (Paris), Germany (Dusseldorf, Stuttgart), Spain (Balearic Islands, Barcelona, Madrid), United Kingdom (Cardiff, London)
Tags
Global
Industry Updates

Was ist GOPPAR (Bruttobetriebsgewinn pro verfügbarem Zimmer)? Wie können Hotels davon profitieren?

25 Juni 2024
Erfahren Sie hier, wie die Messung des GOPPAR ein besseres Bild der finanziellen Gesundheit Ihres Hotels vermitteln kann, wie man ihn berechnet und mehr.
Tags
Global
Educational
Hotels
Profit and Loss
Industry Basics

65% of global markets post year-over-year RevPAR growth

25 Juni 2024
Most countries steadily outperformed 2023, while market-level performance continued to be supported by events.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 9-15 June 2024

21 Juni 2024
Countries/markets mentioned: United States: Boston, Chicago, Denver, Detroit, Houston, San Francisco; Global: Austria, China, France, Germany, Indonesia, Ireland, Italy, Japan, Netherlands, Poland, Spain, Switzerland, United Kingdom
Tags
Global
Industry Updates

STR Weekly Insights: 2-8 June 2024

14 Juni 2024
Countries/markets mentioned: United States: Houston, Las Vegas, New York, Orlando, San Diego, San Francisco, St. Louis; Global: China, France, Germany (Berlin, Stuttgart), Italy (Rome, Milan), Mexico (Mexico City)
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - April 2024

11 Juni 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
Tags
North America
Industry Updates

STR Weekly Insights: 26 May – 1 June 2024

7 Juni 2024
Countries/markets mentioned: United States: Chicago, Dallas, Houston, Las Vegas, New Orleans, New York, Orlando; Global: Germany (Dusseldorf), Spain (Madrid), United Kingdom.
Tags
Global
Industry Updates
Forward Data

RNC and DNC: How political conventions impact host market hotel performance

31 Mai 2024
This summer quadrennial tradition consistently results in an oversized performance boost to host markets’ hotel performance on a scale that might be fairly compared to a “Super Bowl” of politics.
Tags
North America
Forward Data

Hotels across Germany are filling up for UEFA Euro 2024

29 Mai 2024
Set to take place across multiple locations in Germany, the 2024 UEFA European Football Championship is expected to affect hotel performance just as much as football fans. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and around the match dates.
Tags
Europe
Industry Updates
Events
Tourism

STR Weekly Insights: 12-18 May 2024

24 Mai 2024
Countries/markets mentioned: United States: Louisville, Charlotte; Global: China, Germany, Indonesia, Ireland, United Kingdom
Tags
Global
Industry Updates

More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth

23 Mai 2024
The level of global hotel markets with year-over-year growth stayed above 70%. Japan and countries in Southeast Asia drove the growth.
Tags
Global
Industry Updates

A look at Mainland China’s hotel performance during the May Day period

22 Mai 2024
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
Tags
Asia Pacific
Industry Updates

STR Weekly Insights: 5-11 May 2024

17 Mai 2024
Countries/markets mentioned: United States: Daytona Beach, Las Vegas, Minneapolis, and San Francisco; Global: China, France, Germany, Japan, and Spain.
Tags
Global
Industry Updates
Forward Data

A deep dive into Japan’s hotel ADR growth trends

14 Mai 2024
While initial spikes in Japan's hotel room rate growth coincided with true pandemic recovery, the lift has largely been impacted by the depreciating yen for the last year or so.
Tags
Asia Pacific
Industry Updates

STR Weekly Insights: 28 April – 4 May 2024

10 Mai 2024
Countries (markets) mentioned: United States; Global: United Kingdom (London, Manchester, Edinburgh, Glasgow), Germany, France, Spain (Madrid, Barcelona, Canary and Balearic Islands) and Italy.
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 21-27 April 2024

3 Mai 2024
Countries (markets) mentioned: United States: Detroit, Miami, Philadelphia, Seattle, Tampa; Global: Australia (Adelaide, South Australia), Indonesia, United Kingdom (Aberdeen, Cardiff)
Tags
Global
Industry Updates

Was ist Revenue Per Available Room (RevPAR) – Umsatz pro verfügbarem Zimmer – und wie wird er berechnet?

23 Januar 2020
Erfahren Sie mehr über die Goldstandard-Kennzahl zur Leistungsmessung in der globalen Hotelbranche: Umsatz pro verfügbarem Zimmer (RevPAR).
Tags
Benchmarking
Hotels
Educational
Global
Industry Basics

Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand

2 Mai 2024
Based on their experiences and expectations as travel industry professionals, our global community shared their perspectives on demand segments, short- to long-term business confidence, and more in recent results from our Hospitality Industry Sentiment (HIS) survey.
Tags
Global
Industry Updates

U.S. hotel commentary - March 2024

1 Mai 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
Tags
North America
Industry Updates

STR Weekly Insights: 14-20 April 2024

26 April 2024
Countries (markets) mentioned: United States: Augusta, GA; Buffalo, NY; Dallas, Gatlinburg, TN; Indianapolis, New York City, Philadelphia, St. Louis, and Washington, D.C.; Global: Indonesia, Italy (Sardinia, Venice), Spain (Canary Islands, Mediterranean Coast), United Kingdom
Tags
Global
Industry Updates

Earlier Ramadan and Eid al-Fitr celebrations had positive impact on Dubai hotel performance

26 April 2024
The month of Ramadan combined with the Easter holiday weekend and a peak tourist season in the United Arab Emirates, drove Dubai hotels to see positive performance during this time period.
Tags
Hotels
Middle East and Africa
Industry Updates

Fewer global markets recording RevPAR growth, Japan a big exception

24 April 2024
Less hotel markets increased RevPAR year over year, while currency depreciation is driving growth in Japan.
Tags
Hotels
Global
Industry Updates

STR Weekly Insights: 7-13 April 2024

19 April 2024
Countries (markets) mentioned: United States: Phoenix, Philadelphia, Dallas, Cleveland, Augusta; Global: China, Canada (Montreal, Toronto), Germany, Mexico.
Tags
Global
Industry Updates
Forward Data

2024 solar eclipse drove hotel performance records across markets in path of totality

18 April 2024
The total solar eclipse on Monday, 8 April may have darkened cities across Mexico, the U.S., and Canada, but you may want to grab your eclipse glasses once again in preparation for how much the event brightened performance.
Tags
North America
Events
Industry Updates

STR Weekly Insights: 31 March – 6 April and preliminary March 2024

12 April 2024
Countries (markets) mentioned: United States: Cleveland, Des Moines, Indianapolis, Phoenix, Philadelphia; Global: Mexico.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - February 2024

27 März 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
Tags
North America
Industry Updates

STR Weekly Insights: 10-16 March 2024

22 März 2024
United States: (Anaheim, Atlanta, Las Vegas, Naples, New Orleans, New York City, Phoenix, San Francisco, Seattle, and Washington, D.C.; Global: Indonesia, Mexico (Mexican Caribbean, Yucatan/Campeche) and Spain (Canary Islands, Madrid, Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

More global hotel markets growing RevPAR

21 März 2024
More than three quarters of hotel markets increased RevPAR year over year. Rate growth in Asia was prominent, with Japan’s ADR growing more than 30% and Singapore reaping the benefits of Taylor Swift’s Eras Tour.
Tags
Hotels
Global
Industry Updates

How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”

20 März 2024
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, “ready for it”. The seventeen-night leg gave a much-needed performance boost to Tokyo, Sydney, Melbourne, and Singapore hotels.
Tags
Asia Pacific
Europe
Industry Updates
Forward Data

STR Weekly Insights: 3 - 9 March 2024

15 März 2024
Countries (markets) mentioned: United States (Baltimore, Daytona Beach, Denver, Fort Lauderdale, Fort Myers, Las Vegas, Miami, Minneapolis, Oahu, Orlando, Phoenix, San Antonio, Sacramento, St. Louis, Tampa and Tucson); Germany (Cologne and Frankfurt), Indonesia, and Singapore.
Tags
Global
Industry Updates
Forward Data

Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign

14 März 2024
In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.
Tags
Global
Industry Updates

Early Easter pushes spring break peak forward a week in 2024

11 März 2024
Spring break season is officially here, and tracking school calendar data becomes critical during this time in order to predict travel demand across the U.S.
Tags
North America
Industry Updates

Regional update: 2023 data and the year ahead

8 März 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Tags
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

STR Weekly Insights: 25 February – 2 March 2024

8 März 2024
Countries (markets) mentioned: United States (Baltimore, Dallas, Houston, Las Vegas, Miami, Nashville, Oahu, Orlando, San Francisco, San Jose/Santa Cruz, Seattle), Indonesia (Bali, Jakarta), Spain (Barcelona), and Singapore.
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - January 2024

1 März 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
Tags
North America
Industry Updates

STR Weekly Insights: 18-24 February 2024

1 März 2024
Countries (markets) mentioned: United States (Cleveland, Las Vegas, Minneapolis, Washington, D.C.); Australia (Melbourne, Sydney), China, Germany.
Tags
Global
Industry Updates
Forward Data

74% of global markets increased RevPAR to start 2024

26 Februar 2024
Almost three quarters of hotel markets increased RevPAR year over year, with notable strength in Asia as the continent experienced its first January without travel restrictions in five years. Hokkaido, Kyoto, and Tokyo were among the leading markets in RevPAR growth.
Tags
Global
Industry Updates

Jeux Olympiques de Paris - Trois tendances dont il faut tenir compte

23 Februar 2024
L'impact des événements sportifs sur les performances hôtelières a été largement documenté récemment. Tous les regards sont désormais rivés sur les Jeux olympiques de cet été, qui se dérouleront à Paris du 26 juillet au 11 août, 100 ans après les derniers Jeux organisés en France.
Tags
Hotels
Global
Forward Data
Forecast
Industry Updates

Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR

22 Februar 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
Tags
North America
Events
Industry Updates

STR Weekly Insights: 11-17 February 2024

22 Februar 2024
Countries (markets) mentioned: United States (Atlanta, Boston, Denver, Las Vegas, Minneapolis, New Orleans, Oahu, Philadelphia, San Francisco, Tampa, Washington, D.C.), Australia (Melbourne, Sydney), Indonesia, Spain (Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 4-10 February 2024

16 Februar 2024
Countries (markets) mentioned: United States (Boston, Las Vegas, Miami, Mobile, AL, New Jersey Shore, New Orleans, New York City, Oahu, Orlando, St. Louis), China, Japan (Hokkaido, Kyoto, Tokyo), Spain (Madrid, Mediterranean Coast).
Tags
Global
Industry Updates
Forward Data

2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?

15 Februar 2024
In early-April 2024, a Total Solar Eclipse will once again pass over cities across North America and drive an influx of spectators in need of overnight accommodations. That means a lift in hotel performance is once again on the horizon, but there are key differences from the Total Eclipse in 2017.
Tags
North America
Industry Updates
Forward Data

STR Weekly Insights: 28 January – 3 February 2024

9 Februar 2024
Countries (markets) mentioned: United States (Baltimore, Boston, Jackson, MS, Knoxville, Las Vegas, Miami, New York City, Oahu, Orlando, Phoenix, San Jose/Santa Cruz, Seattle), China, Indonesia, Italy (Rome, Milan), Japan (Tokyo), Singapore, Spain (Barcelona, Madrid)
Tags
Global
Industry Updates
Forward Data

Das Geheimnis des strategischen Erfolgs: Wie Mitbewerbersets Hoteliers zu fundierteren Geschäftsentscheidungen verhelfen

11 Juni 2024
Umfassende Informationen helfen Ihnen dabei, optimale Entscheidungen zu treffen. Deshalb können Hoteleigentümer und -betreiber ihr Geschäft am besten ausbauen, wenn sie wissen, wie die Konkurrenz abschneidet.
Tags
Global
Benchmarking
Educational
Industry Basics

Paris Summer Olympics: Three key trends to consider

5 Februar 2024
The impact of sporting events on hotel performance has been well-documented recently. Now all eyes are on the Summer Olympics in Paris between 26 July-11 August 2024. This summer will mark exactly 100 years since the Summer Olympics were last held in France.
Tags
Hotels
Global
Forward Data
Forecast
Industry Updates

STR Weekly Insights: 21-27 January 2024

2 Februar 2024
Countries (markets) mentioned: United States (Anaheim, Baltimore, Chicago, Colorado Area, Detroit, Las Vegas, Oahu, Orlando, San Francisco, Seattle), China, Germany, Japan, Spain (Madrid)
Tags
Global
Industry Updates
Forward Data

U.S. hotel commentary - December/Full-year 2023

30 Januar 2024
The year started with easy comparables due to the Omicron impact in Q1 2022, but performance growth softened as 2023 progressed due to calendar shifts, increased outbound travel, and other factors revealing the beginning of a return to normal industry patterns.
Tags
North America
Industry Updates

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 Januar 2024
In 2023, many key U.S. hotel markets caught up on recovery that was held back due to a lack of business travel. Markets like New York City and Washington, D.C., were atop the 2023 performance list, while growth leaders from previous years were more grounded due to diminished leisure travel.
Tags
Historical Data
Industry Updates
North America
Hotels

STR Weekly Insights: 14-20 January 2024

26 Januar 2024
Countries (markets) mentioned: United States (Atlanta, Detroit, Dallas, Houston, Las Vegas, Nashville, New York, Seattle), China (Beijing), Japan, Indonesia, Germany, France, Mexico (Mexican Caribbean and Baja), Canada, United Arab Emirates (Dubai).
Tags
Global
Industry Updates

85% of global markets recovered RevPAR last year

26 Januar 2024
Global “bubble charts” for total-year 2023 show 85% of hotel markets exceeded 2019 RevPAR. The top five countries for annual RevPAR growth compared to 2019 were Brazil, Greece, Colombia, Italy, and Ireland. China reported RevPAR behind 2019 by 3%, while Vietnam showed the worst decline of 23%.
Tags
Hotels
Industry Updates
Global

STR Weekly Insights: 7-13 January 2024

19 Januar 2024
Countries (markets) mentioned: United States (Las Vegas, Houston, Anaheim, Detroit, San Francisco, New York City), China, Japan, Indonesia, and Spain (Madrid, Barcelona)
Tags
Global
Industry Updates
Forward Data

STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024

12 Januar 2024
Countries/Markets mentioned: China, Dubai, Europe, GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), London, Los Angeles, New Orleans, New York, Orlando, Paris, Rio de Janeiro, Singapore, Sydney, and the United States.
Tags
Global
Events
Industry Updates

U.S. hotel commentary - November 2023

29 Dezember 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
Tags
North America
Industry Updates

75% of global markets stayed above 2019 RevPAR, Dubai gained as host of COP28

27 Dezember 2023
A new edition of STR's global "bubble" charts shows strong event demand in the Middle East, most of Europe ahead of 2019 RevPAR levels, and much of the world still pacing ahead of pre-pandemic comparables.
Tags
Global
Hotels
Industry Updates

STR Weekly Insights: 10-16 December 2023

22 Dezember 2023
Countries included: China, Germany, Japan, United Kingdom, and the United States
Tags
Global
Industry Updates
Forward Data

New Year’s Eve bookings in key cities give hoteliers a reason to celebrate

20 Dezember 2023
New Year’s Eve is historically a key hotel performance night each year, and given the current rate of bookings, 2023 should be no exception.
Tags
Global
Forward Data

RevPAR vs. TRevPAR

25 Juni 2024
Was sind die Unterschiede zwischen RevPAR und TRevPAR? Wie wissen Hotelbetreiber, auf welche Metrik sie sich verlassen sollten? Wir schlüsseln das Anwendungsszenario sowohl für RevPAR als auch für TRevPAR auf.
Tags
Hotels
Global
Educational
Benchmarking
Industry Basics

Industry expert predictions for room rates remain robust despite diminished confidence in demand

18 Dezember 2023
With the first full year of the Hospitality Industry Sentiment survey in the books, several strong patterns have emerged — and a few surprises as well.
Tags
Global
Research
Industry Updates

STR Weekly Insights: 3-9 December 2023

15 Dezember 2023
Countries included: China, Italy, and United States
Tags
Global
Industry Updates
Recovery
Forward Data

Using business on the books in a complete benchmarking approach

12 Dezember 2023
Directly-sourced forward booking data empowers key roles within the hospitality industry to complete their strategy with powerful intel into the future. Learn about the Forward STAR metrics, applications of the data and how forward-looking data fits within a comprehensive benchmarking strategy.
Tags
Forward Data
Global
Educational
Hotels
Benchmarking

STR Weekly Insights: 26 November – 2 December 2023

8 Dezember 2023
Countries included: Germany, Spain, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

Hotels won the gold with global sporting events in 2023

6 Dezember 2023
While concerts such as Taylor Swift’s Eras Tour and Beyoncé’s Renaissance Tour dominated headlines in 2023, global sporting events were another major driver of hotel performance around the world this year.
Tags
Global
Industry Updates
Events

U.S. hotel commentary - October 2023

5 Dezember 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
Tags
North America
Recovery
Industry Updates
Profit and Loss

STR Weekly Insights: 12-18 November and 19-25 November 2023

1 Dezember 2023
Countries included: China, Japan, United Arab Emirates, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

Asian countries lead in absolute RevPAR, while South America highlights recovery

27 November 2023
A new edition of STR's global "bubble" charts shows more momentum in Asia and South America. Sporting events continue to contribute growth in markets across the world.
Tags
Hotels
Industry Updates
Historical Data

STR Weekly Insights: 5-11 November 2023

17 November 2023
Countries included: China, El Salvador, French Polynesia, Germany, Indonesia, Serbia, Spain, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

The role of profitability data in a comprehensive hotel benchmarking experience

13 November 2023
Discover another level of hotel benchmarking with our in-depth guide on hotel profitability. Learn how consistent financial insights can drive smarter decisions, boost revenue, and create operational efficiencies.

Beispiel Hotel-P&L

22 Januar 2020
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Tags
Profit and Loss
Hotels
Educational
Global

STR Weekly Insights: 29 October – 4 November 2023

10 November 2023
Countries included: Canada, China, Fiji, Germany, Ireland, United Arab Emirates, United Kingdom, United States, and Uruguay
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 22-28 October 2023

3 November 2023
Countries included: China, El Salvador, Fiji, France, Serbia, United Arab Emirates, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

APAC hotel recovery now on par with the rest of the world

1 November 2023
While other parts of the world began their post-pandemic recovery earlier than Asia Pacific, recent data suggests that the region is accelerating its recovery process and could potentially reach levels seen in Europe and America.
Tags
Asia Pacific
Hotels
Recovery
Forecast

U.S. hotel commentary - September 2023

30 Oktober 2023
U.S. hotel RevPAR rose 2.9% in September, which was the strongest year-over-year growth of the quarter, even as occupancy continued to decline modestly.
Tags
North America
Hotels
Industry Updates

STR Weekly Insights: 15-21 October 2023

27 Oktober 2023
Countries included: Chile, Ireland, South Korea, United Arab Emirates, United Kingdom, and the United States.
Tags
Global
Recovery
Hotels
Industry Updates
Forward Data

Markets with RevPAR growth steadied, Italy lead continued into autumn

27 Oktober 2023
A new edition of STR's global "bubble" charts shows a steady share of markets with RevPAR growth across the world, with 89% of markets surpassing 2019 comparables. Italy maintained its momentum into the autumn season, while sporting events contributed to growth in Abu Dhabi and Chennai.
Tags
Global
Industry Updates
Hotels

Hotel performance standouts during Beyonce’s world tour

24 Oktober 2023
Beyoncé claimed the throne with the highest-grossing tour by a solo female artist. How did that translate to hotel performance? Let's just say some of the metrics were "heated" in some stops, but the impact was more “unique” by market. Learn which stops on the RENAISSANCE World Tour stood out.
Tags
Global
Events
Historical Data
Industry Updates
North America
Hotels

STR Weekly Insights: 8-14 October 2023

20 Oktober 2023
Countries included: China, Curaçao, French Polynesia, Ireland, Japan, Jordan, United Kingdom, and the United States
Tags
Global
Industry Updates
Recovery
Forward Data

China hotel performance jumped during eight-day-long Golden Week

19 Oktober 2023
A later Mid-Autumn Festival created a longer holiday period than last year, combining with National Day festivities to provide impressive improvement in China’s hotel performance.
Tags
Asia Pacific
Hotels
Industry Updates

STR Weekly Insights: 1-7 October 2023

13 Oktober 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Spain, United Arab Emirates, and United States
Tags
Global
Industry Updates
Forward Data
Recovery

Japan hotel performance recovery accelerated during summer months

11 Oktober 2023
Helped by peak holiday season and the return of international travelers, Japan’s hotel industry experienced a successful summer period, pushing the country's post-pandemic recovery to higher levels.
Tags
Industry Updates
Hotels
Asia Pacific

STR Weekly Insights: 24-30 September 2023

5 Oktober 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Mauritius, United Kingdom, and United States.
Tags
Global
Industry Updates
Recovery
Forward Data

U.S. hotel commentary - August 2023

2 Oktober 2023
Top-line performance remained stable in August, with demand almost flat, occupancy declining year over year, and ADR rising at a slower pace than inflation.
Tags
Global
Industry Updates
Recovery

STR Weekly Insights: 17-23 September 2023

29 September 2023
Countries included: Curaçao, Fiji, France, Italy, Japan, Mauritius, Serbia, Spain, United Kingdom, and the United States.
Tags
Global
Industry Updates
Recovery
Forward Data

RevPAR growth slowed globally, Ireland occupancy breaks 90%, and China recovery softens

27 September 2023
A new edition of STR's global "bubble" charts shows normalized RevPAR growth across the world with 86% of markets above 2019 comparables as well as standout occupancy in Ireland and slowing recovery in China.

Fall Break and Homecoming Scheduling Provides Hotel Demand Opportunities Across the U.S.

26 September 2023
School is now fully in session in the U.S., and upcoming fall schedules are the first opportunity this season for hoteliers to capitalize on an influx of traveling students and their families. More specifically, the hotel industry can plan on peak fall break demand during the first half of October.
Tags
Industry Updates
North America

STR Weekly Insights: 10-16 September 2023

22 September 2023
Countries included: United States, Canada, China, Curaçao, Denmark, Fiji, France, Germany, Indonesia, Ireland, Italy, Japan, Kenya, Lebanon, Mexico, Nicaragua, Singapore, Spain, Sri Lanka, and the United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

Industry sentiment remains hopeful for ADR and group demand, recession fears grow

19 September 2023
In early Q3 2023, STR completed the third edition of the Hospitality Industry Sentiment (HIS) survey, a quarterly survey of travel industry professionals. Now with the third wave of the survey on the books, some patterns have become further established, and some new trends emerge as well.
Tags
Industry Updates
Global
Research

STR Weekly Insights: 3-9 September 2023

15 September 2023
Countries included: United States, Canada, China, Denmark, El Salvador, Fiji, France, Germany, Indonesia, Ireland, Italy, Japan, Kenya, Lebanon, Mexico, Spain, Sri Lanka, Trinadad and Tobago, and the United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 27 August – 2 September 2023

8 September 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

U.S. hotel commentary - July 2023

7 September 2023
U.S. occupancy declined year over year for the fourth consecutive month as demand dipped 0.2%.

STR Weekly Insights: 20-26 August 2023

1 September 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Tags
Global
Industry Updates
Recovery
Forward Data

Taylor Swift impact grows to $208M in U.S. hotel room revenue

30 August 2023
Best believe U.S. hotels were still “bejeweled” when Swift came to town, as concert dates after our previous update (June through early August) increased the tour impact to $208 million in additional U.S. hotel room revenue.
Tags
North America
Events
Industry Updates
Forward Data
Global

STR Weekly Insights: 13-19 August 2023

25 August 2023
Countries included: United States, Canada, China, El Salvador, France, Germany, Indonesia, Italy, Japan, Mexico, Seychelles, Singapore, Spain, and United Kingdom
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data

88% of global markets post RevPAR growth above 2019, on par with the record high

23 August 2023
A new edition of STR's global "bubble" charts shows sustained RevPAR growth across the world with the second highest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels

Italy: Europe’s Trending Destination

18 August 2023
Italy's ADR has surged this summer, with hoteliers leveraging the resurgence of international travelers in Europe, particularly from the U.S. This analysis encompasses forward bookings data, online search trends, and insights from our forecast.

STR Weekly Insights: 6-12 August 2023

18 August 2023
Countries included: United States, United Kingdom, Spain, China, Canada, Japan, Indonesia, Italy, France, Germany, Mexico, Mauritius, Ireland, Fiji, Trinidad & Tobago
Tags
Global
Industry Updates
Forward Data
Recovery

Women’s World Cup drives RevPAR premiums in Australia and New Zealand during quiet winter season

15 August 2023
Record-breaking attendance at the FIFA Women's World Cup 2023 has given hotels around Australia and New Zealand host cities a much-needed boost during a normally slower winter season.
Tags
Events
Asia Pacific
Forward Data
Industry Updates

STR Weekly Insights: 23-29 July 2023

4 August 2023
Countries included: United States, United Kingdom, China, Italy, Curacao, Singapore, Ireland, Egypt
Tags
Global
Industry Updates
Forward Data
Recovery

STR Weekly Insights: 16-22 July 2023

28 Juli 2023
Countries included: United States, United Kingdom, China, Japan, France, Spain, Singapore, Malta and Ireland
Tags
Global
Recovery
Industry Updates
Forward Data

Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024

27 Juli 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Tags
Forward Data
Events
Asia Pacific
Industry Updates
Hotels

90% of global markets post RevPAR growth above 2019, most of China included

26 Juli 2023
A new edition of STR's global "bubble" charts shows strong RevPAR growth across the world with the greatest number of markets recording growth versus 2019.
Tags
Industry Updates
Global
Hotels

U.S. hotel commentary – June 2023

25 Juli 2023
U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.
Tags
North America
Industry Updates

STR Weekly Insights: 9-15 July 2023

21 Juli 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, El Salvador, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Forward Data

STR Weekly Insights: 2-8 July 2023

13 Juli 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, Bahamas, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery

STR Weekly Insights: 25 June – 1 July 2023

7 Juli 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels

Spain hotels positioned for strong summer season

3 Juli 2023
Spain's key leisure markets, Andalusia, the Balearic Islands and the Canary Islands, are on track to see a highly successful summer. Barcelona is also anticipating a strong season with occupancy on the books spiking at 83%.
Tags
Europe
Historical Data
Forward Data
Industry Updates

U.S. hotel commentary - May 2023

3 Juli 2023
Weekends were the culprit behind May’s lower demand growth, as weekend levels declined year over year for the second month in a row.
Tags
North America
Industry Updates
Profit and Loss
Recovery

STR Weekly Insights: 18 – 24 June 2023

30 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery
Forward Data

Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019

29 Juni 2023
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
Tags
Global
Historical Data
Industry Updates

U.S. hotel performance cooled a bit in the leadup to summer

26 Juni 2023
Sandwiched in between the slower business period around Memorial Day and the early portion of summer, U.S. hotel performance cooled a bit during the four weeks ending 17 June. Read more in our latest “bubble chart” update.
Tags
North America
Industry Updates
Hotels

STR Weekly Insights: 11 – 17 June 2023

23 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Tags
Global
Industry Updates
Recovery
Hotels

Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance

19 Juni 2023
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
Tags
Forward Data
Historical Data
Europe

STR Weekly Insights: 4-10 June 2023

16 Juni 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Tags
Global
Industry Updates
Recovery
Hotels

Group demand sentiment trends upward, energy/utility costs and airlift capacity remain top challenges among industry experts

15 Juni 2023
The second edition of our Hotel Industry Sentiment survey shows opinions toward group demand trending upward, while energy/utility costs and airlift capacity remain top challenges among industry experts.

U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”

9 Juni 2023
We “said remember this moment” – because whether looking at actualized hotel data from recent weeks, or booking data for later this summer, Taylor Swift’s “The Eras Tour” is making an impact across the country.
Tags
North America
Events
Historical Data
Hotels
Industry Updates

STR Weekly Insights: 28 May – 3 June 2023

9 Juni 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Malta, and Greece.
Tags
Global
Industry Updates
Recovery
Forecast

U.S. hotel commentary - April 2023

5 Juni 2023
Demand was down year over year for the first time since early 2021, but historical patterns point to the demand decline being more of a reset.
Tags
North America
Industry Updates
Hotels
Recovery

STR Weekly Insights: 21-27 May 2023

2 Juni 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Bermuda.
Tags
Global
Recovery
Forward Data
Industry Updates

Global hotel occupancy rising ahead of summer in the Northern Hemisphere

30 Mai 2023
A new edition of STR's global "bubble" charts shows more substantial occupancy growth, despite increasing rooms rates, as the industry sees a more balanced recovery around the world.
Tags
Industry Updates
Global
Historical Data

STR Weekly Insights: 14-20 May 2023

26 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Singapore.
Tags
Global
Recovery
Forward Data
Industry Updates

NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard

25 Mai 2023
U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks.
Tags
North America
Industry Updates
Historical Data

Healthy outlook for Europe hotels: Corporate demand recovering, leisure travel remains resilient

23 Mai 2023
Europe hotel performance caused some reason for concern during the first quarter of 2023, but momentum points to healthy performance ahead for gateway cities and secondary markets thanks to recovering corporate demand as well as resilient leisure travel.
Tags
Europe
Hotels
Industry Updates
Forward Data

STR Weekly Insights: 7-13 May 2023

19 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates.
Tags
Global
Hotels
Industry Updates
Recovery

Successful May Day another sign of China’s hotel performance recovery

15 Mai 2023
Mainland China occupancy peaked at 90.9% and ADR at CNY865. A successful May Day holiday period is further indication that China's hotel performance is trending well toward full recovery.
Tags
Asia Pacific
Industry Updates
Recovery

STR Weekly Insights: 30 April – 6 May 2023

12 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates, Ireland, Senegal, Fiji, Puerto Rico, and Lithuania.
Tags
Global
Hotels
Industry Updates
Recovery

STR Weekly Insights: 23-29 April 2023

5 Mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Belgium, Austria, Singapore, United Arab Emirates
Tags
Global
Industry Updates
Recovery

U.S. hotel commentary - March 2023

2 Mai 2023
U.S. hotel rate growth continues to drive RevPAR growth, and while ADR is still posting very strong YoY growth rates, moderating inflation and normalized demand growth are leading to deceleration in the growth rate.
Tags
North America
Industry Updates
Profit and Loss
Recovery

STR Weekly Insights: 16-22 April 2023

28 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland, and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery

Asia Pacific hotel performance continues to recover; ADR still pushing gains around the world while occupancy continues to lag

28 April 2023
A new edition of STR’s global “bubble” charts shows ADR-driven RevPAR growth continuing globally, and while a handful of countries post occupancy gains, many are still experiencing occupancy levels behind 2019 comparables.
Tags
Industry Updates
Global
Historical Data

STR Weekly Insights: 9-15 April 2023

21 April 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland and Fiji.
Tags
Global
Hotels
Industry Updates
Recovery

Seasonal momentum shifting in U.S. hotel performance

21 April 2023
The top hotel markets in this STR U.S. bubble chart update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates.
Tags
North America
Industry Updates
Historical Data

Madrid vs. Barcelona: Competition for tourism and hotel demand

14 April 2023
Barcelona maintains a hotel performance premium over Madrid, but the gap is lessening as the two destinations compete for tourist demand.

STR Weekly Insights: 2-8 April 2023

14 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Curacao, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Industry Updates
Recovery
Hotels
Benchmarking

Hotel performance recovery in China: A temporary setback due to Qing Ming

12 April 2023
Although Qing Ming (aka, Tomb-Sweeping Day) halted growth recovery during the first week of April, China's hotels had a strong Q1 and are expected to strengthen even more during the rest of April and throughout this year.
Tags
Asia Pacific
Recovery
Industry Updates

Hotels in Southeast Asia seeing the return of MICE business and major leisure events

10 April 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Tags
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data

STR Weekly Insights: 26 March – 1 April 2023

7 April 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Tags
Global
Hotels
Industry Updates
Recovery

U.S. hotel commentary - February 2023

3 April 2023
ADR growth continues to outpace occupancy growth YoY, and ADR has paced well ahead of occupancy in the 2019 index. The recovery indices have shown that pricing recovered faster than demand, with rates reaching pre-pandemic levels as early as July 2021.
Tags
North America
Recovery
Industry Updates
Hotels

Japan hotel performance beginning to blossom

3 April 2023
In Japan, the cherry blossom is in full bloom. Known as Sakura, these trees also provide the perfect metaphor for the country’s hotel industry, which is beginning to show reasons for optimism after a later reopening than many parts of the world.
Tags
Asia Pacific
Tourism
Industry Updates
Forecast

STR Weekly Insights: 19-25 March 2023

31 März 2023
Countries included: United States, United Kingdom, Indonesia, Spain, China, Germany, Guatemala, Jamaica, Bahamas, Belgium, Luxembourg, Switzerland, Croatia and Switzerland
Tags
Global
Hotels
Industry Updates
Benchmarking
Recovery

U.S. Hospitality Radar - February 2023

29 März 2023
In his latest video, Jan Freitag touches on the effect of the banking turmoil on the hotel industry, highlights the February RevPAR growth, and chats with Dan Peek of Hodges Ward Elliott on the state of capital debt markets.
Tags
North America
Industry Updates
Benchmarking
Video

More than half of the global markets post RevPAR growth of more than 20% versus 2019

29 März 2023
A new edition of STR’s global “bubble” charts shows pent-up demand pushing more progress in the Asia Pacific region as well as substantial RevPAR growth for many global markets.
Tags
Global
Industry Updates
Historical Data

Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period

27 März 2023
The overall distribution of demand continues to shift back to larger urban destinations, the major markets continue to close the deficit to pre-pandemic levels, and leisure-oriented markets remain firmly rooted near the top of the national leaderboard.
Tags
Industry Updates
North America
Historical Data

STR Weekly Insights: 12–18 March 2023

24 März 2023
Countries included: United States, Barbados, Bahamas, United Arab Emirates, United Kingdom, Spain, Japan, Jamaica, Puerto Rico, Guatemala, Germany, Mexico, China, Italy, Indonesia, Canada, France
Tags
Global
Hotels
Industry Updates
Recovery
Benchmarking

STR Weekly Insights: 5-11 March 2023

17 März 2023
Countries included: United States, United Arab Emirates, Jamaica, Puerto Rico, Dominican Republic, Barbados, Senegal, New Zealand, United Kingdom, Germany, Indonesia, and China
Tags
Global
Hotels
Benchmarking
Industry Updates
Recovery