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Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More
22 Noviembre 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
Etiquetas
Industry Updates
Global
Hotels
Tourism
Industry Basics
STR Weekly Insights: 10-16 November 2024
22 Noviembre 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
Etiquetas
Global
Industry Updates
Forward Data
Upcoming holiday season impact on U.S. hotel performance
21 Noviembre 2024
Two significant changes will impact travel in the U.S. this holiday season.
Etiquetas
North America
Forecast
Industry Updates
RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish
20 Noviembre 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.
Etiquetas
Hotels
Industry Updates
Global
Historical Data
STR Weekly Insights: 3-9 November 2024
15 Noviembre 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 26 October - 2 November 2024
8 Noviembre 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 Noviembre 2024
U.S. Group demand reaches annual peak and global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains.
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - September 2024
30 Octubre 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 13-19 October 2024
25 Octubre 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
Etiquetas
Global
Industry Updates
Forward Data
77% of global markets grew RevPAR against last year, Japan generating more momentum
23 Octubre 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.
Etiquetas
Hotels
Global
Industry Updates
U.S. election impact on global travel and hotel performance
18 Octubre 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.
Etiquetas
Global
Industry Updates
Historical Data
Forward Data
STR Weekly Insights: 6 - 12 October 2024
18 Octubre 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.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 29 September – 5 October 2024
11 Octubre 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.
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - August 2024
4 Octubre 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 22-28 September 2024
4 Octubre 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.
Etiquetas
Global
Industry Updates
Forward Data
Hotel forecasting: why it is important to your business
2 Octubre 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.
Etiquetas
Hotels
Forward Data
Industry Basics
Educational
Small pickup in global markets with RevPAR growth, special events continue to move the needle
30 Septiembre 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.
Etiquetas
Global
Industry Updates
Hotels
STR Weekly Insights: 15-21 September 2024
27 Septiembre 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)
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 8-14 September 2024
20 Septiembre 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.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 1 – 7 September 2024
13 Septiembre 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.
Etiquetas
Global
Industry Updates
Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season
11 Septiembre 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.
Etiquetas
Europe
Industry Updates
North America
STR Weekly Insights: 25-31 August 2024
6 Septiembre 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Columbus, Des Moines, Houston, Milwaukee, New Orleans, Seattle; Global: China, Indonesia, Mexico, Spain
Etiquetas
Global
Industry Updates
Forward Data
Maui remains top hotel market despite slow recovery after fires
3 Septiembre 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.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 18-24 August 2024
30 Agosto 2024
Countries/markets mentioned: United States: Chicago, Houston, Milwaukee, New Orleans; Global: China, Mexico, United Kingdom (London).
Etiquetas
Global
Industry Updates
Forward Data
Less global markets show RevPAR growth, but Olympics and concerts produce highlights
30 Agosto 2024
STR’s global “bubble chart” update through late-August showed fewer RevPAR growth markets but a handful of event-driven standouts.
Etiquetas
Global
Industry Updates
U.S. hotel commentary - July 2024
29 Agosto 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
Etiquetas
North America
Industry Updates
The role of total revenue management in a hotel profitability strategy
28 Agosto 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.
Etiquetas
Global
Hotels
Educational
Industry Basics
Profit and Loss
STR Weekly Insights: 11-17 August 2024
23 Agosto 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.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 4-10 August 2024
16 Agosto 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)
Etiquetas
Global
Forward Data
Industry Updates
Smaller markets scored big during Euros
7 Agosto 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.
Etiquetas
Hotels
Global
Industry Updates
STR Weekly Insights: 21-27 July 2024
2 Agosto 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)
Etiquetas
Global
Industry Updates
Euro hosts stand out as 64% of global hotel markets outperformed 2023
30 Julio 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.
Etiquetas
Hotels
Industry Updates
Global
Historical Data
STR Weekly Insights: 14-20 July 2024
26 Julio 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)
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 7-13 July 2024
19 Julio 2024
Countries/markets mentioned: United States: Houston, Minneapolis, New Orleans and Oahu; Global: Indonesia (Bali, Borneo, Kalimantan), Germany (Dortmund, Munich).
Etiquetas
Global
Industry Updates
Forward Data
Formula 1 races are shifting hotel performance into high gear in 2024
12 Julio 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.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 30 June – 6 July 2024
12 Julio 2024
Countries/markets mentioned: United States: Denver, Houston, New Orleans, Oahu, Philadelphia, Seattle; Global: France (Paris), Germany (Düsseldorf)
Etiquetas
Global
Industry Updates
U.S. hotel commentary - May 2024
3 Julio 2024
RevPAR growth was the highest since March 2023.
STR Weekly Insights: 16-22 June 2024
28 Junio 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)
Etiquetas
Global
Industry Updates
¿Qué es la GOPPAR? y cómo puede beneficiar a sus hoteles?
25 Junio 2024
Descubra cómo el análisis de la GOPPAR puede brindarle un panorama más completo del estado financiero de sus hoteles, cómo puede calcular esta métrica y mucho más.
Etiquetas
Global
Educational
Hotels
Profit and Loss
Industry Basics
65% of global markets post year-over-year RevPAR growth
25 Junio 2024
Most countries steadily outperformed 2023, while market-level performance continued to be supported by events.
Etiquetas
Hotels
Global
Industry Updates
STR Weekly Insights: 9-15 June 2024
21 Junio 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
Etiquetas
Global
Industry Updates
STR Weekly Insights: 2-8 June 2024
14 Junio 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)
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - April 2024
11 Junio 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
Etiquetas
North America
Industry Updates
STR Weekly Insights: 26 May – 1 June 2024
7 Junio 2024
Countries/markets mentioned: United States: Chicago, Dallas, Houston, Las Vegas, New Orleans, New York, Orlando; Global: Germany (Dusseldorf), Spain (Madrid), United Kingdom.
Etiquetas
Global
Industry Updates
Forward Data
RNC and DNC: How political conventions impact host market hotel performance
31 Mayo 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.
Etiquetas
North America
Forward Data
Hotels across Germany are filling up for UEFA Euro 2024
29 Mayo 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.
Etiquetas
Europe
Industry Updates
Events
Tourism
STR Weekly Insights: 12-18 May 2024
24 Mayo 2024
Countries/markets mentioned: United States: Louisville, Charlotte; Global: China, Germany, Indonesia, Ireland, United Kingdom
Etiquetas
Global
Industry Updates
More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth
23 Mayo 2024
The level of global hotel markets with year-over-year growth stayed above 70%. Japan and countries in Southeast Asia drove the growth.
Etiquetas
Global
Industry Updates
A look at Mainland China’s hotel performance during the May Day period
22 Mayo 2024
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
Etiquetas
Asia Pacific
Industry Updates
STR Weekly Insights: 5-11 May 2024
17 Mayo 2024
Countries/markets mentioned: United States: Daytona Beach, Las Vegas, Minneapolis, and San Francisco; Global: China, France, Germany, Japan, and Spain.
Etiquetas
Global
Industry Updates
Forward Data
A deep dive into Japan’s hotel ADR growth trends
14 Mayo 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.
Etiquetas
Asia Pacific
Industry Updates
STR Weekly Insights: 28 April – 4 May 2024
10 Mayo 2024
Countries (markets) mentioned: United States; Global: United Kingdom (London, Manchester, Edinburgh, Glasgow), Germany, France, Spain (Madrid, Barcelona, Canary and Balearic Islands) and Italy.
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 21-27 April 2024
3 Mayo 2024
Countries (markets) mentioned: United States: Detroit, Miami, Philadelphia, Seattle, Tampa; Global: Australia (Adelaide, South Australia), Indonesia, United Kingdom (Aberdeen, Cardiff)
Etiquetas
Global
Industry Updates
¿Qué son los ingresos por habitación disponible (RevPAR) y cómo se calculan?
23 Enero 2020
Obtenga más información sobre la métrica estándar de referencia relativa a los ingresos del sector hotelero a nivel mundial: el RevPAR, o ingreso por habitación disponible.
Etiquetas
Benchmarking
Hotels
Educational
Global
Industry Basics
Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand
2 Mayo 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.
Etiquetas
Global
Industry Updates
U.S. hotel commentary - March 2024
1 Mayo 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 14-20 April 2024
26 Abril 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
Etiquetas
Global
Industry Updates
Earlier Ramadan and Eid al-Fitr celebrations had positive impact on Dubai hotel performance
26 Abril 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.
Etiquetas
Hotels
Middle East and Africa
Industry Updates
Fewer global markets recording RevPAR growth, Japan a big exception
24 Abril 2024
Less hotel markets increased RevPAR year over year, while currency depreciation is driving growth in Japan.
Etiquetas
Hotels
Global
Industry Updates
STR Weekly Insights: 7-13 April 2024
19 Abril 2024
Countries (markets) mentioned: United States: Phoenix, Philadelphia, Dallas, Cleveland, Augusta; Global: China, Canada (Montreal, Toronto), Germany, Mexico.
Etiquetas
Global
Industry Updates
Forward Data
2024 solar eclipse drove hotel performance records across markets in path of totality
18 Abril 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.
Etiquetas
North America
Events
Industry Updates
STR Weekly Insights: 31 March – 6 April and preliminary March 2024
12 Abril 2024
Countries (markets) mentioned: United States: Cleveland, Des Moines, Indianapolis, Phoenix, Philadelphia; Global: Mexico.
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - February 2024
27 Marzo 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 10-16 March 2024
22 Marzo 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).
Etiquetas
Global
Industry Updates
Forward Data
More global hotel markets growing RevPAR
21 Marzo 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.
Etiquetas
Hotels
Global
Industry Updates
How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”
20 Marzo 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.
Etiquetas
Asia Pacific
Europe
Industry Updates
Forward Data
STR Weekly Insights: 3 - 9 March 2024
15 Marzo 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.
Etiquetas
Global
Industry Updates
Forward Data
Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign
14 Marzo 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.
Etiquetas
Global
Industry Updates
Early Easter pushes spring break peak forward a week in 2024
11 Marzo 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.
Etiquetas
North America
Industry Updates
Regional update: 2023 data and the year ahead
8 Marzo 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.
Etiquetas
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe
STR Weekly Insights: 25 February – 2 March 2024
8 Marzo 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.
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - January 2024
1 Marzo 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 18-24 February 2024
1 Marzo 2024
Countries (markets) mentioned: United States (Cleveland, Las Vegas, Minneapolis, Washington, D.C.); Australia (Melbourne, Sydney), China, Germany.
Etiquetas
Global
Industry Updates
Forward Data
74% of global markets increased RevPAR to start 2024
26 Febrero 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.
Etiquetas
Global
Industry Updates
Jeux Olympiques de Paris - Trois tendances dont il faut tenir compte
23 Febrero 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.
Etiquetas
Hotels
Mondial
Forward Data
Forecast
Industry Updates
Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR
22 Febrero 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
Etiquetas
North America
Events
Industry Updates
STR Weekly Insights: 11-17 February 2024
22 Febrero 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).
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 4-10 February 2024
16 Febrero 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).
Etiquetas
Global
Industry Updates
Forward Data
2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?
15 Febrero 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.
Etiquetas
North America
Industry Updates
Forward Data
STR Weekly Insights: 28 January – 3 February 2024
9 Febrero 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)
Etiquetas
Global
Industry Updates
Forward Data
El éxito estratégico al descubierto: De qué manera los administradores de hoteles usan los sets competitivos para tomar decisiones empresariales
11 Junio 2024
Las mejores decisiones se toman cuando se cuenta con toda la información disponible. Es por eso que los propietarios y operadores de hoteles tienen mayores probabilidades de hacer crecer sus empresas cuando acceden a información detallada sobre la competencia.
Etiquetas
Global
Benchmarking
Educational
Industry Basics
Paris Summer Olympics: Three key trends to consider
5 Febrero 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.
Etiquetas
Hotels
Global
Forward Data
Forecast
Industry Updates
STR Weekly Insights: 21-27 January 2024
2 Febrero 2024
Countries (markets) mentioned: United States (Anaheim, Baltimore, Chicago, Colorado Area, Detroit, Las Vegas, Oahu, Orlando, San Francisco, Seattle), China, Germany, Japan, Spain (Madrid)
Etiquetas
Global
Industry Updates
Forward Data
U.S. hotel commentary - December/Full-year 2023
30 Enero 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.
Etiquetas
North America
Industry Updates
New York City and Washington, D.C. among top performing U.S. markets in 2023
29 Enero 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.
Etiquetas
Historical Data
Industry Updates
North America
Hotels
STR Weekly Insights: 14-20 January 2024
26 Enero 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).
Etiquetas
Global
Industry Updates
85% of global markets recovered RevPAR last year
26 Enero 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%.
Etiquetas
Hotels
Industry Updates
Global
STR Weekly Insights: 7-13 January 2024
19 Enero 2024
Countries (markets) mentioned: United States (Las Vegas, Houston, Anaheim, Detroit, San Francisco, New York City), China, Japan, Indonesia, and Spain (Madrid, Barcelona)
Etiquetas
Global
Industry Updates
Forward Data
STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024
12 Enero 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.
Etiquetas
Global
Events
Industry Updates
U.S. hotel commentary - November 2023
29 Diciembre 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
Etiquetas
North America
Industry Updates
75% of global markets stayed above 2019 RevPAR, Dubai gained as host of COP28
27 Diciembre 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.
Etiquetas
Global
Hotels
Industry Updates
STR Weekly Insights: 10-16 December 2023
22 Diciembre 2023
Countries included: China, Germany, Japan, United Kingdom, and the United States
Etiquetas
Global
Industry Updates
Forward Data
New Year’s Eve bookings in key cities give hoteliers a reason to celebrate
20 Diciembre 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.
Etiquetas
Global
Forward Data
Diferencias entre el RevPAR y el TRevPAR
25 Junio 2024
¿En qué se diferencian el RevPAR y el TRevPAR? ¿Cómo saben los operadores de hoteles en qué métrica basar sus decisiones? Aquí exploramos en detalle los usos prácticos del RevPAR y el TRevPAR.
Etiquetas
Hotels
Global
Educational
Benchmarking
Industry Basics
Industry expert predictions for room rates remain robust despite diminished confidence in demand
18 Diciembre 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.
Etiquetas
Global
Research
Industry Updates
STR Weekly Insights: 3-9 December 2023
15 Diciembre 2023
Countries included: China, Italy, and United States
Etiquetas
Global
Industry Updates
Recovery
Forward Data
Using business on the books in a complete benchmarking approach
12 Diciembre 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.
Etiquetas
Forward Data
Global
Educational
Hotels
Benchmarking
STR Weekly Insights: 26 November – 2 December 2023
8 Diciembre 2023
Countries included: Germany, Spain, United Arab Emirates, United Kingdom, and the United States.
Etiquetas
Global
Industry Updates
Recovery
Forward Data
Hotels won the gold with global sporting events in 2023
6 Diciembre 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.
Etiquetas
Global
Industry Updates
Events
U.S. hotel commentary - October 2023
5 Diciembre 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
Etiquetas
North America
Recovery
Industry Updates
Profit and Loss
STR Weekly Insights: 12-18 November and 19-25 November 2023
1 Diciembre 2023
Countries included: China, Japan, United Arab Emirates, United Kingdom, and the United States
Etiquetas
Global
Industry Updates
Recovery
Forward Data
Asian countries lead in absolute RevPAR, while South America highlights recovery
27 Noviembre 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.
Etiquetas
Hotels
Industry Updates
Historical Data
STR Weekly Insights: 5-11 November 2023
17 Noviembre 2023
Countries included: China, El Salvador, French Polynesia, Germany, Indonesia, Serbia, Spain, United Arab Emirates, United Kingdom, and the United States.
Etiquetas
Global
Industry Updates
Recovery
Forward Data
The role of profitability data in a comprehensive hotel benchmarking experience
13 Noviembre 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.
Ejemplo de P&L de un hotel
22 Enero 2020
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Etiquetas
Profit and Loss
Hotels
Educational
Global
STR Weekly Insights: 29 October – 4 November 2023
10 Noviembre 2023
Countries included: Canada, China, Fiji, Germany, Ireland, United Arab Emirates, United Kingdom, United States, and Uruguay
Etiquetas
Global
Industry Updates
Recovery
Forward Data
STR Weekly Insights: 22-28 October 2023
3 Noviembre 2023
Countries included: China, El Salvador, Fiji, France, Serbia, United Arab Emirates, United Kingdom, and the United States
Etiquetas
Global
Industry Updates
Recovery
Forward Data
APAC hotel recovery now on par with the rest of the world
1 Noviembre 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.
Etiquetas
Asia Pacific
Hotels
Recovery
Forecast
U.S. hotel commentary - September 2023
30 Octubre 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.
Etiquetas
North America
Hotels
Industry Updates
STR Weekly Insights: 15-21 October 2023
27 Octubre 2023
Countries included: Chile, Ireland, South Korea, United Arab Emirates, United Kingdom, and the United States.
Etiquetas
Global
Recovery
Hotels
Industry Updates
Forward Data
Markets with RevPAR growth steadied, Italy lead continued into autumn
27 Octubre 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.
Etiquetas
Global
Industry Updates
Hotels
Hotel performance standouts during Beyonce’s world tour
24 Octubre 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.
Etiquetas
Global
Events
Historical Data
Industry Updates
North America
Hotels
STR Weekly Insights: 8-14 October 2023
20 Octubre 2023
Countries included: China, Curaçao, French Polynesia, Ireland, Japan, Jordan, United Kingdom, and the United States
Etiquetas
Global
Industry Updates
Recovery
Forward Data
China hotel performance jumped during eight-day-long Golden Week
19 Octubre 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.
Etiquetas
Asia Pacific
Hotels
Industry Updates
STR Weekly Insights: 1-7 October 2023
13 Octubre 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Spain, United Arab Emirates, and United States
Etiquetas
Global
Industry Updates
Forward Data
Recovery
Japan hotel performance recovery accelerated during summer months
11 Octubre 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.
Etiquetas
Industry Updates
Hotels
Asia Pacific
STR Weekly Insights: 24-30 September 2023
5 Octubre 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Mauritius, United Kingdom, and United States.
Etiquetas
Global
Industry Updates
Recovery
Forward Data
U.S. hotel commentary - August 2023
2 Octubre 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.
Etiquetas
Global
Industry Updates
Recovery
STR Weekly Insights: 17-23 September 2023
29 Septiembre 2023
Countries included: Curaçao, Fiji, France, Italy, Japan, Mauritius, Serbia, Spain, United Kingdom, and the United States.
Etiquetas
Global
Industry Updates
Recovery
Forward Data
RevPAR growth slowed globally, Ireland occupancy breaks 90%, and China recovery softens
27 Septiembre 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 Septiembre 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.
Etiquetas
Industry Updates
North America
STR Weekly Insights: 10-16 September 2023
22 Septiembre 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
Etiquetas
Global
Industry Updates
Recovery
Forward Data
Industry sentiment remains hopeful for ADR and group demand, recession fears grow
19 Septiembre 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.
Etiquetas
Industry Updates
Global
Research
STR Weekly Insights: 3-9 September 2023
15 Septiembre 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
Etiquetas
Global
Industry Updates
Recovery
Forward Data
STR Weekly Insights: 27 August – 2 September 2023
8 Septiembre 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Etiquetas
Global
Industry Updates
Recovery
Forward Data
U.S. hotel commentary - July 2023
7 Septiembre 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 Septiembre 2023
Countries included: United States, Canada, China, El Salvador, Estonia, France, Germany, Indonesia, Italy, Japan, Kenya, Mexico, Spain, Sri Lanka, and United Kingdom
Etiquetas
Global
Industry Updates
Recovery
Forward Data
Taylor Swift impact grows to $208M in U.S. hotel room revenue
30 Agosto 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.
Etiquetas
North America
Events
Industry Updates
Forward Data
Global
STR Weekly Insights: 13-19 August 2023
25 Agosto 2023
Countries included: United States, Canada, China, El Salvador, France, Germany, Indonesia, Italy, Japan, Mexico, Seychelles, Singapore, Spain, and United Kingdom
Etiquetas
Global
Hotels
Industry Updates
Recovery
Forward Data
88% of global markets post RevPAR growth above 2019, on par with the record high
23 Agosto 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.
Etiquetas
Industry Updates
Global
Hotels
Italy: Europe’s Trending Destination
18 Agosto 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 Agosto 2023
Countries included: United States, United Kingdom, Spain, China, Canada, Japan, Indonesia, Italy, France, Germany, Mexico, Mauritius, Ireland, Fiji, Trinidad & Tobago
Etiquetas
Global
Industry Updates
Forward Data
Recovery
Women’s World Cup drives RevPAR premiums in Australia and New Zealand during quiet winter season
15 Agosto 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.
Etiquetas
Events
Asia Pacific
Forward Data
Industry Updates
STR Weekly Insights: 23-29 July 2023
4 Agosto 2023
Countries included: United States, United Kingdom, China, Italy, Curacao, Singapore, Ireland, Egypt
Etiquetas
Global
Industry Updates
Forward Data
Recovery
STR Weekly Insights: 16-22 July 2023
28 Julio 2023
Countries included: United States, United Kingdom, China, Japan, France, Spain, Singapore, Malta and Ireland
Etiquetas
Global
Recovery
Industry Updates
Forward Data
Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024
27 Julio 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Etiquetas
Forward Data
Events
Asia Pacific
Industry Updates
Hotels
90% of global markets post RevPAR growth above 2019, most of China included
26 Julio 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.
Etiquetas
Industry Updates
Global
Hotels
U.S. hotel commentary – June 2023
25 Julio 2023
U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.
Etiquetas
North America
Industry Updates
STR Weekly Insights: 9-15 July 2023
21 Julio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, El Salvador, Malta, and Fiji.
Etiquetas
Global
Industry Updates
Recovery
Forward Data
STR Weekly Insights: 2-8 July 2023
13 Julio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Singapore, Bahamas, Greece, Malta, and Fiji.
Etiquetas
Global
Industry Updates
Recovery
STR Weekly Insights: 25 June – 1 July 2023
7 Julio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Etiquetas
Global
Industry Updates
Recovery
Hotels
Hoteles de España preparados para una fuerte temporada de verano
3 Julio 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%.
Etiquetas
Europe
Historical Data
Forward Data
Industry Updates
U.S. hotel commentary - May 2023
3 Julio 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.
Etiquetas
North America
Industry Updates
Profit and Loss
Recovery
STR Weekly Insights: 18 – 24 June 2023
30 Junio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Forward Data
Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019
29 Junio 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).
Etiquetas
Global
Historical Data
Industry Updates
U.S. hotel performance cooled a bit in the leadup to summer
26 Junio 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.
Etiquetas
North America
Industry Updates
Hotels
STR Weekly Insights: 11 – 17 June 2023
23 Junio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Etiquetas
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 Junio 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.
Etiquetas
Forward Data
Historical Data
Europe
STR Weekly Insights: 4-10 June 2023
16 Junio 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Etiquetas
Global
Industry Updates
Recovery
Hotels
Group demand sentiment trends upward, energy/utility costs and airlift capacity remain top challenges among industry experts
15 Junio 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 Junio 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.
Etiquetas
North America
Events
Historical Data
Hotels
Industry Updates
STR Weekly Insights: 28 May – 3 June 2023
9 Junio 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Malta, and Greece.
Etiquetas
Global
Industry Updates
Recovery
Forecast
U.S. hotel commentary - April 2023
5 Junio 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.
Etiquetas
North America
Industry Updates
Hotels
Recovery
STR Weekly Insights: 21-27 May 2023
2 Junio 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Bermuda.
Etiquetas
Global
Recovery
Forward Data
Industry Updates
Global hotel occupancy rising ahead of summer in the Northern Hemisphere
30 Mayo 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.
Etiquetas
Industry Updates
Global
Historical Data
STR Weekly Insights: 14-20 May 2023
26 Mayo 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Singapore.
Etiquetas
Global
Recovery
Forward Data
Industry Updates
NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard
25 Mayo 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.
Etiquetas
North America
Industry Updates
Historical Data
Healthy outlook for Europe hotels: Corporate demand recovering, leisure travel remains resilient
23 Mayo 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.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
STR Weekly Insights: 7-13 May 2023
19 Mayo 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Successful May Day another sign of China’s hotel performance recovery
15 Mayo 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.
Etiquetas
Asia Pacific
Industry Updates
Recovery
STR Weekly Insights: 30 April – 6 May 2023
12 Mayo 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.
Etiquetas
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 23-29 April 2023
5 Mayo 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Belgium, Austria, Singapore, United Arab Emirates
Etiquetas
Global
Industry Updates
Recovery
U.S. hotel commentary - March 2023
2 Mayo 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.
Etiquetas
North America
Industry Updates
Profit and Loss
Recovery
STR Weekly Insights: 16-22 April 2023
28 Abril 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland, and Fiji.
Etiquetas
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 Abril 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.
Etiquetas
Industry Updates
Global
Historical Data
STR Weekly Insights: 9-15 April 2023
21 Abril 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland and Fiji.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Seasonal momentum shifting in U.S. hotel performance
21 Abril 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.
Etiquetas
North America
Industry Updates
Historical Data
Madrid vs. Barcelona: Competencia por el turismo y la demanda hotelera
14 Abril 2023
Barcelona mantiene una prima de rendimiento hotelero sobre Madrid, pero la brecha se está reduciendo a medida que los dos destinos compiten por la demanda turística.
STR Weekly Insights: 2-8 April 2023
14 Abril 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.
Etiquetas
Global
Industry Updates
Recovery
Hotels
Benchmarking
Hotel performance recovery in China: A temporary setback due to Qing Ming
12 Abril 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.
Etiquetas
Asia Pacific
Recovery
Industry Updates
Hotels in Southeast Asia seeing the return of MICE business and major leisure events
10 Abril 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.
Etiquetas
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data
STR Weekly Insights: 26 March – 1 April 2023
7 Abril 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Etiquetas
Global
Hotels
Industry Updates
Recovery
U.S. hotel commentary - February 2023
3 Abril 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.
Etiquetas
North America
Recovery
Industry Updates
Hotels
Japan hotel performance beginning to blossom
3 Abril 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.
Etiquetas
Asia Pacific
Tourism
Industry Updates
Forecast
STR Weekly Insights: 19-25 March 2023
31 Marzo 2023
Countries included: United States, United Kingdom, Indonesia, Spain, China, Germany, Guatemala, Jamaica, Bahamas, Belgium, Luxembourg, Switzerland, Croatia and Switzerland
Etiquetas
Global
Hotels
Industry Updates
Benchmarking
Recovery
U.S. Hospitality Radar - February 2023
29 Marzo 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.
Etiquetas
North America
Industry Updates
Benchmarking
Video
More than half of the global markets post RevPAR growth of more than 20% versus 2019
29 Marzo 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.
Etiquetas
Global
Industry Updates
Historical Data
Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period
27 Marzo 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.
Etiquetas
Industry Updates
North America
Historical Data
STR Weekly Insights: 12–18 March 2023
24 Marzo 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
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 5-11 March 2023
17 Marzo 2023
Countries included: United States, United Arab Emirates, Jamaica, Puerto Rico, Dominican Republic, Barbados, Senegal, New Zealand, United Kingdom, Germany, Indonesia, and China
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR Weekly Insights: 26 February – 4 March 2023
10 Marzo 2023
Countries included: United States, Barbados, United Arab Emirates, United Kingdom, Spain, Japan, Puerto Rico, Guam, Bangladesh, Germany, Mexico, China, Italy, Indonesia, Canada, France
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Failte Ireland: 2022 Hotel Survey with a focus on STR’s Forward STAR
10 Marzo 2023
In this case study, we examine the 6 Nations rugby tournament, and the positive trends which can be observed in the destination over the period leading up to the games.
Etiquetas
Europe
Forward Data
Events
Industry Updates
U.S. hotels - January 2023 commentary
7 Marzo 2023
Occupancy for the month reached 52.8%, which was well above the long-term average of 50% but still below the 54% average from 2015-2020.
Etiquetas
North America
Hotels
Industry Updates
Recovery
STR Weekly Insights: 19-25 February 2023
3 Marzo 2023
Countries included: United States, United Arab Emirates, Puerto Rico, Singapore, Barbados, United Kingdom, Japan, and Mexico
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Easter swing shifts school breaks substantially in Spring 2023
1 Marzo 2023
As spring break season approaches, tracking school calendar data becomes critical for predicting travel demand across the U.S.
Etiquetas
North America
Hotels
Tourism
Industry Updates
Global hotel industry starts 2023 strong as more than 60% of properties recovered RevPAR versus 2019
27 Febrero 2023
A new edition of STR’s global bubble charts show a strong start to 2023 with markets recovering RevPAR across each region as well as more progress in China.
Etiquetas
Global
Industry Updates
Historical Data
U.S. Hospitality Radar - January 2023
27 Febrero 2023
In his latest video update, Jan Freitag talks about earnings season, a mega transactions deal in Florida, and asks Warren DeHaan, co-CEO for ACORE Capital, about the state of the debt markets.
Etiquetas
North America
Industry Updates
Benchmarking
Video
Phoenix hotels scored second-highest Super Bowl weekend ADR and RevPAR
27 Febrero 2023
As forecasted, Phoenix’s hotel industry ranked second all-time among Super Bowl host markets in average daily rate (ADR) and revenue per available room (RevPAR) during the weekend of the big game.
Etiquetas
North America
Industry Updates
Events
STR Weekly Insights: 12-18 February 2023
24 Febrero 2023
Countries included: United States, United Kingdom, China, United Arab Emirates, Saudi Arabia, Barbados, Aruba, Puerto Rico
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains
23 Febrero 2023
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 when adjusting for inflation.
Etiquetas
Industry Updates
Historical Data
North America
Cautious optimism in India’s hotel performance recovery
21 Febrero 2023
India’s hotel industry turned in a stellar 2022 with RevPAR 100% recovered to pre-pandemic levels – but is this recovery sustainable? This latest blog dives into the country’s performance, data-driven themes and occupancy on the books for key market.
Etiquetas
Asia Pacific
Industry Updates
Recovery
Forward Data
Forecast
STR Weekly Insights: 5-11 February 2023
17 Febrero 2023
Countries included: United States, United Kingdom, Germany, China, Barbados, and United Arab Emirates
Etiquetas
Global
Hotels
Recovery
Benchmarking
Industry Updates
¿Qué es la tasa de ocupación?
12 Junio 2024
La tasa de ocupación, que muestra el porcentaje de habitaciones ocupadas en una propiedad, segmento o área geográfica, es una de las métricas de desempeño de la industria hotelera.
Etiquetas
Industry Basics
China hotels benefit from first restriction-free Lunar New Year in three years, more success on the way for APAC
10 Febrero 2023
China announced the easing of most of its COVID restrictions in December 2022, which meant that January 2023 would feature the country's first Lunar New Year holiday without a lockdown since 2019.
Etiquetas
Asia Pacific
Industry Updates
Recovery
Events
STR Weekly Insights: 29 January-4 February 2023
10 Febrero 2023
Countries included: United States, Japan, France, United Kingdom, Indonesia, Turkey, Thailand, Germany, Mexico, Barbados
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Sun is still shining on Australia’s hotel industry
10 Febrero 2023
Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country.
Etiquetas
Industry Updates
Asia Pacific
Historical Data
Latin America hotel performance was mostly recovered in 2022
8 Febrero 2023
Performance recovery was substantial for most of Latin America’s hotel industry in 2022, with Mexico, Central America and South America easily surpassing their pre-pandemic comparables in revenue per available room (RevPAR).
Etiquetas
Industry Updates
North America
Central and South America
Recovery
Caribbean hotel industry a “comeback kid”
3 Febrero 2023
Caribbean hotel performance bounced back throughout 2022 due to the lifting of most travel restrictions. The region saw the largest annual ADR and RevPAR increases over 2019 when compared to the other STR-defined Americas subcontinents.
Etiquetas
North America
Industry Updates
Recovery
STR Weekly Insights: 22-28 January 2023
3 Febrero 2023
Countries included: U.S., Barbados, United Kingdom, Germany
Etiquetas
Global
Hotels
Recovery
Benchmarking
Industry Updates
U.S. Hotels - 2022 Commentary
3 Febrero 2023
After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation.
Etiquetas
North America
Industry Updates
Profit and Loss
Historical Data
Restrictions, lack of inbound travel have limited Southeast Asia’s hotel performance
1 Febrero 2023
Southeast Asia sits at the lower end of recovery compared to other STR-defined subcontinents, exceeding only the gains of Northeastern Asia in terms of occupancy and average daily rate (ADR ) in 2022.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 15-21 January 2023
27 Enero 2023
Countries included: U.S., Barbados, Fiji, Aruba, United Arab Emirates, United Kingdom, China
Etiquetas
Global
Hotels
Industry Updates
Benchmarking
Recovery
Almost half of global hotel markets recovered RevPAR with challenges of 2023 ahead
26 Enero 2023
STR’s bubble chart update shows plenty of momentum heading into the headwinds of 2023 as almost half of global markets reached full recovery of revenue per available room (RevPAR) in 2022.
Etiquetas
Industry Updates
Global
Historical Data
U.S. Hospitality Radar - December 2022
25 Enero 2023
U.S. hotel performance recovery differed depending on location and class. Jan Freitag breaks the 2022 numbers down in his latest update. He’s also joined by Mark Owens from CBRE to discuss capital markets.
Etiquetas
North America
Benchmarking
Industry Updates
Video
New York City’s comeback and luxury destinations highlighted U.S. hotel performance recovery in 2022
25 Enero 2023
STR’s bubble chart update for 2022 shows a phenomenal comeback in New York City as well as plenty of success for smaller destinations focused on high-end travelers.
Etiquetas
Industry Updates
North America
With so many headwinds, why are people still traveling?
24 Enero 2023
Around the globe, consumers aren’t allowing inconveniences or higher costs prevent them from traveling. Our latest consumer research gives us reasons why.
Etiquetas
Global
Industry Updates
Research
STR Weekly Insights: 8-14 January 2023
20 Enero 2023
Countries included: U.S., U.K., China
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
¿Qué es la gestión de ingresos hoteleros? Guía básica para el sector hotelero
13 Junio 2024
La gestión de ingresos hoteleros es un proceso de la industria que se sirve de datos y análisis para predecir la demanda y el comportamiento futuros de los huéspedes. El objetivo de este proceso es maximizar los posibles ingresos generales de una propiedad.
STR Weekly Insights: 1-7 January 2023
12 Enero 2023
Countries included in this week’s update: U.S., Japan, China, Barbados, Aruba, Cayman Islands, Germany, Luxembourg, Monaco
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
Market Recovery Monitor - 31 December 2022
9 Enero 2023
U.S. hotel occupancy for the last week of 2022 reached 54.2%, which was the fourth highest level recorded for the comparable week over the past 23 years.
Etiquetas
Global
Industry Updates
Recovery
Benchmarking
Hotels
Market Recovery Monitor - 17 December 2022
22 Diciembre 2022
As we get closer to the holidays, hotel occupancy begins to slow, and this year was no exception. U.S. occupancy for the week of 11-17 December fell to 54.5% from 59.6% in the prior week.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Consumers showing more preference toward hotels, less toward short-term rentals
20 Diciembre 2022
In our latest consumer research survey, travelers indicated more preference toward hotels (especially mid-tier) and less interest in short-term rentals as compared to three months ago.
Etiquetas
Global
Hotels
Industry Updates
Research
U.S. Hospitality Radar - November 2022
19 Diciembre 2022
This latest update provides a look at U.S. top- and bottom-line performance, our latest consumer research, and the outlook for 2023.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Market Recovery Monitor - 10 December 2022
16 Diciembre 2022
After a lull post-Thanksgiving, the U.S. hotel industry kicked back into gear as occupancy rose to 59.6% for the week of 4-10 December 2022.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Market Recovery Monitor - 3 December 2022
9 Diciembre 2022
The week after Thanksgiving (27 November-3 December) was somewhat typical for the U.S. hotel industry.
Etiquetas
Global
Hotels
Recovery
Industry Updates
Benchmarking
As business travel advances, consumers indicate combination trips will lead further gains
7 Diciembre 2022
With bleisure being the most likely type of business travel trips on the horizon, hoteliers have different opportunities to engage this segment and lead to further gains.
Etiquetas
Global
Industry Updates
Research
Canada Hospitality Radar - October 2022 & Forecast
5 Diciembre 2022
Canada’s hotel industry is expected to better withstand a recession this time around with demand in 2023 forecast to be in line with the 2019 benchmark.
Etiquetas
North America
Benchmarking
Industry Updates
Video
U.S. Hotels - October 2022 Commentary
5 Diciembre 2022
In October, the demand index declined month over month, with contribution from most days of the week.
Etiquetas
North America
Industry Updates
Historical Data
Profit and Loss
Consumer travel outlook better in the short-term amid increasing cost pressures, declining travel disruption and fewer COVID-19 concerns
2 Diciembre 2022
Economic concerns aren’t doing too much to discourage consumers from planning and undertaking trips right now. The future is a bit less optimistic though.
Etiquetas
Forecast
Industry Updates
Research
Market Recovery Monitor - 26 November 2022
2 Diciembre 2022
In what turned out to be a normal Thanksgiving week, U.S. hotel occupancy for 20-26 November was 50.4%. That was down from 52.9% a year ago and 50.6% in 2019.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
U.S. Hospitality Radar - October 2022 & Forecast
30 Noviembre 2022
The U.S. hotel industry saw continued rebounds in leisure, corporate transient and group demand in October, and a recession will likely not derail this recovery, but it may cause a slowdown. This and more in Jan Freitag’s latest video update.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Hotel performance strengthens further for most countries outside of Asia
29 Noviembre 2022
A new edition of STR’s global bubble charts show strong performance across the world with most countries outside of Asia recording growth in RevPAR.
Etiquetas
Asia Pacific
Hotels
Benchmarking
Historical Data
U.S. Top 25 Markets still behind 2019 occupancy even with continued return of groups
22 Noviembre 2022
U.S. hotel occupancy leaders and laggards in this mid-November 2022 “bubble” chart update reflect anticipated seasonal shifts, the continued return of corporate and group demand in large-to-medium sized markets, and a persistent impact from Hurricane Ian.
Etiquetas
North America
Industry Updates
Historical Data
Market Recovery Monitor - 12 November 2022
17 Noviembre 2022
For the week of 6-12 November 2022, the post-Halloween demand return continued, as the metric increased 3.4% week on week.
Etiquetas
Global
Industry Updates
Benchmarking
Hotels
Recovery
Qatar’s hotel industry set to win big during the FIFA World Cup
16 Noviembre 2022
With the 2022 FIFA World Cup kicking off on Sunday, 20 November, Qatar’s hotel industry is looking forward to a nice performance lift from this “mega event” as fans from all over the world are set to visit the Middle East for a game (or several) of football.
Etiquetas
Middle East and Africa
Forward Data
Industry Updates
Ireland’s hotel industry is well-positioned heading into 2023
11 Noviembre 2022
Ireland's hotel industry proved resilient this year with strong performance recovery, and evidence shows that strength will continue into 2023, albeit with economic headwinds in our summary report for Fáilte Ireland.
Etiquetas
Europe
Forward Data
Historical Data
Industry Updates
Tourism
Research
Market Recovery Monitor - 5 November 2022
11 Noviembre 2022
With Halloween on Monday during the week of 30 October through 5 November (week 45), U.S. hotel demand and occupancy saw a sharp decrease Sunday and Monday with the declines lingering into Tuesday and to a lesser extent Wednesday.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Most global hotel markets maintain recovery pace; Singapore joins recovery leaders
8 Noviembre 2022
A new edition of STR’s global bubble charts shows more recovery progress overall as well as Singapore becoming the first Asian country in 2022 to rank among the top countries in revenue per available room (RevPAR)
Etiquetas
Global
Hotels
Historical Data
Market Recovery Monitor - 29 October 2022
4 Noviembre 2022
A decrease in U.S. hotel demand and occupancy for the week of 23-29 October was expected and not as steep as previous years.
Etiquetas
Global
Hotels
Recovery
Benchmarking
Industry Updates
U.S. Hotels - September 2022 Commentary
4 Noviembre 2022
In September, U.S. monthly demand exceeded the pre-pandemic comparable for the second time in the pandemic-era but first time this year.
Etiquetas
North America
Industry Updates
Historical Data
Profit and Loss
Global hotel demand recovery reached a pandemic-era high in September
28 Octubre 2022
Recovery in global hotel demand reached a pandemic-era high in September. More global insights with a look at the demand and ADR indices.
Etiquetas
Global
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 22 October 2022
28 Octubre 2022
During the week of 16-22 October 2022, U.S. hotel occupancy was almost flat, dipping 0.4 percentage points week over week to 69.9%.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
U.K. Hospitality Radar - September 2022
26 Octubre 2022
U.K. Hospitality Radar - September 2022
Etiquetas
Europe
Hotels
Industry Updates
Video
U.S. Hospitality Radar - September 2022
26 Octubre 2022
The latest video from Jan Freitag covers September group demand/ADR, Q3 transaction volume pointing to investor uncertainty, and the hotel pipeline in secondary markets.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Qatar hotel bookings rising ahead of the FIFA World Cup
26 Octubre 2022
During November and December 2022, Qatar will welcome football fans from across the globe as the first Arab nation to host the FIFA World Cup. With the first match kicking off on 20 November, hotel bookings in the country have ramped up since rooms were released to the public earlier this month.
Etiquetas
Middle East and Africa
Industry Updates
Forward Data
Middle East hotel industry strength likely to be challenged by economic issues in other world regions
25 Octubre 2022
The Middle East is operating from a position of economic strength with 2023 approaching. That bodes well for the hospitality industry, but a looming recession in key source markets will likely create challenges given the Middle East’s historic reliance on international inbound travel.
Etiquetas
Middle East and Africa
Hotels
Industry Updates
Forward Data
NYC extends lead among the major markets, autumn destinations have been popular as well
25 Octubre 2022
Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large U.S. markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane.
Etiquetas
North America
Industry Updates
Historical Data
Market Recovery Monitor - 8 October 2022
14 Octubre 2022
For the week of 2-8 October 2022, U.S. hotel occupancy increased 1.9 percentage points week on week to 68.2%, which was aligned with historical trends and expectations.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
India update: Societal change provides hoteliers with plenty of optimism and opportunity
10 Octubre 2022
After attending the Hotel Association of India (HAI) Hoteliers’ Conclave, our Jesper Palmqvist had a lot of thoughts on the India hospitality industry and how societal change is providing plenty of opportunity and reasons for optimism.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Most global markets maintain recovery pace, Asia Pacific starting to come back
7 Octubre 2022
A new edition of STR’s global bubble charts shows continued recovery around much of the world, with Asia Pacific set to end pandemic measures except China’s maintaining zero covid policy.
Etiquetas
Global
Hotels
Historical Data
Market Recovery Monitor - 1 October 2022
6 Octubre 2022
U.S. hotel performance was affected by two significant demand-influencing events during 25 September to 1 October 2022—Rosh Hashanah and Hurricane Ian.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
U.S. Hotels - August 2022 Commentary
6 Octubre 2022
August marked the second consecutive month-over-month occupancy decline. ADR declined MoM to $151.49 but was still 14% higher than August 2019 in nominal terms. Real ADR was about 1% below the pre-pandemic comparable.
Etiquetas
North America
Industry Updates
Historical Data
Profit and Loss
Dublin hotel performance soared during Garth Brooks tour, late bookings were part of the success
5 Octubre 2022
Actualized data from Garth Brooks’ tour dates in Dublin backed up previous analysis of forward-looking data. Performance popped, and shorter booking windows were part of the equation.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
School break data suggests subtle boosts, sizable squeezes to travel demand during Fall 2022
5 Octubre 2022
STR’s School Break Report shows that subtle boosts and sizeable squeezes to travel demand are on deck this fall as shifts in holiday breaks could impact year-over-year hotel performance. Read more about how these changes could affect your market’s opportunities.
Etiquetas
North America
Hotels
Tourism
Industry Updates
Market Recovery Monitor - 24 September 2022
30 Septiembre 2022
U.S. hotel industry occupancy topped 70% for the week ending 24 September 2022—an eight-week high.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
Understanding your STR reports: Profit & Loss (P&L)
28 Septiembre 2022
Regardless of how the hotel industry benchmarks performance, the end goal is always maximum profitability. Like all other elements of industry benchmarking, there are data sets and reports designed specifically to measure the success of that goal.
Etiquetas
Global
Hotels
Educational
Profit and Loss
U.S. hospitality radar - August 2022
27 Septiembre 2022
Jan Freitag gives a look at GDP growth, RevPAR growth, group rates, highway room demand, and more
Etiquetas
North America
Benchmarking
Industry Updates
Video
Labor Day strength pushes NYC into Top 25 RevPAR lead, leisure markets dominated everywhere else
23 Septiembre 2022
For the four weeks ending 10 September, there was an expected seasonal softening from the mid-summer travel peak. Only six of the 165 STR-defined U.S. markets saw month-over-month RevPAR increases for the period.
Etiquetas
North America
Industry Updates
Historical Data
Market Recovery Monitor - 17 September 2022
23 Septiembre 2022
Groups and business travel provided a post-Labor Day boost in the U.S. with Monday-Wednesday occupancy reaching 69.9% nationally and 75.5% in the Top 25 Markets. The latter was the second highest level of the pandemic-era.
Etiquetas
Global
Industry Updates
Historical Data
Market Recovery Monitor - 10 September 2022
15 Septiembre 2022
Based on the latest week of data (4-10 September 2022), and accounting for a holiday calendar shift, the 3-day Labor Day weekend (Friday – Sunday) in the U.S. was the second best behind 2021.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Value of travel increasing in importance, while spending remains resilient
13 Septiembre 2022
Pricing value and deals are becoming more important to consumers, but the overall travel spending outlook looks stable, according to our latest research.
Etiquetas
Global
Tourism
Industry Updates
Research
More global markets above pre-pandemic occupancy levels, highest RevPAR in Mediterranean-facing countries
12 Septiembre 2022
A new edition of STR’s global bubble charts shows stronger recovery around much of the world, with the highest overall levels in the Mediterranean.
Etiquetas
Global
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 3 September 2022
9 Septiembre 2022
The Friday and Saturday of Labor Day weekend produced an all-time demand record for those two days. The previous high came last year.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Accommodation preferences: Where do travelers’ loyalties lie?
8 Septiembre 2022
While hotel demand has risen, consumer sentiment toward the traditional form of accommodation has slipped in recent months. With the hotel sector, full-service properties remain the top preference.
Etiquetas
Global
Tourism
Industry Updates
Research
STR/TE Market Forecast Assumptions – August 2022
7 Septiembre 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Etiquetas
Hotels
Industry Updates
Forecast
Global
U.S. Hotels – July 2022 Commentary
7 Septiembre 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 27 August 2022
2 Septiembre 2022
As expected since the end of July, demand is trending down, but the week-on-week decrease for 21-27 August 2022 continued to be less than what was observed in previous years.
Etiquetas
Global
Recovery
Hotels
Benchmarking
Industry Updates
Will business travel ever completely return?
29 Agosto 2022
Consumer sentiment suggests that a full recovery of business travel may never occur. If there is full recovery in terms of volume, the composition of the segment will probably look different.
Etiquetas
Global
Tourism
Industry Updates
Research
Market Recovery Monitor - 20 August 2022
26 Agosto 2022
For a fourth consecutive week, U.S. room demand declined week on week with occupancy settling at 67.3%, which was 1.2 percentage points lower than the week prior.
Etiquetas
Global
Benchmarking
Recovery
Industry Updates
Hotels
U.S. hospitality radar - July 2022
24 Agosto 2022
Jan gives a look at our latest U.S. hotel forecast, provides an update on group demand figures and explores recent transactions data in this latest video.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Climate, Leisure Patterns Dictate U.S. Market Performance in the Second Half of Summer
23 Agosto 2022
The top performing U.S. hotel markets in this monthly “bubble” chart update reflect typical late summer seasonal patterns along with continued strong leisure travel. Additionally, a range of markets mostly in the uncomfortably hot south/southwest U.S. saw lower percentages of rooms filled.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 13 August 2022
19 Agosto 2022
The deceleration in U.S. hotel room demand continued as the final days of summer near. For the week of 7-13 August 2022, demand declined by 558,000 rooms week over week with occupancy dropping to 68.5%.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
Travel disruption and increasing financial barriers stall consumer sentiment, but wanderlust remains
18 Agosto 2022
Updated consumer research from STR shows more concern around travel disruption and economic uncertainty, but overall sentiment remains healthy.
Etiquetas
Global
Tourism
Industry Updates
Research
Europe’s historical and forward-looking hotel data shows music event boost
15 Agosto 2022
This piece shows strong alignment between occupancy on the books (Forward STAR) and actualized levels as well as the overall boost that Europe hotels are receiving from the likes of Bruce Springsteen, Ed Sheeran, Elton John, and Westlife.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Market Recovery Monitor - 30 July 2022
5 Agosto 2022
With the annual U.S. travel peak behind us, hotel demand and occupancy began to trend down—which is normal. For the week ending 30 July 2022 (week 31), however, the decrease in demand was much lower than in 2017, 2018 and 2019.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
U.S. Hotels – June 2022 Commentary
2 Agosto 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Europe continues its strong summer, while Latin America picks up the recovery pace
2 Agosto 2022
A new edition of STR’s global bubble charts shows strengthening performance around much of the world, with the highest overall levels in Europe and noteworthy recovery in Latin America. Varying recovery stories are also unfolding in Chinese markets.
Market Recovery Monitor - 23 July 2022
29 Julio 2022
U.S. hotel room demand for the week ending 23 July 2022 reached its seasonal apex with more than 28.4 million sold. That was the country’s highest weekly total for rooms sold since mid-2019 and the 10th largest weekly amount of the past 22 years.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
U.S. leisure markets maintain summer strength while some major cities make a push as well
25 Julio 2022
Our latest bubble chart update for the U.S. shows continued strength in leisure markets as well as more momentum for a few major cities.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 16 July 2022
22 Julio 2022
As anticipated, history indeed repeated itself during the week ending 16 July 2022, as demand rose 3.4 million rooms year over year – the second-largest gain for week 29 since 2000, and 210,000 less rooms than the 2016 record holder.
Etiquetas
Global
Recovery
Benchmarking
Industry Updates
Hotels
U.K. hospitality radar - June 2022
15 Julio 2022
Christina Balekjian gives an update on the United Kingdom hospitality industry and what's ahead.
Market Recovery Monitor - 9 July 2022
14 Julio 2022
As expected, based on previous occurrences of a Sunday or Monday Fourth of July, U.S. hotel demand and occupancy fell for the week ending 9 July 2022.
Etiquetas
Global
Recovery
Benchmarking
Industry Updates
Hotels
Market Recovery Monitor - 2 July 2022
8 Julio 2022
U.S. hotel occupancy fell 4.9 percentage points from the previous week and came in at 67.3% for 26 June-2 July (week 27).
Etiquetas
Global
Recovery
Benchmarking
Industry Updates
Hotels
Asian countries await policy changes while hotels in the rest of the world bounce back
8 Julio 2022
STR’s “bubble chart” updates have been extended to cover the globe. Running 28-day averages through 24 June 2022 showed hotel performance recovery furthest ahead among countries in Europe, Latin America and the Caribbean.
Etiquetas
Global
Industry Updates
Hotels
Research
U.S. Hotels – May 2022 Commentary
6 Julio 2022
A three-day calendar shift influenced U.S. hotel performance trends, leaving the top-line metrics slightly weaker than the previous month. But an extra weekday on the calendar contributed to higher group demand, which reached a pandemic-era high in May.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 25 June 2022
1 Julio 2022
U.S. hotel occupancy reached yet another pandemic-era high as the week ending 25 June 2022 hit 72.3%–the highest level since the week ending 10 August 2019.
Etiquetas
Global
Recovery
Benchmarking
Industry Updates
Hotels
Cómo usar business on the books para aplicar un enfoque de evaluación comparativa completo
13 Junio 2024
Los datos de las reservas que se obtienen de forma directa permiten que los actores clave del sector hotelero diseñen sus estrategias con información valiosa sobre las tendencias futuras.
Etiquetas
Global
Hotels
Educational
Forward Data
Industry Basics
NYC’s momentum, strong ADR around the U.S. highlight continued performance recovery
27 Junio 2022
Average daily rate (ADR) continues to drive top-line performance recovery around the U.S. As shown in this latest “bubble chart” update, however, the Top 25 Markets are showing a more blended recovery with markets like New York City gaining occupancy momentum.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
U.S. hospitality radar - June 2022
24 Junio 2022
In May, U.S. hotel room rates grew 27%, which was the 14th consecutive month that ADR grew over 25% year over year. Compared to 2019, room rates were 13% higher. This and more in Jan Freitag’s latest video update.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Market Recovery Monitor - 18 June 2022
23 Junio 2022
U.S. hotel performance strengthened further with occupancy for the week ending 18 June 2022 at a pandemic-era high of 71.8%, which was up 1.2 percentage points from the prior week and 4.1 percentage points versus the matching week last year.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
Market Recovery Monitor - 11 June 2022
16 Junio 2022
The summer is in full swing with U.S. hotel occupancy rising to 70.6% for the week ending 11 June 2022, which was the highest level of the year and the third highest since the start of the pandemic.
Etiquetas
Global
Recovery
Hotels
Benchmarking
Industry Updates
Webinar summary: 5 key points on Mexico hotel performance, 8 June 2022
16 Junio 2022
STR’s latest complimentary webinar focused on hotel performance recovery in Mexico. In addition to the recording that can be accessed here, below are five key points from the webinar on 8 June 2022.
Etiquetas
Central and South America
Webinar
Industry Updates
Hotels
Historical Data
Contrasting fortunes for tourism? What we know and don’t know as tourism ramps up
16 Junio 2022
International travel gaining momentum, renewed interest in city breaks, and the war in Ukraine affecting some travel plans. Learn more from our latest consume research piece on the contrasting fortunes for tourism.
Etiquetas
Global
Tourism
Industry Updates
Research
Accommodation preferences after COVID-19: Back to normal or a new normal?
10 Junio 2022
Hotels are regaining their consumer appeal, especially full-service and smaller properties. Short-term rentals remain a popular option. Read more on accommodation preferences from our latest consumer research.
Etiquetas
Global
Tourism
Industry Updates
Research
Market Recovery Monitor - 4 June 2022
9 Junio 2022
As is typical, the week of Memorial Day weakened compared with the week prior. U.S. weekly occupancy dropped 3.3 percentage points to 63.2%, which was lowest level of the past eight weeks.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
U.S. Hotels – April 2022 Commentary
9 Junio 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 28 May 2022
3 Junio 2022
Performance during the week before the Memorial Day holiday (22-28 May 2022) came in lower than expected, as U.S. hotel occupancy fell to 66.5% from 68.6% the prior week.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
Business travel is back, but a return to pre-pandemic levels remains far off
1 Junio 2022
Business travel is recovering, although a complete recovery remains a way off. And the changes in the workplace and workstyle, not to mention the fact that COVID is still a factor, reveal a new business travel landscape.
Etiquetas
Global
Tourism
Industry Updates
Research
STR/TE Market Forecast Assumptions – May 2022
27 Mayo 2022
Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Etiquetas
Global
Hotels
Industry Updates
Forecast
Market Recovery Monitor - 21 May 2022
27 Mayo 2022
Occupancy in the U.S. reached 68.6% for the week of 15-21 May 2022, which was the highest level since July 2021. To add some perspective, since the start of the pandemic, weekly occupancy has only surpassed 65% on 17 occasions.
Etiquetas
Global
Hotels
Recovery
Benchmarking
Industry Updates
Travel sentiment improves despite higher prices, COVID-19 and travel disruption concerns
26 Mayo 2022
Consumers are willing to pay more for travel right now. As household and other costs continue to increase, however, travel costs may become increasingly scrutinized, which could stall recovery. Read more from our latest Consumer Travel Sentiment research.
Etiquetas
Global
Tourism
Industry Updates
Research
U.S. hospitality radar - April 2022
23 Mayo 2022
U.S. hotel demand in April nearly matched 2019 levels, while rooms rates came in 14% higher than the pre-pandemic comparable. This and more in Jan Freitag’s latest update.
Etiquetas
North America
Benchmarking
Industry Updates
Video
Recent U.S. occupancy leaders appeal to both business and leisure travel
23 Mayo 2022
Most U.S. hotel markets are ahead of 2019 revenue per available room (RevPAR) on a nominal basis. With more contribution from average daily rate (ADR), however, this latest “bubble chart” update focuses on occupancy with many recent leaders showing appeal in both the leisure and business segments.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
How have past Sargassum blooms affected hotel performance?
20 Mayo 2022
Hoteliers may face additional headwinds from high levels of Sargassum seaweed blooms. In addition to environmental concerns, Sargassum presents an issue for destinations because its unpleasant smell and presence can discourage beachgoing tourists.
Etiquetas
Hotels
Industry Updates
Historical Data
Benchmarking
India hotel performance continues to eclipse pre-pandemic levels
17 Mayo 2022
April seemed to be a turning point in India’s hotel performance recovery. Leisure markets continue to lead that recovery, but business travel is also back, and forward bookings appear healthy for the remainder of May with most pickup remaining short-term.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
U.K. hospitality radar - May 2022
16 Mayo 2022
Christina Balekjian gives an update on the United Kingdom hospitality industry and what's ahead.
Market Recovery Monitor - 7 May 2022
16 Mayo 2022
Occupancy dipped in the latest week of reporting, falling 2.7 percentage points week on week to 63.9% during 1-7 May 2022.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
¿Qué es la tarifa diaria promedio (ADR) y cómo se calcula?
12 Junio 2024
Obtenga más información sobre uno de los indicadores clave del rendimiento hotelero —la tarifa diaria promedio (ADR)—, cómo se realiza el cálculo de esta métrica y cuál es su importancia para implementar una estrategia de gestión de ingresos hoteleros eficaz.
Etiquetas
Global
Educational
Hotels
Benchmarking
Industry Basics
Market Recovery Monitor - 30 April 2022
5 Mayo 2022
The U.S. hotel industry continued to gain steam with occupancy rising to 66.6% during the week of 24-30 April 2022. That absolute occupancy was the second highest of the year thus far, and it was the third time above 66% this year.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
Video: Spain market update - Q2 2022
4 Mayo 2022
Spain market update - Q2 2022
Etiquetas
Europe
Hotels
Industry Updates
Benchmarking
U.S. Hotels – March 2022 Commentary
29 Abril 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 23 April 2022
28 Abril 2022
After its typical pre-Easter slowing, the U.S. hotel industry rebounded with occupancy of 65.8% during 17-23 April 2022. That level was 2.9 percentage points away from the 2019 comparable, while Easter Sunday occupancy topped the holiday Sunday in 2019.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
Hotel demand races upwards around Formula 1 events
25 Abril 2022
What do Melbourne, Miami, Barcelona, Montreal, Singapore and Abu Dhabi have in common? A Formula 1-driven lift in hotel bookings.
Etiquetas
Global
Hotels
Industry Updates
Benchmarking
Forward Data
Belfast seeing a surge in spring and summer bookings
25 Abril 2022
Ed Sheeran, André Rieu, Queen + Adam Lambert…they are all playing a role in lifting Belfast’s hotel bookings in the coming months.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 16 April 2022
21 Abril 2022
U.S. hotel occupancy for 10-16 April 2022 dropped by the largest week-on-week amount of the past 14 weeks (-4.4 percentage points). However, the decrease was in line with what was seen in 2019, when the Easter weekend fell at the same point in April.
Etiquetas
Global
Hotels
Benchmarking
Recovery
Industry Updates
Video: U.S. hotel performance for March 2022
20 Abril 2022
U.S. hotel performance for March 2022
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Video
Largest U.S. hotel markets showed considerable RevPAR gains as spring 2022 began
19 Abril 2022
While overall performance continues to be led by smaller, leisure-based destinations, major markets in the U.S. showed considerable performance gains in late March/early April.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 9 April 2022
14 Abril 2022
U.S. hotel occupancy advanced to 66.4% in the week ending 9 April 2022, up 2.3 percentage points from the prior week and 3.3 percentage points off the level attained in the corresponding week of 2019.
Etiquetas
Global
Hotels
Recovery
Industry Updates
Benchmarking
Understanding your STR reports: Hotel supply, demand and the development pipeline
13 Abril 2022
Continuing this educational series on STR reports, we show the importance of taking a step back and expanding your knowledge of the market as an added tool for understanding the operating conditions around your properties.
Etiquetas
Global
Hotels
Educational
Supply and Development
Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham
13 Abril 2022
Birmingham’s hotel occupancy on the books is peaking at 78% for this summer’s Commonwealth Games. A few months back, levels were peaking at just 55%. Read more in this latest Forward STAR piece.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
Historical Data
Video: Denver hospitality radar
12 Abril 2022
Denver hotel ADR and demand are expected to near full recovery this year, while occupancy and RevPAR will take a few more years to reach 2019 levels, mostly due to new supply entering the Mile High City.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Video
Review of Beijing hotel performance during the Winter Olympics
8 Abril 2022
Following the Beijing Winter Olympics and Paralympics, China’s domestic ice and snow economy continues to boom. As the second host city of a pandemic-era Olympics, how did Beijing’s hotel market fare? STR is pleased to provide this latest market overview for Beijing.
Market Recovery Monitor - 2 April 2022
8 Abril 2022
During the week ending 2 April, U.S. hotel occupancy (64.2%) slipped for a second consecutive week, dropping 1.4 percentage points from the prior week. The decrease was not a surprise given that Spring Break is winding down.
Etiquetas
Global
Hotels
Recovery
Industry Updates
Benchmarking
Tourism outlook: A new spring in its step?
5 Abril 2022
Government-related barriers, not comfort or financial issues, seem to be the most hindering for tourists these days. Read that and more in this research piece which points to signs of optimism for the future of tourism.
Etiquetas
Global
Tourism
Industry Updates
Research
Market Recovery Monitor - 26 March 2022
1 Abril 2022
While the U.S. saw an overall seasonal slowing in occupancy, several markets saw their highest occupancy since the start of the pandemic, including San Francisco, Los Angeles and San Jose.
Etiquetas
Global
Hotels
Industry Updates
Benchmarking
Recovery
Europe hotel occupancy remains stable amid war in Ukraine
28 Marzo 2022
Europe’s hotel performance has remained stable amid the war in Ukraine, and countries bordering the conflict area have seen a refugee-driven lift in occupancy. Read more on this analysis of historical and forward-looking data in the region.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Market Recovery Monitor - 19 March 2022
24 Marzo 2022
The U.S. hotel industry posted its highest weekly occupancy since the end of summer 2021 with a level of 66.9% during the week of 13-19 March 2022.
Etiquetas
Global
Hotels
Industry Updates
Benchmarking
Recovery
Video: U.K. hospitality outlook
24 Marzo 2022
Cristina Balekjian gives an outlook of the hospitality industry in the United Kingdom. Watch now.
Etiquetas
Hotels
Industry Updates
Europe
U.S. Hotels – February 2022 Commentary
24 Marzo 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Video: U.S. hotel performance for February 2022
22 Marzo 2022
U.S. hotel performance for February 2022
Etiquetas
North America
Industry Updates
Hotels
Video
Market Recovery Monitor - 12 March 2022
18 Marzo 2022
Good occupancy abounds as spring blooms. U.S. hotel industry occupancy (63.2%) reached a 20-week high during 6-12 March 2022 with Spring Break driving growth even though it has yet to reach its apex.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR/TE Market Forecast Assumptions – February 2022
17 Marzo 2022
Analysis behind the latest hotel market forecasts from STR and Tourism Economics is available.
Etiquetas
Hotels
Industry Updates
Forecast
Global
Market Recovery Monitor - 5 March 2022
11 Marzo 2022
U.S. hotel weekly occupancy slipped a bit in the most recent week of reporting (27 February-5 March 2022), falling to 61.2% from 62.2% the week prior.
Etiquetas
Global
Hotels
Recovery
Industry Updates
Benchmarking
Historical analysis: Rising gas prices have limited impact on U.S. hotel demand
10 Marzo 2022
Historical data back to 1990 shows a correlation of .54 between inflation-adjusted gas prices and seasonally adjusted hotel room demand. Read more in this quick analysis on the impact of rising gas prices.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 26 February 2022
4 Marzo 2022
The good news for the U.S. hotel industry continued as occupancy advanced to 62.2% during the week of 20-26 February 2022, up from 59.1% in the previous week.
Etiquetas
Global
Hotels
Benchmarking
Industry Updates
Recovery
Los Angeles Hotels Underperform Super Bowl Expectations
2 Marzo 2022
L.A. hotel occupancy came in at 80.5% for the Super Bowl weekend – nine points lower than projected, suggesting the sweep of the Omicron variant may have played the part of “spoiler” for the event.
Etiquetas
North America
Hotels
Benchmarking
Industry Updates
U.S. Hotels - January 2022 Commentary
1 Marzo 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 19 February 2022
24 Febrero 2022
Driven by the Presidents’ Day holiday weekend, U.S. leisure travel made a big comeback and pushed occupancy 4.6 percentage points to 59.1% during the week of 13-19 February 2022.
Etiquetas
Global
Hotels
Industry Updates
Recovery
Benchmarking
Video: U.S. hotel performance for January 2022
24 Febrero 2022
U.S. hotel performance for January 2022
Etiquetas
North America
Industry Updates
Hotels
Video
Standout markets come back to earth with more “normal” performance across the U.S.
22 Febrero 2022
STR’s latest 28-day visuals for 12 February show markets collectively getting closer to their seasonal performance expectations.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Market Recovery Monitor - 12 February 2022
17 Febrero 2022
U.S. weekly hotel performance continued to rev up with the largest week-over-week increase in occupancy this year.
Etiquetas
Global
Recovery
Industry Updates
Benchmarking
Hotels
Market Recovery Monitor - 5 February 2022
10 Febrero 2022
The post-holiday doldrums appear to be ending. U.S. hotel occupancy advanced again, rising to 50.4% in the week ending 5 February 2022. This was the first time in the past five weeks that weekly occupancy surpassed the 50% level, although the index to 2019 fell from the prior week.
Etiquetas
Global
Hotels
Recovery
Industry Updates
Benchmarking
6 Nations, music acts lifting Cardiff’s hotel bookings for 2022
10 Febrero 2022
With a more stabilized pandemic situation, large-scale events like 6 Nations, and concerts from the Stereophonics and Ed Sheeran, are lifting Cardiff’s occupancy on the books for 2022.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 29 January 2022
3 Febrero 2022
The U.S. hotel industry neared the 50% occupancy mark, rising to 49.7% in the week ending 29 January 2022. The gain came mainly through leisure travel, which is beginning to reemerge after a post-holiday hibernation.
Etiquetas
Global
Hotels
Recovery
Benchmarking
Industry Updates
Video: Canada hospitality radar outlook 2022
2 Febrero 2022
Looking ahead at Canada hospitality performance
Etiquetas
North America
Industry Updates
Hotels
Video
Music events are boosting hotel demand for several European markets in 2022
2 Febrero 2022
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers. In Dublin, Belfast, Glasgow and Turin, music lovers will equal beds in heads and drive larger booking windows.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Video: UK hospitality radar outlook 2022
28 Enero 2022
Looking ahead at UK hospitality performance
Etiquetas
Europe
Industry Updates
Hotels
Video
Market Recovery Monitor - 22 January 2022
28 Enero 2022
For a third consecutive week, U.S. hotel occupancy remained soft with occupancy for 16-22 January staying basically flat (-0.1 percentage point) at 48.7%.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
Video: Netherlands market update - January 2022
26 Enero 2022
Netherlands market update - January 2022
Etiquetas
Europe
Hotels
Industry Updates
Benchmarking
Beijing hotel performance expectations as Lunar New Year and Olympics intersect with the pandemic
26 Enero 2022
Lunar New Year, the Winter Olympics and the pandemic all meet in Beijing this February. What are the expectations for hotel performance as these demand influencers intersect? Find out here.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Benchmarking
Forecast
Video: U.S. performance results for December 2021
25 Enero 2022
U.S. performance results for December 2021
Etiquetas
North America
Industry Updates
Hotels
Video
Slow holiday season highlights a handful of highflyers in the U.S.
24 Enero 2022
Our new “bubble charts” for 2022 highlight the U.S. performance leaders and laggards for the four weeks ending 15 January.
Etiquetas
North America
Hotels
Historical Data
Benchmarking
Los hoteles de Chile muestran resiliencia
24 Enero 2022
Los desafíos no son nada nuevo para los hoteles de Chile. Sin embargo, a diferencia de la mayoría de otros países, el país está recuperando la ocupación más rápido que el ADR. Obtenga más información en esta última profundización sobre la recuperación en Chile.
Etiquetas
Central and South America
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 15 January 2022
21 Enero 2022
U.S. hotel performance continued to meander with occupancy remaining below 50% for a second straight week during 9-15 January. At 48.8%, occupancy was in the bottom third of comparable weeks going back to 2000.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
Understanding your STR reports: Percentage changes, indexes and comp set rankings
20 Enero 2022
Knowing how to use each part of your STR report will bolster your ability to benchmark your performance and make better business decisions. In our latest blog post, we take a look at the numerous ways that you can measure your property’s success.
Etiquetas
Global
Hotels
Benchmarking
Educational
Market Recovery Monitor - 8 January 2022
13 Enero 2022
The first week of 2022 (2-8 January) was somewhat typical for a first week in January. U.S. hotel industry occupancy dipped to 45.4%, which was eight percentage points lower than what it was in the comparable week of 2019 but eight percentage points higher than a year ago.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
Market Recovery Monitor - 1 January 2022
7 Enero 2022
“I’ll be home for Christmas” rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
Los KPI históricos del sector hotelero
16 Marzo 2022
Los datos históricos inciden en las decisiones de casi todos los actores del sector hotelero. Ya sea que compare su desempeño con sus propios datos del pasado, con el de la competencia o con el de un segmento específico del mercado, en el proceso intervienen métricas históricas fundamentales.
Etiquetas
Global
Educational
Benchmarking
Hotels
Industry Basics
Six ways benchmarking can support post-pandemic recovery
30 Diciembre 2021
Now more than ever, data is crucial. We have compiled a brief manual on six practical ways benchmarking can support your hotel’s revenue recovery.
Etiquetas
Global
Hotels
Benchmarking
Educational
Review of Shenzhen Hotel Data Information Seminar
21 Diciembre 2021
On 25 November 2021, STR held the Shenzhen Hotel Data Information Seminar. STR’s North Asia Business Development Manager, Wanqing Yang, presented on the topic of "Shenzhen Hotel Performance Observations” with analysis of the latest developments in the market.
Etiquetas
Industry Updates
Hotels
Historical Data
Asia Pacific
Strong finish to 2021 for most of U.S., sizable RevPAR Gains for D.C. and New York
20 Diciembre 2021
STR’s final 51-chart map of the year shows recent national/regional trends and many states finishing 2021 strong.
Etiquetas
North America
Hotels
Benchmarking
Industry Updates
Video: U.S. performance results for November 2021
20 Diciembre 2021
U.S. performance results for November 2021
Etiquetas
North America
Industry Updates
Hotels
Video
As lockdowns end, hotel bookings surge in Australia’s Gold Coast
17 Diciembre 2021
As Australia enters the summer months and restrictions ease, positive trends are already developing for hoteliers. And while an uplift in demand can be observed across many of Australia’s key markets, it is the Gold Coast that is leading charge in forward bookings.
Etiquetas
Industry Updates
Hotels
Historical Data
Forward Data
Asia Pacific
Market Recovery Monitor - 11 December 2021
16 Diciembre 2021
For the first time in 85 weeks, New York City led the nation in occupancy (81%) as visitors returned to partake in the city’s holiday traditions and attractions.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
Hotel profitability global update: Continued improvement for most of the world in October
15 Diciembre 2021
In this latest update with October data, we saw similar trends in P&L data as we did in September, although there were notable outliers in each world region.
Etiquetas
Global
Hotels
Industry Updates
Profit and Loss
Change in travel accommodation preferences continues
15 Diciembre 2021
STR’s latest research shows that accommodation preferences and behaviors were continuing to shift and evolve in response to COVID-19—even before Omicron. These new preferences and behaviors have led to new opportunities and challenges for the industry.
Etiquetas
Global
Tourism
Industry Updates
Research
COVID-19 webinar summary: 5 key points on Brazil hotel performance, 2 December
13 Diciembre 2021
On 3 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Central and South America
Webinar
Industry Updates
Hotels
Historical Data
COVID-19 webinar summary: 5 key points on France hotel performance, 3 December
10 Diciembre 2021
On 3 December, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data
COVID-19 webinar summary: 5 key points on Benelux hotel performance, 3 December
10 Diciembre 2021
On 3 December, we analyzed hotel performance in Belgium, the Netherlands, and Luxembourg amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data
Market Recovery Monitor - 4 December 2021
9 Diciembre 2021
In a somewhat typical post-Thanksgiving week (28 November-4 December), U.S. hotel occupancy rose from the previous week to 54.8%.
Etiquetas
Global
Benchmarking
Hotels
Industry Updates
Recovery
STR's SHARE Center crowns winners of four virtual Student Market Study Competitions
8 Diciembre 2021
STR’s SHARE Center, in its continued support of hospitality and tourism higher education around the world, held four virtual student market study competitions in November.
Etiquetas
Global
A Class Tale: Luxury hotels around the world
8 Diciembre 2021
New restrictions obviously mean potential challenges for the hotel industry, and as we have seen throughout the pandemic, every class of hotel can be affected differently. In this latest piece, we look at how Luxury class hotels have performed around the globe, especially in more recent months.
Etiquetas
Global
Hotels
Industry Updates
Supply and Development
Historical Data
A tale of two travel sentiments: business remains negative while leisure still upbeat
7 Diciembre 2021
More from our latest consumer travel research shows increased negative sentiment around business travel—even before Omicron—but booming sentiment around leisure.
Etiquetas
Global
Tourism
Industry Updates
Research
Market Recovery Monitor - 27 November 2021
2 Diciembre 2021
Thanksgiving week for the U.S. hotel industry was record-breaking by all measures.
Etiquetas
Benchmarking
North America
Hotels
Recovery
Industry Updates
Increasing COVID-19 cases dent consumer travel sentiment
1 Diciembre 2021
Even before the Omicron variant was announced, consumer travel sentiment appeared to have stalled amid rising COVID cases. Read more from our latest Traveler Panel research conducted last month.
Etiquetas
Global
Tourism
Industry Updates
Research
Market Forecast Assumptions: November 2021
29 Noviembre 2021
STR/TE Market Forecast Assumptions - November 2021
Etiquetas
Hotels
Industry Updates
Forecast
Video: U.S. performance results for October 2021 and forecast
29 Noviembre 2021
U.S. performance results for October 2021 and forecast
Etiquetas
North America
Industry Updates
Hotels
Video
Dubai welcomes the world, and hotels are benefitting
24 Noviembre 2021
Dubai hotels got off to a fast start during Expo, especially with ADR and RevPAR. To measure the market’s success, we look back at a previous Expo host and look forward at occupancy on the books for the remainder of the event in Dubai.
Etiquetas
Hotels
Middle East and Africa
Industry Updates
Historical Data
Forward Data
U.S. Market Recovery Monitor - 13 November 2021
19 Noviembre 2021
The U.S. hotel industry saw its largest week-over-week demand gain since early October with 704,000 more room nights sold for the week ending 13 November 2021.
Etiquetas
Benchmarking
Hotels
Industry Updates
Recovery
North America
U.S. Market Recovery Monitor - 6 November 2021
12 Noviembre 2021
The hotel industry rebounded slightly after two weeks of declines, gaining nearly a percentage point in occupancy during the week ending 6 November.
Etiquetas
North America
Hotels
Benchmarking
Recovery
Industry Updates
Back to business (travel)
10 Noviembre 2021
The latest data for Europe indicates the early return of business travel and groups. Find out more.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Hotel profitability global update: Improvement for most of the world in September
10 Noviembre 2021
Hotel profitability improved at low levels for most of the world in September. Find out more in this global P&L update.
Etiquetas
Global
Hotels
Industry Updates
Profit and Loss
Europe hotel pipeline update
9 Noviembre 2021
Delayed 2020 openings and limited cancellations of planned projects are contributing to Europe’s hotel pipeline reaching all-time highs. Find out more.
Etiquetas
Europe
Hotels
Industry Updates
Supply and Development
Middle East Q3 2021 hotel performance update
9 Noviembre 2021
As vaccination campaigns continue in the Middle East, restrictions for international fully vaccinated travellers have been lifted. Is that growing vaccination rate helping improve hotel performance in the region? How far is the region from its 2019 levels? Find out more in our latest Q3 analysis.
Etiquetas
Middle East and Africa
Hotels
Industry Updates
Historical Data
As hotel group demand recovers, what types of meetings are returning?
5 Noviembre 2021
As hotel group demand recovers, what types of meetings are welcoming that demand? Insights from meeting planners show similar thinking to that of pandemic-era leisure travelers. Read more.
Etiquetas
North America
Europe
Tourism
Industry Updates
Research
U.S. Market Recovery Monitor - 30 October 2021
4 Noviembre 2021
U.S. hotel performance for 24-30 October was neither a trick or treat as occupancy dropped to a 25-week low of 58.9% after coming in at 63.9% in the prior week.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Golden Week Impact
1 Noviembre 2021
Did the Mid-Autumn Festival and the National Day stimulate a performance jump for Mainland China’s hotel market? Or did sporadic COVID-19 cases and pandemic prevention measures limit gains? Find out more in this deep dive.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 23 October 2021
28 Octubre 2021
For the week ending 23 October, U.S. hotel occupancy tumbled slightly to 63.9% from 65.0% in the previous week.
Etiquetas
North America
Hotels
Benchmarking
Recovery
Industry Updates
Cardiff: Rugby, pop and rock boost forward demand
27 Octubre 2021
Hosting a large-scale event often means an opportunity for local hotels. With Six Nations Rugby and concerts from Stereophonics and Ed Sheeran, Cardiff is a prime example. Learn more in our latest forward occupancy analysis.
Etiquetas
Europe
Industry Updates
Forward Data
Hotels
Video: U.S. performance results for September 2021
25 Octubre 2021
U.S. performance results for September 2021
Etiquetas
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 16 October 2021
21 Octubre 2021
The Columbus Day holiday propelled U.S. occupancy to 65.0% for the week ending 16 October. That level was the country’s highest since mid-August and surpassed the levels seen during the weeks of Memorial Day and Labor Day.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Brazil hotels recovering ADR much faster than occupancy
18 Octubre 2021
Brazil’s hotels are recovering ADR much faster than occupancy due to a shift toward domestic leisure demand as well as a high volume of closures in the lower-tier classes. Read more here.
Etiquetas
Central and South America
Hotels
Industry Updates
Historical Data
Forward STAR shows the Commonwealth Game impact on Birmingham
18 Octubre 2021
Events have offered a much-needed lifeline to hotels as the industry emerges from the pandemic. Through Forward STAR, we can measure the advance impact of these large-scale events, such as the 2022 Commonwealth Games in Birmingham, England.
Etiquetas
Europe
Industry Updates
Forward Data
Hotels
U.S. Market Recovery Monitor - 9 October 2021
14 Octubre 2021
The latest week of data in the U.S. confirms that the previous seven-day period was indeed the lull before the storm. Occupancy for 3-9 October rose 2.2 percentage points to 63.9%, which was the country’s highest level since mid-August.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
Olympics impact on hotel development
14 Octubre 2021
Hosting a mega event often means opportunity for hotel development. From Sydney in 2000 to Tokyo this past year and Paris 2024 on the horizon, we look at the Summer Olympic impact on supply. Find out more.
Etiquetas
Global
Hotels
Industry Updates
Supply and Development
AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels
11 Octubre 2021
Perth realized its strongest RevPAR in five years during the AFL Grand Final, while performance during the NRL Grand Final in Brisbane was a bit more held back by COVID-19 restrictions. Read more here.
Etiquetas
Asia Pacific
Industry Updates
Hotels
Historical Data
¿Un futuro más brillante para Colombia?
3 Febrero 2022
A medida que las cifras de vacunación han mejorado, también lo ha hecho el rendimiento hotelero de Colombia. No obstante, el ritmo de mejora no es el mismo para todos en el país. Lea más aquí.
Etiquetas
Central and South America
Hotels
Industry Updates
Historical Data
London’s Outlook: An Analysis by Hotel Class
8 Octubre 2021
When booking a hotel room, guests are considering more factors than ever in deciding which property to call home in their destination. Examining future occupancy levels by class allows for a better understanding of the traveler booking rationale for the upcoming months.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 2 October 2021
7 Octubre 2021
U.S. hotel industry demand retreated in the latest week of reporting (26 September-2 October), failing to align with a rise in TSA security screenings. Normally, we expect an uptick in air passengers to yield an increase in hotel demand.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
Caribbean hotel update: Two markets showing high levels of occupancy recovery
5 Octubre 2021
The summer travel season, helped by growing vaccination rates around the world, allowed Caribbean hotels to pick up steam in their road to recovery.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Recovery
Restrictions limit Queensland’s hotel performance during school holiday periods
5 Octubre 2021
Restrictions around Australia are restricting hotel performance in Queensland, even during usually popular school holiday periods. Check out this quick analysis of occupancy on the books for the Sept/Oct school break.
Etiquetas
Asia Pacific
Industry Updates
Hotels
Forward Data
¿Es tiempo de hablar de una verdadera recuperación de Sudamérica?
8 Febrero 2022
La ocupación hotelera de Sudamérica en agosto alcanzó el 72 % del comparable de 2019. ¿Esto significa que es momento de hablar de la verdadera recuperación en la región?
Etiquetas
Central and South America
Hotels
Industry Updates
Historical Data
Did Europe lose another summer?
1 Octubre 2021
Summer 2020 undoubtedly looked much different around Europe due to the global impact of the COVID-19 pandemic. Fast forward to this year, and there was hope that the region’s effort toward a more “normal” summer would be successful.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 25 September 2021
30 Septiembre 2021
U.S. hotel demand continued to exceed expectations last week. Group hotels and major markets (NYC, Orlando, Boston, DC, Phoenix) posted noteworthy improvements.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
Video: U.K. performance results for August 2021
29 Septiembre 2021
U.K. performance results for August 2021 and a look at occupancy-on-the-books.
Etiquetas
Europe
Industry Updates
Hotels
Video
Forward Data
Glasgow’s forward-looking data reflecting the UN Climate Change Conference occupancy boost
28 Septiembre 2021
As the UN Climate Change Conference (1-12 November 2021) approaches, Glasgow’s hotel occupancy on the books continues to rise.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
Video: U.S. performance results for August 2021
23 Septiembre 2021
U.S. performance results for August 2021
Etiquetas
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 18 September 2021
23 Septiembre 2021
In an unexpected turn, U.S. demand and occupancy advanced in the latest week of reporting (12-18 September 2021) to the best levels of the past four weeks.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
Latest Hurricane Ida analysis reflects vast reopening in New Orleans
22 Septiembre 2021
Following up on STR’s initial Hurricane Ida analysis from 10 September, a vast majority of hotels in the New Orleans MSA have reopened with improving occupancy levels, especially in the core city center/central business district.
Etiquetas
North America
Hotels
Industry Updates
Historical Data
Benchmarking
U.S. Market Recovery Monitor - 11 September 2021
17 Septiembre 2021
Occupancy for the week ending 11 September 2021 was 60.0%, somewhat better than expected and boosted upward by Labor Day Sunday.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
Tourism After Lockdown: Gloomy picture for business travel, but a small ray of hope
17 Septiembre 2021
With summer ending and the much-needed leisure travel surge waning, much of the industry’s attention and focus shifts to business travel. For true recovery to occur, the travel and hospitality industry needs to see business travel return to pre-pandemic levels.
Etiquetas
Global
Tourism
Industry Updates
Research
COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September
14 Septiembre 2021
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Indonesia(ns) on the move again
13 Septiembre 2021
While vaccination rates grow rapidly, case numbers fall, and hospital beds are more available, Indonesians are once again hitting the road and creating hotel demand around the country.
Etiquetas
Asia Pacific
Hotels
Benchmarking
Industry Updates
Tourism After Lockdown: Hotel Guests Expect Normal In The New Normal
10 Septiembre 2021
Our latest research suggests most consumers are seeking a return to normal in their hotel experiences. Minimal housekeeping and contactless service, for example, are of less interest than early in the pandemic. This and more from our latest tourism consumer research
Etiquetas
Global
Industry Updates
Tourism
Research
Hurricane Ida impact on hotels
10 Septiembre 2021
At least 155 New Orleans hotels are temporarily closed because of Hurricane Ida. Read more in this Ida analysis, which also covers demand shifts in the Gulf region and the Northeast U.S.
Etiquetas
North America
Hotels
Industry Updates
Benchmarking
Historical Data
U.S. Market Recovery Monitor - 4 September 2021
10 Septiembre 2021
After falling for the past five weeks, occupancy bounced back as Labor Day leisure travel and Hurricane Ida-related demand drove a level of 61.3% during 29 August-4 September.
Etiquetas
North America
Recovery
Hotels
Benchmarking
Industry Updates
COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 26 August
3 Septiembre 2021
On 26 August, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 28 August 2021
2 Septiembre 2021
Occupancy fell by more than two percentage points to 61.0% for the week ending 28 August 2021. This was the fifth consecutive week with lower occupancy and the fourth straight week with an occupancy decline of more than two percentage points.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Tourism After Lockdown: A new standard of accommodation preferences?
31 Agosto 2021
In this recent wave of research, conducted using our Traveler Panel, STR sought to find out if the accommodation preference changes seen in previous research were still evident, despite significant vaccination progress in many countries.
Etiquetas
Global
Industry Updates
Tourism
Research
India’s different, second recovery
30 Agosto 2021
India’s progressive approach to vaccinations has led to an increase in travelers and hotel demand, especially in the leisure segment. Beyond the noticeable improvement, however, the country is showing a different trend in which markets are regaining occupancy.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 21 August 2021
27 Agosto 2021
Weekly demand was lower in 71% of 166 U.S. markets, but the index to 2019 didn’t dip much. Read more in the latest MRM.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.S. performance results for July 2021 & forecast
25 Agosto 2021
U.S. performance results for July 2021 and forecast
Etiquetas
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 14 August 2021
19 Agosto 2021
U.S. occupancy fell for a third consecutive week, dropping by more than two points to 65.7% during 8-14 August 2021. Further, weekly occupancy was down more than five points when compared with the week of 24 July 2021.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
A quick overview of China’s July hotel performance
19 Agosto 2021
With the help of summer vacation, Mainland China’s overall hotel occupancy rate showed a good upward trend in July, with the second and third week of the month reaching 2019 levels.
Etiquetas
Asia Pacific
Industry Updates
Hotels
Historical Data
Tourism After Lockdown: Current Travel Barriers
19 Agosto 2021
Travel barriers continue to influence travelers’ decisions not to book or undertake an overnight trip. How have these barriers impacted tourism decision making since our previous travel barriers article?
Etiquetas
Global
Industry Updates
Tourism
Research
Asia Pacific: Hotel performance ups and downs
16 Agosto 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 7 August 2021
12 Agosto 2021
Amid increased COVID cases, the rise of the Delta variant, and the return of in-person schooling, U.S. weekly hotel room demand dropped for a second consecutive week. The decrease in demand caused occupancy to fall to 68.0% for the week (1-7 August).
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
China Hotel Performance Update
10 Agosto 2021
All key markets in China showed June 2021 increases in hotel occupancy and average daily rate (ADR) compared to the same period last year, except for Guangzhou and Shenzhen.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 31 July 2021
5 Agosto 2021
For a third consecutive week, occupancy remained above 70% (25-31 July 2021), but that was down from the pandemic-era high (71.4%) achieved in the previous week. While occupancy slipped, average daily rate (ADR) advanced to yet another record high (US$143) on a nominal basis.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Tourism After Lockdown: Temperature Check on Travel
4 Agosto 2021
Continued pandemic-related barriers to travel, such as quarantine risks and testing, coupled with enduring concerns about infection are hampering a return to pre-pandemic travel behavior. Find out more in our new Tourism After Lockdown series.
Etiquetas
Global
Industry Updates
Tourism
Research
Chengdu hotel market performance recovery
3 Agosto 2021
In 2020, Chengdu's hospitality industry accounted for 65.7% of GDP, contributing 52.2% to the city's economic growth and significantly increasing its contribution to the development of energy levels and economies.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Roundtable Discussion | Challenges and Opportunities of Mainland China’s Economy in Summer
3 Agosto 2021
On 2 July 2021, STR held the second Chinese webinar in 2021. This transcript was initially in Chinese and translated into English.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Webinar
Indexing: Simple and important in today's hotel benchmarking
3 Agosto 2021
Even as we get deeper into 2021, indexing is a more actionable recovery measurement than traditional year-over-year comparisons. Do you have questions on how to do that? Find out more.
Etiquetas
Hotels
Benchmarking
Global
Recovery
Educational
The time between lockdown periods showed recovery potential for Victorian hotels
2 Agosto 2021
That was the amount of time from the end of Victoria’s third lockdown to the beginning of the fourth. During this period, Victoria’s overall accommodation performance saw its greatest shift since pre-pandemic days, with growth largely driven by regional markets.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Forward Data
Benchmarking
U.S. Market Recovery Monitor - 24 July 2021
29 Julio 2021
For the week ending 24 July 2021, RevPAR broke the US$100 barrier for the first time since October 2019. At US$101, RevPAR was at its highest level since the week of 27 July 2019.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.K. hotel performance ending 18 July 2021
26 Julio 2021
U.K. hotel performance ending 18 July 2021
Etiquetas
Europe
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 17 July 2021
22 Julio 2021
In the week ending 17 July 2021, occupancy soared to 71.0%, its highest level since the Columbus Day holiday week of October 2019. Also for the first time since the week ending 19 October 2019, daily occupancy was above 70% Wednesday through Saturday.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Video: U.S. performance results for June 2021
22 Julio 2021
U.S. performance results for June 2021
Etiquetas
North America
Industry Updates
Hotels
Video
U.K. leading Europe in hotel performance recovery
22 Julio 2021
Although occupancy on the books remains low, Regional U.K. is still ahead of London. Travelers are still awaiting confirmation of softened travel restrictions by 19 July, which should be immediately followed by a sharp increase in demand.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
2021 Copa América impact on host hotel markets
20 Julio 2021
There were some noticeable jumps in hotel occupancy during Copa América, but typical day-of-week trends contributed to higher levels in some cases. That and more in this piece on the tournament’s impact on Rio de Janeiro and Brasilia hotel performance.
Etiquetas
Central and South America
Historical Data
Hotels
Industry Updates
UEFA Euro 2020 impact on hotel performance
20 Julio 2021
London posted its highest ADR of 2021 the night before England faced Italy in the UEFA Euro final. That and more in this piece on the tournament’s impact on host market hotel performance.
Etiquetas
Europe
Industry Updates
Hotels
Historical Data
U.S. Market Recovery Monitor - 10 July 2021
15 Julio 2021
Following the normal pre-4th of July slump, U.S. industry occupancy rebounded to 67.2% for the week ending 10 July 2021. While this was good news, the gain was much less than expected as weekly demand improved 3% to 26 million.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Hotel performance recovery in China isn’t just faster, it’s different
12 Julio 2021
Mainland China’s hotel performance recovery hasn’t just been faster, it’s been different: business travel has returned, all hotel classes are recovering well, and pricing confidence came back as quickly as occupancy.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 3 July 2021
9 Julio 2021
Prior to the pandemic, holiday weeks tended to be lackluster due to the lack of business and group travel. During the pandemic era, that trend seems to be returning.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
Australia’s latest COVID-19 lockdowns take their toll on hotel bookings
9 Julio 2021
Amid recent COVID-19 outbreaks and lockdowns, however, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks.
Etiquetas
Hotels
Asia Pacific
Forward Data
Industry Updates
Argentina hotels struggling to generate occupancy momentum
7 Julio 2021
Most of South America’s hotel industry continues to stagnate, and Argentina stands out as a country unable to generate recovery momentum to this point.
Etiquetas
Hotels
Industry Updates
Historical Data
Central and South America
Central/South America’s hotel pipeline is weak, but a handful of markets project significant growth
7 Julio 2021
Hotel development in the Central and South America region is lagging the rest of the world, but a handful of markets are projected for significant supply growth.
Etiquetas
Central and South America
Hotels
Industry Updates
Supply and Development
Mixed picture: Occupancy on the books in Barcelona and the Balearic Islands
5 Julio 2021
Hotel occupancy on the books in Barcelona and the Balearic Islands shows a mixed, but improved picture. We’re keeping a close eye on the Balearics with its green list status in the U.K.
Etiquetas
Europe
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 26 June 2021
2 Julio 2021
While summer travel has not yet been “record-breaking” as some predicted, growth for the U.S. hotel industry has simply been spectacular over the past month. We expect that June will produce more than 110 million room nights sold, the most since October 2019.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
COVID-19 webinar summary: 5 key points on APAC hotel performance, 18 June
29 Junio 2021
Knowing you might not have time to watch the full recordings, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Asia Pacific.
Etiquetas
Benchmarking
Recovery
Webinar
The Next Normal: Hotel Benchmarking Post-Pandemic
29 Junio 2021
After record-breaking disruptions to the global hotel industry, traditional year-over-year comparisons are far less actionable when benchmarking hotel performance data. During the Hotel Data Conference: Global Edition, we discussed how to benchmark most effectively as the industry recovers.
Etiquetas
Hotels
Benchmarking
Global
Recovery
U.S. Market Recovery Monitor - 19 June 2021
24 Junio 2021
The “summer travel surge” continued this past week as U.S. hotel occupancy hit an 85-week high at 68.0% for the week ending 19 June 2021.
Etiquetas
North America
Benchmarking
Hotels
Recovery
Industry Updates
Video: U.S. performance results for May 2021
24 Junio 2021
U.S. performance results for May 2021
Etiquetas
North America
Industry Updates
Hotels
Video
Video: U.K. performance results - Green shoots as hotels reopen
24 Junio 2021
U.K. performance results - Green shoots as hotels reopen
Etiquetas
Europe
Industry Updates
Hotels
Video
Taiwan hotel performance update
21 Junio 2021
Taiwan is far behind in the recovery process due to a slow vaccination rate and the emergence of new virus variants amid reopening.
Etiquetas
Asia Pacific
Industry Updates
Hotels
Historical Data
U.S. Market Recovery Monitor - 12 June 2021
17 Junio 2021
U.S. hotel industry occupancy soared to its highest level since November 2019, reaching 66.0% for the week ending 12 June 2021.
Etiquetas
North America
Hotels
Recovery
Industry Updates
Benchmarking
The definitive guide to hotel parking counts
17 Junio 2021
In the past, STR has received questions regarding average parking space at U.S. hotels. Most of the time, those questions have come from developers looking to support plans that include parking structures.
Etiquetas
North America
Hotels
Benchmarking
Saudi Arabia performance peaks as borders reopen
16 Junio 2021
Saudi Arabia’s reliance on domestic demand served the market well during its lengthy lockdown, and key markets Riyadh and Jeddah have not suffered from reopening borders, although for different reasons.
Etiquetas
Middle East and Africa
Hotels
Industry Updates
Historical Data
COVID-19 webinar summary: 5 key points on Europe hotel performance, 11 June
15 Junio 2021
On 11 June, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
North Africa hotel performance update
15 Junio 2021
Hotel performance in the North Africa region is improving, but occupancy levels are well below the 2019 recovery benchmark.
Etiquetas
Middle East and Africa
Hotels
Industry Updates
Historical Data
Resorts leading recovery in Brazil
14 Junio 2021
Brazil´s resorts have seen considerable upward movement with leisure demand growing robustly in the country.
Etiquetas
Central and South America
Industry Updates
Historical Data
Hotels
Bogotá hotel performance update: what’s next?
14 Junio 2021
While COVID-19 vaccination programs continue to inoculate travelers around the world, lockdowns in many regions have yet to fully lift, leading to continued challenges. Bogotá, where a lockdown until June along with protests in Colombia have led to a significant impact on hotel performance.
Etiquetas
Hotels
Forward Data
Industry Updates
Historical Data
Central and South America
U.S. Market Recovery Monitor - 5 June 2021
10 Junio 2021
For the week ending 5 June 2021, U.S. industry occupancy increased ever so slightly to 61.9%, up +0.2 points from the previous week. Room demand increased for a fifth straight week but by its smallest amount of the past four weeks.
Etiquetas
Hotels
North America
Recovery
Benchmarking
Industry Updates
Measuring South America’s ADR recovery
9 Junio 2021
April produced South America’s first year-over-year increase in ADR since 2019. But absolute levels remain well behind the pre-pandemic comparables. One key market (Lima) is even further behind.
Etiquetas
Central and South America
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 29 May 2021
4 Junio 2021
As anticipated, the Memorial Day weekend ushered in the highest occupancy the U.S. industry has seen since the start of the pandemic. For the week ending 29 May 2021, weekly occupancy reached 61.8%, the highest level since the final week of February 2020.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
How will summer holidays impact hotel performance in Spain & Portugal?
3 Junio 2021
July and August are two of Spain’s and Portugal’s most important hotel performance months. Where do those markets stand ahead of summer and what are the expectations for the coming months?
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Forward Data
Video: India hotel performance and factors that will help shape the upcycle
3 Junio 2021
India hotel performance and factors that will help shape the upcycle
Etiquetas
Video
Asia Pacific
Industry Updates
Hotels
COVID-19 webinar summary: 5 key points on the Middle East & Africa hotel performance, 26 May
1 Junio 2021
On 26 May, we analyzed hotel performance in the Middle East & Africa amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Middle East and Africa
Webinar
Benchmarking
Hotels
Industry Updates
U.S. Market Recovery Monitor - 22 May 2021
27 Mayo 2021
The leisure-led demand surge marched forward with U.S. industry occupancy hitting 60.3%, surpassing the 60% level for the first time since early March 2020.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Labor Day Holiday Impact in China
26 Mayo 2021
China’s Labor Day holiday stimulated travel demand and provided a noticeable boost to hotel performance. Thanks to an additional day during the holiday period, the rise in performance pushed levels beyond another recent holiday and even some 2019 comparables.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.K. performance results through 16 May and Edinburgh's occupancy on the books
25 Mayo 2021
U.K. performance results through 16 May and Edinburgh's occupancy on the books
Etiquetas
Europe
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 15 May 2021
20 Mayo 2021
U.S. hotel demand, occupancy, ADR and RevPAR all reached or were near pandemic-era highs. Further, all four measures hit pandemic highs when looking strictly at the weekend.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Video: U.S. performance results for April 2021
20 Mayo 2021
U.S. performance results for April 2021
Etiquetas
North America
Industry Updates
Hotels
Video
How long will Thailand’s occupancy declines persist?
18 Mayo 2021
Occupancy in Thai markets like Bangkok fell after Songkran. How long will those declines persist? The answer can be found in Forward STAR.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data
Montreal’s forward-looking data not reflecting much optimism at the moment
14 Mayo 2021
Montreal hoteliers had one future bookings spike on their calendar. That disappeared when the Canadian Grand Prix was officially moved. Read more about the market’s struggles amid indefinite lockdown in this latest Forward STAR piece.
Etiquetas
North America
Hotels
Industry Updates
Forward Data
U.S. Market Recovery Monitor - 8 May 2021
13 Mayo 2021
The occupancy doldrums remained in place with U.S. occupancy falling to an eight-week low (56.7%) during 2-8 May 2021. Using STR’s TRI methodology, which considers hotels that are temporarily closed, occupancy dropped to 54.2%.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Ramadan and Eid al-Fitr impact on Middle East hotel occupancy
13 Mayo 2021
The Ramadan and Eid al-Fitr impacts on hotel occupancy look a bit different this year, but the latter may be a bright spot for some markets. An analysis of historical and future data will explain.
Etiquetas
Middle East and Africa
Hotels
Industry Updates
Historical Data
Forward Data
Tourism After Lockdown: Guest Expectations Today and Tomorrow
12 Mayo 2021
Cancellation policies have become much more important in the consumer booking process—30% of respondents in our recent research cited this as a main factor in securing accommodation. Find out more in this latest Tourism After Lockdown piece on guest expectations today and tomorrow.
Etiquetas
Global
Tourism
Industry Updates
Research
Building a Comp Set – Best Practices
12 Mayo 2021
Without a comp set you’re left guessing as to where you can improve the performance of your property or portfolio, learn the best practices for building yours here.
Etiquetas
Benchmarking
Hotels
Educational
Global
Industry Basics
Singapore Q1 2021 hotel performance update
11 Mayo 2021
Singapore hotels posted higher Saturday hotel rates in March—at levels not seen since December 2020. Moving forward, we expect ADR to continue a slow climb, as more high-end hotels have stopped taking quarantine guests at low rates and allotment of 100% occupancy.
Etiquetas
Asia Pacific
Industry Updates
Hotels
Historical Data
U.K. occupancy-ADR correlation
10 Mayo 2021
How does ADR in U.K. markets correlate with specific occupancy ranges? We answer that question from a pre-pandemic perspective to set the stage for the reopening of hospitality in the country. Read more.
Etiquetas
Europe
Hotels
Industry Updates
Historical Data
Window of Opportunity: Analyzing Current Volatility and Consumer Confidence
10 Mayo 2021
When will customers have the confidence to book 12 months in advance? When will events return with notable capacities? In this latest article, we use forward-looking data to analyze two of the major contributing factors to the reduction of booking windows: volatility and consumer confidence.
Etiquetas
Global
Hotels
Industry Updates
Forward Data
Benchmarking
Window of Opportunity: Analyzing Shifts in Booking Trends
10 Mayo 2021
How has the pandemic impacted booking windows? What do hotels need to consider when competing for short-lead transient business?
Etiquetas
Global
Hotels
Industry Updates
Forward Data
Benchmarking
U.S. Market Recovery Monitor - 1 May 2021
6 Mayo 2021
For a third week, U.S. hotel occupancy remained just above 57% and 54% on a TRI basis, which accounts for temporarily closed hotels. Room demand fell slightly with the weekly level staying above 21 million for a seventh consecutive week.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Tourism After Lockdown: Shifting preferences by accommodation types
5 Mayo 2021
Short-term rentals, with their contained amenities and detached spaces, have become more appealing during the pandemic. Find out more in this latest Tourism After Lockdown piece on traveler preferences toward accommodation types.
Etiquetas
Global
Tourism
Industry Updates
Research
COVID-19 webinar summary: 5 key points on Europe hotel performance, 30 April
4 Mayo 2021
On 30 April, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Etiquetas
Europe
Webinar
Benchmarking
Hotels
Industry Updates
Songkran brings temporary joy to hotels and travelers
3 Mayo 2021
One of Thailand’s most important celebrations each year, Songkran provided a modest impact on hotel performance during the festive period in 2021.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Analyzing recovery: Total Room Inventory vs. STR Standard methodology
30 Abril 2021
Occupancy has long been one of the key hotel performance metrics measured by STR. However, even this traditional metric has not escaped the impacts of COVID-19.
Etiquetas
Global
Educational
Hotels
Benchmarking
Recovery
U.S. Market Recovery Monitor - 24 April 2021
29 Abril 2021
Hotel performance growth appears to be on hold when compared with the solid gains seen during the spring break period. In a week-over-week comparison, U.S. hotel occupancy was flat during 18-24 April at 57.3%.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Video: U.K. performance results - March 2021 and occupancy on the books
27 Abril 2021
U.K. performance results - March 2021 and occupancy on the books
Etiquetas
Europe
Industry Updates
Hotels
Video
Spring break a big splash for Florida hotels
26 Abril 2021
Spring Break 2021 didn’t just dive in, it made a cannonball-sized splash for Florida hotels and other U.S. destinations.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Tourism After Lockdown: Recovery Scenarios
23 Abril 2021
What is the sentiment among travelers now that more people are vaccinated and a route out of the pandemic is at least visible? For insights into the topic, we surveyed our Traveler Panel as part of our Tourism After Lockdown series. Read more here.
Etiquetas
Global
Tourism
Industry Updates
Research
Video: U.S. performance results for March 2021
22 Abril 2021
U.S. performance results for March 2021
Etiquetas
North America
Industry Updates
Hotels
Video
U.S. Market Recovery Monitor - 17 April 2021
22 Abril 2021
As expected, due to the end of the spring break leisure season, U.S. industry recovery came to a pause during the week ending 17 April as demand fell 4% week over week. The good news, room demand remained above 21 million for a fifth consecutive week.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Forecast: How quickly will Mumbai get back on the recovery track?
20 Abril 2021
After an auspicious start to its performance recovery, Mumbai’s hotel industry appeared ready to continue setting the trend for urban markets in 2021. However, a second wave of COVID-19 cases has called a temporary halt to the market’s success.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Forecast
Tourism After Lockdown: Waiting for Business Travel to Return
19 Abril 2021
The return of leisure travel has been obvious. We know, however, that full industry recovery hinges on the return of business travel. For insights into the topic, we surveyed our Traveler Panel as part of our Tourism After Lockdown series. Read more here.
Etiquetas
Global
Tourism
Industry Updates
Research
2021 Chinese New Year impact
19 Abril 2021
One of the largest global celebrations each year is, undoubtably, Chinese New Year. Although the celebration this year (11-17 February 2021) felt different for the country, there was a noticeable impact around hotel performance.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 10 April 2021
15 Abril 2021
The week of 4-10 April was all about demand. The number of U.S. room nights sold surged to 22 million, which was the most since the start of the pandemic. As a result, occupancy reached 59.7%, also the highest level of the past year.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Tourism After Lockdown: Travel barriers
15 Abril 2021
Effective COVID-safe measures and clear communications by travel brands can do much to reassure consumers and mitigate the impact of these comfort barriers. Learn more about travel barriers in our latest “Tourism After Lockdown” consumer research series to find out more.
Etiquetas
Global
Tourism
Industry Updates
Research
Tourism After Lockdown: The long and short of long-haul travel
12 Abril 2021
3/4 of travelers intend to take an overnight leisure trip in 2021. We know that local, short-term travel has been the “norm” this past year, but how has sentiment toward international and long-haul travel evolved? Find out in the first article from our Tourism After Lockdown series.
Etiquetas
Global
Tourism
Industry Updates
Research
U.S. Market Recovery Monitor - 3 April 2021
8 Abril 2021
Weekly RevPAR rose to US$65.34, which was a 4.2% increase week over week and the industry’s highest level of the past 56 weeks when indexed to 2019.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Majority of India hotel markets remain in Recession territory
5 Abril 2021
India hotels achieved a 50% occupancy level in February, which was the first time the country eclipsed that monthly mark since the start of the pandemic.
Etiquetas
Asia Pacific
Hotels
Recovery
Industry Updates
Benchmarking
U.S. Market Recovery Monitor - 27 March 2021
1 Abril 2021
With Spring Break waning, it wasn’t surprising to see performance slow a bit during the week. Room demand, which was 350,000 less than the week of 20 March, was still above 21 million for a second straight week. Before the week of 20 March, that level had not been seen since before the pandemic.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Bali trailing other Indonesian markets in hotel performance recovery
29 Marzo 2021
Indonesia finished 2020 in similar shape as its regional peers. Domestic demand was strong enough to lift hotel occupancy from pandemic low points but not sufficient to overcome the void in international travel. The impact from lost international demand is most obvious in Bali.
Etiquetas
Asia Pacific
Hotels
Historical Data
Recovery
America's Cup lifts Auckland occupancy to 2021 high
29 Marzo 2021
The 36th America’s cup, originally scheduled to start on 6 March 2021, was delayed a few days because of lockdown in measures in Auckland. Fortunately for hoteliers, a lift in demand was right on time and helped push the market’s daily occupancy to its highest level for this early portion of 2021.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
Video: U.S. performance results for February 2021
25 Marzo 2021
U.S. performance results for February 2021
Etiquetas
North America
Industry Updates
Hotels
Video
Video: U.K. performance results - A look back and a look forward
25 Marzo 2021
U.K. performance results - A look back and a look forward
Etiquetas
Europe
Hotels
Industry Updates
Video
U.S. Market Recovery Monitor - 20 March 2021
25 Marzo 2021
Occupancy hit yet another pandemic high of 58.9%. Even when switching to STR’s TRI methodology, which factors in those properties temporarily closed due to the pandemic, occupancy still came in at 55.7%. Occupancy, regardless of methodology, has been on a steady rise since late January.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
Sanya surpasses other APAC 'resort' destinations during holiday periods
22 Marzo 2021
Closed borders continue to limit the recovery ability of many destinations in the Asia Pacific region. However, Sanya, the southernmost city on China’s Hainan Island, continues to stand out thanks to high levels of domestic tourism.
Etiquetas
Asia Pacific
Hotels
Industry Updates
Historical Data
U.S. Market Recovery Monitor - 13 March 2021
18 Marzo 2021
The U.S. achieved its highest absolute weekly RevPAR ($53.45) since the week ending 14 March 2020. When indexed against 2019, RevPAR was 57% of the level achieved during the comparable week in 2019. Similar to the most recent weeks, that RevPAR index remains well in the recession classification.
Etiquetas
North America
Hotels
Recovery
Benchmarking
Industry Updates
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