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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: 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
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
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
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
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
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
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
Global
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
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
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
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
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
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
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
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
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
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
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
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
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
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