STR, TE lift ADR projections further in revised U.S. hotel forecast

11 Agosto 2022
STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just presented at the 14th Annual Hotel Data Conference.

Berlin hotel occupancy pulled closer to pre-pandemic comparable in July

10 Agosto 2022
Berlin’s hotel occupancy came in just below the pre-pandemic comparable from July 2019, according to preliminary July 2022 data from STR.

STR: Sydney hotel performance dipped in July

10 Agosto 2022
Sydney’s hotel industry saw lower performance from the month prior, but comparisons against 2019 levels held steady, according to preliminary July 2022 data from STR.

STR: Dubai hotel performance remained steady in July

10 Agosto 2022
Aligned with historical patterns, Dubai’s hotel industry reported lower performance than the month prior while recovery levels to 2019 remained steady, according to preliminary July 2022 data from STR.

Hotel Data Conference sold out for first time since 2019

8 Agosto 2022
The 14th Annual Hotel Data Conference, presented by IDeaS, has sold out for the first time since 2019 with 712 registered attendees for the event on 10-12 August at the Omni Nashville Hotel.

STR: U.S. hotel results for week ending 30 July

4 Agosto 2022
U.S. hotel performance dipped slightly from the previous week, which was the traditional summer travel peak, according to STR‘s latest data through 30 July.

São Paulo leads hotel profitability recovery in Latin America

4 Agosto 2022
Among key hotel markets in Latin America, São Paulo led in recovery of gross operating profit per available room (GOPPAR), according to STR’s June 2022 P&L data release.

U.S. hotel profitability reached 32-month high in June

2 Agosto 2022
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR‘s June 2022 P&L data release.

STR: U.S. hotel results for week ending 23 July

28 Julio 2022
U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according to STR‘s latest data through 23 July.

Canada hotels post best performance of the pandemic-era

27 Julio 2022
Canada’s hotel performance was the highest of the pandemic-era, with monthly hotel room rates reaching an all-time high, according to STR’s June 2022 data.

U.S. hotel construction continued on a downward trajectory in June

22 Julio 2022
While U.S. hotel construction has declined for seven consecutive months, rooms in construction in both New York City and Nashville represent a significant percentage of those markets’ existing supply.

STR: U.S. hotel results for week ending 16 July

21 Julio 2022
After two consecutive weeks of lower demand around the Fourth of July holiday, U.S. hotel performance bounced back from the previous week, according to STR‘s latest data through 16 July.