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STR: Preliminary May data for Melbourne hotels

Melbourne’s hotel industry reported lower performance levels compared with the month prior, according to preliminary May 2021 data from STR.

STR: Preliminary May data for Riyadh hotels

Riyadh’s hotel industry reported its highest room rates in three months, according to preliminary May 2021 data from STR.

STR: Preliminary May data for Berlin hotels

STR’s preliminary May 2021 data for Berlin hotels showed slightly higher performance compared with previous months but at overall low levels.

STR: U.S. hotel results for week ending 5 June

U.S. weekly hotel performance remained relatively flat from the previous week but still reached pandemic-era highs, according to STR‘s latest data through 5 June.

India hotel occupancy on a continued decline amid second COVID-19 wave

After an improved start to 2021, India’s hotel occupancy has been on a rapid decline amid the second COVID-19 wave in the country, according to data from STR.

Baird/STR Hotel Stock Index dipped 2.8% in May

The Baird/STR Hotel Stock Index dipped 2.8% in May to a level of 5,148. Year to date through the first five months of 2021, the stock index was up 12.6%.

STR: U.S. hotel results for week ending 29 May

Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to STR‘s latest data through 29 May.

U.S. hotel profit improved to 60% of 2019 level, labor remains stagnant

Gross operating profit for U.S. hotels reached 60% of the comparable 2019 level, according to STR‘s April 2021 monthly P&L data release. While GOP in comparison with 2019 improved from 50% in March, labor spending was up to just 64% in April after coming in at 60% the previous month.

STR: U.S. hotel results for week ending 22 May

U.S. weekly hotel occupancy reached the 60% mark for the first time since the start of the pandemic, according to STR‘s latest data through 22 May.

STR: Canada hotel performance for April 2021

Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s April 2021 data.

Restrictions push Lima’s hotel occupancy down after reaching 6-month high

Recent COVID-19 restrictions pushed Lima’s hotel occupancy down after the market had reached a six-month high in April, according to data from STR.

Middle East’s Ramadan hotel occupancy approached 2019 level

The Middle East reported Ramadan hotel occupancy levels that were improved from last year and only slightly below the 2019 comparable, according to the latest data from STR.