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STR: U.S. leads world in hotel openings as construction activity declines

The U.S. led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM platform. At the same time, the country’s construction activity continues to decline in comparison with pre-pandemic levels.

U.S. hotel profitability hits pandemic high

U.S. hotel gross operating profit per available room (GOPPAR) reached its highest absolute level since February 2020, according to STR‘s February 2021 monthly P&L data release.

STR: U.S. hotel results for week ending 27 March

U.S. weekly hotel occupancy fell one point from the previous week, according to STR‘s latest data through 27 March.

STR: Saudi Arabia leads the world in projected hotel supply growth

Saudi Arabia shows 73,057 rooms across the three phases of the hotel pipeline, and the country’s projected 67.1% increase in room supply over the next three years is the highest among the world’s 50 most populated countries, according to STR’s AM:PM platform.

Bobby Bowers to retire from STR on 1 April

After 26 years with STR, Bobby Bowers will retire from his role as senior VP of operations effective 1 April.

STR: America's Cup lifts Auckland hotel performance to 2021 highs

The America’s Cup lifted Auckland daily hotel performance to its highest levels of early 2021, according to preliminary data from STR.

STR: U.S. hotel results for week ending 20 March

U.S. weekly hotel occupancy jumped almost seven points from the previous week to the highest level in the country since early March 2020, according to STR‘s latest data through 20 March 2021.

STR: Canada hotel performance for February 2021

Canada’s hotel industry reported slightly higher performance when compared with recent months, according to STR’s February 2021 data.

STR: U.S. hotel performance for February 2021

The U.S. hotel industry showed higher performance levels from the prior month, according to February 2021 data from STR.

STR: U.S. hotel results for week ending 13 March

U.S. weekly hotel occupancy reached its highest level in a year, according to STR‘s latest data through 13 March.

Hotel Data Conference set to take the global stage

The Hotel Data Conference: Global Edition will feature 78 speakers across 12 hours and five world regions on 25 March 2021. Co-hosted by STR and Hotel News Now with principal sponsor IDeaS, the event will be the first global edition of HDC and offer the industry’s most comprehensive global data agenda.

STR: U.S. hotel results for week ending 6 March

U.S. weekly hotel occupancy reached a 20-week high, according to STR‘s latest data through 6 March.