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Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More
22 novembre 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
Étiquettes
Industry Updates
Global
Hotels
Tourism
Industry Basics
RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish
20 novembre 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.
Étiquettes
Hotels
Industry Updates
Global
Historical Data
77% of global markets grew RevPAR against last year, Japan generating more momentum
23 octobre 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.
Étiquettes
Hotels
Global
Industry Updates
Hotel forecasting: why it is important to your business
2 octobre 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.
Étiquettes
Hotels
Forward Data
Industry Basics
Educational
Small pickup in global markets with RevPAR growth, special events continue to move the needle
30 septembre 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.
Étiquettes
Global
Industry Updates
Hotels
The role of total revenue management in a hotel profitability strategy
28 août 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.
Étiquettes
Global
Hotels
Educational
Industry Basics
Profit and Loss
Smaller markets scored big during Euros
7 août 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.
Étiquettes
Hotels
Global
Industry Updates
Euro hosts stand out as 64% of global hotel markets outperformed 2023
30 juillet 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.
Étiquettes
Hotels
Industry Updates
Global
Historical Data
Qu’est-ce que le GOPPAR ? Quels sont les avantages pour vos hôtels ?
25 juin 2024
Learn how measuring GOPPAR can provide a better picture of your hotel’s financial health, how to calculate it and more here.
Étiquettes
Global
Educational
Hotels
Profit and Loss
Industry Basics
65% of global markets post year-over-year RevPAR growth
25 juin 2024
Most countries steadily outperformed 2023, while market-level performance continued to be supported by events.
Étiquettes
Hotels
Global
Industry Updates
Qu’est-ce que le revenu moyen par chambre disponible (RevPAR) et comment le calculer ?
23 janvier 2020
En savoir plus sur l’indicateur de performance de référence du secteur hôtelier mondial, le revenu par chambre disponible (RevPAR).
Étiquettes
Benchmarking
Hotels
Educational
Global
Industry Basics
Earlier Ramadan and Eid al-Fitr celebrations had positive impact on Dubai hotel performance
26 avril 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.
Étiquettes
Hotels
Middle East and Africa
Industry Updates
Fewer global markets recording RevPAR growth, Japan a big exception
24 avril 2024
Less hotel markets increased RevPAR year over year, while currency depreciation is driving growth in Japan.
Étiquettes
Hotels
Global
Industry Updates
More global hotel markets growing RevPAR
21 mars 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.
Étiquettes
Hotels
Global
Industry Updates
Jeux Olympiques de Paris - Trois tendances dont il faut tenir compte
23 février 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.
Étiquettes
Hotels
Global
Forward Data
Forecast
Industry Updates
Paris Summer Olympics: Three key trends to consider
5 février 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.
Étiquettes
Hotels
Global
Forward Data
Forecast
Industry Updates
New York City and Washington, D.C. among top performing U.S. markets in 2023
29 janvier 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.
Étiquettes
Historical Data
Industry Updates
North America
Hotels
85% of global markets recovered RevPAR last year
26 janvier 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%.
Étiquettes
Hotels
Industry Updates
Global
75% of global markets stayed above 2019 RevPAR, Dubai gained as host of COP28
27 décembre 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.
Étiquettes
Global
Hotels
Industry Updates
TRevPAR et RevPAR
25 juin 2024
Quelles sont les différences entre le RevPAR et le TRevPAR ? Comment les exploitants en hôtellerie peuvent-ils savoir quel indicateur utiliser ? Nous analysons le cas d’utilisation pour le RevPAR et le TRevPAR.
Étiquettes
Hotels
Global
Educational
Benchmarking
Industry Basics
Using business on the books in a complete benchmarking approach
12 décembre 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.
Étiquettes
Forward Data
Global
Educational
Hotels
Benchmarking
Asian countries lead in absolute RevPAR, while South America highlights recovery
27 novembre 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.
Étiquettes
Hotels
Industry Updates
Historical Data
Exemple de P&L pour un hôtel
22 janvier 2020
Learn how P&L statements can help you understand your hotel profitability through our hotel P&L examples.
Étiquettes
Profit and Loss
Hotels
Educational
Global
APAC hotel recovery now on par with the rest of the world
1 novembre 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.
Étiquettes
Asia Pacific
Hotels
Recovery
Forecast
U.S. hotel commentary - September 2023
30 octobre 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.
Étiquettes
North America
Hotels
Industry Updates
STR Weekly Insights: 15-21 October 2023
27 octobre 2023
Countries included: Chile, Ireland, South Korea, United Arab Emirates, United Kingdom, and the United States.
Étiquettes
Global
Recovery
Hotels
Industry Updates
Forward Data
Markets with RevPAR growth steadied, Italy lead continued into autumn
27 octobre 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.
Étiquettes
Global
Industry Updates
Hotels
Hotel performance standouts during Beyonce’s world tour
24 octobre 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.
Étiquettes
Global
Events
Historical Data
Industry Updates
North America
Hotels
China hotel performance jumped during eight-day-long Golden Week
19 octobre 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.
Étiquettes
Asia Pacific
Hotels
Industry Updates
Japan hotel performance recovery accelerated during summer months
11 octobre 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.
Étiquettes
Industry Updates
Hotels
Asia Pacific
STR Weekly Insights: 13-19 August 2023
25 août 2023
Countries included: United States, Canada, China, El Salvador, France, Germany, Indonesia, Italy, Japan, Mexico, Seychelles, Singapore, Spain, and United Kingdom
Étiquettes
Global
Hotels
Industry Updates
Recovery
Forward Data
88% of global markets post RevPAR growth above 2019, on par with the record high
23 août 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.
Étiquettes
Industry Updates
Global
Hotels
Taylor Swift, Coldplay and the Rotary Convention: Singapore hotel bookings jump for eventful first half of 2024
27 juillet 2023
2024 bookings are on the rise in Singapore. Three events are the focus in this latest piece utilizing Forward STAR data.
Étiquettes
Forward Data
Events
Asia Pacific
Industry Updates
Hotels
90% of global markets post RevPAR growth above 2019, most of China included
26 juillet 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.
Étiquettes
Industry Updates
Global
Hotels
STR Weekly Insights: 25 June – 1 July 2023
7 juillet 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Étiquettes
Global
Industry Updates
Recovery
Hotels
STR Weekly Insights: 18 – 24 June 2023
30 juin 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Étiquettes
Global
Hotels
Industry Updates
Recovery
Forward Data
U.S. hotel performance cooled a bit in the leadup to summer
26 juin 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.
Étiquettes
North America
Industry Updates
Hotels
STR Weekly Insights: 11 – 17 June 2023
23 juin 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
Étiquettes
Global
Industry Updates
Recovery
Hotels
STR Weekly Insights: 4-10 June 2023
16 juin 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Étiquettes
Global
Industry Updates
Recovery
Hotels
U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”
9 juin 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.
Étiquettes
North America
Events
Historical Data
Hotels
Industry Updates
U.S. hotel commentary - April 2023
5 juin 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.
Étiquettes
North America
Industry Updates
Hotels
Recovery
Healthy outlook for Europe hotels: Corporate demand recovering, leisure travel remains resilient
23 mai 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.
Étiquettes
Europe
Hotels
Industry Updates
Forward Data
STR Weekly Insights: 7-13 May 2023
19 mai 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, United Arab Emirates.
Étiquettes
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 30 April – 6 May 2023
12 mai 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.
Étiquettes
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 16-22 April 2023
28 avril 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland, and Fiji.
Étiquettes
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 9-15 April 2023
21 avril 2023
Countries included: United States, China, Japan, Indonesia, Canada, Bahamas, Jamaica, Puerto Rico, Curacao, Netherlands, Ireland and Fiji.
Étiquettes
Global
Hotels
Industry Updates
Recovery
STR Weekly Insights: 2-8 April 2023
14 avril 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.
Étiquettes
Global
Industry Updates
Recovery
Hotels
Benchmarking
STR Weekly Insights: 26 March – 1 April 2023
7 avril 2023
Countries included: United States, Mexico, Canada, United Kingdom, France, Italy, Spain, China, Germany, Japan, Indonesia, Bahamas, Ireland, Jamaica, Puerto Rico, and the Netherlands.
Étiquettes
Global
Hotels
Industry Updates
Recovery
U.S. hotel commentary - February 2023
3 avril 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.
Étiquettes
North America
Recovery
Industry Updates
Hotels
STR Weekly Insights: 19-25 March 2023
31 mars 2023
Countries included: United States, United Kingdom, Indonesia, Spain, China, Germany, Guatemala, Jamaica, Bahamas, Belgium, Luxembourg, Switzerland, Croatia and Switzerland
Étiquettes
Global
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 12–18 March 2023
24 mars 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
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 5-11 March 2023
17 mars 2023
Countries included: United States, United Arab Emirates, Jamaica, Puerto Rico, Dominican Republic, Barbados, Senegal, New Zealand, United Kingdom, Germany, Indonesia, and China
Étiquettes
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR Weekly Insights: 26 February – 4 March 2023
10 mars 2023
Countries included: United States, Barbados, United Arab Emirates, United Kingdom, Spain, Japan, Puerto Rico, Guam, Bangladesh, Germany, Mexico, China, Italy, Indonesia, Canada, France
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
U.S. hotels - January 2023 commentary
7 mars 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.
Étiquettes
North America
Hotels
Industry Updates
Recovery
STR Weekly Insights: 19-25 February 2023
3 mars 2023
Countries included: United States, United Arab Emirates, Puerto Rico, Singapore, Barbados, United Kingdom, Japan, and Mexico
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
Easter swing shifts school breaks substantially in Spring 2023
1 mars 2023
As spring break season approaches, tracking school calendar data becomes critical for predicting travel demand across the U.S.
Étiquettes
North America
Hotels
Tourism
Industry Updates
STR Weekly Insights: 12-18 February 2023
24 février 2023
Countries included: United States, United Kingdom, China, United Arab Emirates, Saudi Arabia, Barbados, Aruba, Puerto Rico
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 5-11 February 2023
17 février 2023
Countries included: United States, United Kingdom, Germany, China, Barbados, and United Arab Emirates
Étiquettes
Global
Hotels
Recovery
Benchmarking
Industry Updates
STR Weekly Insights: 29 January-4 February 2023
10 février 2023
Countries included: United States, Japan, France, United Kingdom, Indonesia, Turkey, Thailand, Germany, Mexico, Barbados
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
STR Weekly Insights: 22-28 January 2023
3 février 2023
Countries included: U.S., Barbados, United Kingdom, Germany
Étiquettes
Global
Hotels
Recovery
Benchmarking
Industry Updates
Restrictions, lack of inbound travel have limited Southeast Asia’s hotel performance
1 février 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.
Étiquettes
Asia Pacific
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 15-21 January 2023
27 janvier 2023
Countries included: U.S., Barbados, Fiji, Aruba, United Arab Emirates, United Kingdom, China
Étiquettes
Global
Hotels
Industry Updates
Benchmarking
Recovery
STR Weekly Insights: 8-14 January 2023
20 janvier 2023
Countries included: U.S., U.K., China
Étiquettes
Global
Hotels
Benchmarking
Industry Updates
Recovery
STR Weekly Insights: 1-7 January 2023
12 janvier 2023
Countries included in this week’s update: U.S., Japan, China, Barbados, Aruba, Cayman Islands, Germany, Luxembourg, Monaco
Étiquettes
Global
Hotels
Benchmarking
Industry Updates
Recovery
Market Recovery Monitor - 31 December 2022
9 janvier 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.
Étiquettes
Global
Industry Updates
Recovery
Benchmarking
Hotels
Market Recovery Monitor - 17 December 2022
22 décembre 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.
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
Consumers showing more preference toward hotels, less toward short-term rentals
20 décembre 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.
Étiquettes
Global
Hotels
Industry Updates
Research
Market Recovery Monitor - 10 December 2022
16 décembre 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.
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
Market Recovery Monitor - 3 December 2022
9 décembre 2022
The week after Thanksgiving (27 November-3 December) was somewhat typical for the U.S. hotel industry.
Étiquettes
Global
Hotels
Recovery
Industry Updates
Benchmarking
Market Recovery Monitor - 26 November 2022
2 décembre 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.
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
Hotel performance strengthens further for most countries outside of Asia
29 novembre 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.
Étiquettes
Asia Pacific
Hotels
Benchmarking
Historical Data
Market Recovery Monitor - 12 November 2022
17 novembre 2022
For the week of 6-12 November 2022, the post-Halloween demand return continued, as the metric increased 3.4% week on week.
Étiquettes
Global
Industry Updates
Benchmarking
Hotels
Recovery
Market Recovery Monitor - 5 November 2022
11 novembre 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.
Étiquettes
Global
Hotels
Industry Updates
Recovery
Benchmarking
Most global hotel markets maintain recovery pace; Singapore joins recovery leaders
8 novembre 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)
Étiquettes
Global
Hotels
Historical Data
Market Recovery Monitor - 29 October 2022
4 novembre 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.
Étiquettes
Global
Hotels
Recovery
Benchmarking
Industry Updates
Global hotel demand recovery reached a pandemic-era high in September
28 octobre 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.
Étiquettes
Global
Hotels
Industry Updates
Historical Data
Market Recovery Monitor - 22 October 2022
28 octobre 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%.
Étiquettes
Global
Hotels
Benchmarking
Industry Updates
Recovery
U.K. Hospitality Radar - September 2022
26 octobre 2022
U.K. Hospitality Radar - September 2022
Étiquettes
Europe
Hotels
Industry Updates
Video
Middle East hotel industry strength likely to be challenged by economic issues in other world regions
25 octobre 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.
Étiquettes
Middle East and Africa
Hotels
Industry Updates
Forward Data
Market Recovery Monitor - 8 October 2022
14 octobre 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.
Étiquettes
Global
Hotels
Benchmarking
Industry Updates
Recovery
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