Revues de presse

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India hotel occupancy and ADR top pre-pandemic levels in mid-April

Amid continued recovery from the Omicron wave, India’s hotel industry eclipsed pre-pandemic comparables in occupancy and average daily rate (ADR) for three consecutive days during the second week of April, according to preliminary data from STR.

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

Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter, according to STR‘s latest data through 16 April.

STR: U.S. hotel performance for March 2022

Lifted by Spring Break travel, the U.S. hotel industry reported elevated performance with better indexed comparisons against 2019, according to March 2022 data from STR.

STR: U.S. hotel results for week ending 9 April

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 9 April.

The Americas and Asia Pacific regions show increased hotel pipeline activity

Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR.

Decline continues in U.S. hotel construction, but planning activity is up

While a steady hotel construction decline continues nationally, volume in New York City and Nashville represents a significant percentage of those markets’ existing supply. Additionally, planning activity continues to rise nationally with markets like Miami, Phoenix and San Francisco showing increased interest from developers, according to STR.

STR: Berlin hotel performance improved in March

Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR.

STR: Expo 2020 drove Dubai hotel occupancy above 90% for the first time since 2007

Driven by the final weeks of Expo 2020, Dubai’s hotel industry reported its first month of 90% or better occupancy since 2007, according to preliminary March 2022 data from STR.

Baird/STR Hotel Stock Index increased 2.2% in March

The Baird/STR Hotel Stock Index increased 2.2% in March to a level of 5,882. Year to date through the first three months of 2022, the stock index increased 2.4%.

STR: U.S. hotel results for week ending 2 April

Reflecting continued seasonal slowing in spring break travel, U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 2 April.

Australian Grand Prix lifting Melbourne hotel bookings to 29-month high

This weekend’s Australian Grand Prix is lifting Melbourne’s hotel occupancy on the books to its highest level since November 2019, according to STR’s Forward STAR.

South America hotel profitability still slumping

Rio de Janeiro is the only key market that has remained consistently above 2019 levels in GOPPAR. The market’s February GOPPAR was 172% of the pre-pandemic comparable, down from 216% in January.