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U.S. hotel profit improved to 70% of 2019 level, labor flat

Gross operating profit for U.S. hotels reached 70% of the comparable 2019 level, according to STR‘s May 2021 monthly P&L data release. While demand, revenues and GOP continue to uptick, labor spending remained flat from the previous month at 64%.

STR: U.S. hotel results for week ending 26 June

U.S. weekly hotel occupancy hit its highest level since late October 2019, according to STR‘s latest data through 26 June.

STR contracts with Fáilte Ireland on hotel performance reporting

STR, the leader in data benchmarking and analytics for the global hospitality industry, has signed a contract with Fáilte Ireland, the national tourism development authority, to support measurement and reporting of hotel performance in Ireland.

STR: Canada hotel performance for May 2021

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

STR: U.S. hotel results for week ending 19 June

U.S. weekly hotel occupancy hit its highest level in 85 weeks, according to STR‘s latest data through 19 June.

STR: U.S. hotel performance for May 2021

The U.S. hotel industry recorded its highest monthly performance levels since before the beginning of the pandemic, according to May 2021 data from STR.

STR: U.S. hotel results for week ending 12 June

U.S. hotel occupancy reached its highest weekly level since early November 2019, according to STR‘s latest data through 12 June.

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.