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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
STR Weekly Insights: 10-16 November 2024
22 novembre 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
Étiquettes
Global
Industry Updates
Forward Data
Upcoming holiday season impact on U.S. hotel performance
21 novembre 2024
Two significant changes will impact travel in the U.S. this holiday season.
Étiquettes
North America
Forecast
Industry Updates
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
STR Weekly Insights: 3-9 November 2024
15 novembre 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 26 October - 2 November 2024
8 novembre 2024
Travel compression, events and recovery efforts again drove U.S. RevPAR; southern states led U.S. performance, and global RevPAR growth remained in double-digits.
STR Weekly Insights: 20-26 October 2024
1 novembre 2024
U.S. Group demand reaches annual peak and global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains.
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - September 2024
30 octobre 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 13-19 October 2024
25 octobre 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
Étiquettes
Global
Industry Updates
Forward 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
U.S. election impact on global travel and hotel performance
18 octobre 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
Étiquettes
Global
Industry Updates
Historical Data
Forward Data
STR Weekly Insights: 6 - 12 October 2024
18 octobre 2024
Countries/markets mentioned: United States: Atlanta, Las Vegas, New Orleans, New York City, Phoenix, Augusta, Florida Central North, Greenville/Spartanburg, Macon/Warner Robins; Global: China, Italy, Spain.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 29 September – 5 October 2024
11 octobre 2024
Countries/markets mentioned: United States: Augusta, Charlotte, Chicago, Columbia, Dallas, Detroit, Florida Central North, Houston, Las Vegas, Macon/Robbins, Miami, Tampa, Sarasota, Seattle; Global: Australia (ACT & Canberra, Brisbane, Melbourne), China, Indonesia (Central Java), Mexico.
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - August 2024
4 octobre 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 22-28 September 2024
4 octobre 2024
Countries/markets mentioned: United States: Alabama North, Chicago, Columbus, Indiana North, Louisiana South, Louisville, Michigan South, New York City, Pittsburgh, San Diego, Syracuse; Global: Germany, Australia.
Étiquettes
Global
Industry Updates
Forward Data
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
STR Weekly Insights: 15-21 September 2024
27 septembre 2024
Countries/markets mentioned: United States: Columbus, Houston, New Orleans, New York City, Oklahoma City, Raleigh/Durham/Chapel Hill, San Francisco; Global: China (Chengdu, Guangdong), Germany (Berlin, Munich), Mexico (Mexico City)
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 8-14 September 2024
20 septembre 2024
Countries/markets mentioned: United States: Chicago, Indianapolis, Las Vegas, Miami, New Orleans, Anaheim (Orange County), San Francisco; Global: Canada, China, Indonesia, Mexico, and Spain.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 1 – 7 September 2024
13 septembre 2024
Countries/markets mentioned: United States: Charlotte, Detroit, Houston, New York City, Philadelphia, Salt Lake City, St. Louis, Tampa; Global: China (Beijing), Indonesia, Mexico, Spain.
Étiquettes
Global
Industry Updates
Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season
11 septembre 2024
Taylor Swift’s Eras Tour took Europe by storm this summer, with 47 concerts across 17 cities over a 15-week period from May to August.
Étiquettes
Europe
Industry Updates
North America
STR Weekly Insights: 25-31 August 2024
6 septembre 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Columbus, Des Moines, Houston, Milwaukee, New Orleans, Seattle; Global: China, Indonesia, Mexico, Spain
Étiquettes
Global
Industry Updates
Forward Data
Maui remains top hotel market despite slow recovery after fires
3 septembre 2024
A year after a series of tragic fires in Maui, topline hotel performance remains below 2023 levels due to slower recovery, but the island maintains higher levels compared to other U.S. markets.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 18-24 August 2024
30 août 2024
Countries/markets mentioned: United States: Chicago, Houston, Milwaukee, New Orleans; Global: China, Mexico, United Kingdom (London).
Étiquettes
Global
Industry Updates
Forward Data
Less global markets show RevPAR growth, but Olympics and concerts produce highlights
30 août 2024
STR’s global “bubble chart” update through late-August showed fewer RevPAR growth markets but a handful of event-driven standouts.
Étiquettes
Global
Industry Updates
U.S. hotel commentary - July 2024
29 août 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
Étiquettes
North America
Industry Updates
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
STR Weekly Insights: 11-17 August 2024
23 août 2024
United States: Chicago, Dallas, Houston, Indianapolis, Miami, Minneapolis, New Orleans, San Diego, Anaheim (Orange County); Global: Canada, China, France, Indonesia, and the United Kingdom.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 4-10 August 2024
16 août 2024
Countries/markets mentioned: United States: Atlanta, Boston, Chicago, Denver, Houston, Las Vegas, New Orleans, New York City, Oahu, Anaheim (Orange County); Global: China (Shenzhen), France (Île-de-France, Paris)
Étiquettes
Global
Forward Data
Industry Updates
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
STR Weekly Insights: 21-27 July 2024
2 août 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New Orleans, Philadelphia, San Diego and San Francisco; Global: France (Île-de-France, Paris), United Kingdom (London)
Étiquettes
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
STR Weekly Insights: 14-20 July 2024
26 juillet 2024
Countries/markets mentioned: United States: Atlanta, Chicago, Denver, Detroit, Houston, Kansas City, Las Vegas, Minneapolis, New Orleans, Pittsburgh, Salt Lake City; Global: France (Paris), Indonesia (Jakarta, Kalimantan, Bali), Germany (Berlin)
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 7-13 July 2024
19 juillet 2024
Countries/markets mentioned: United States: Houston, Minneapolis, New Orleans and Oahu; Global: Indonesia (Bali, Borneo, Kalimantan), Germany (Dortmund, Munich).
Étiquettes
Global
Industry Updates
Forward Data
Formula 1 races are shifting hotel performance into high gear in 2024
12 juillet 2024
Set on a global stage, Formula 1 spans across multiple continents, with 12 of the 24 races so far this year having taken place on F1’s biggest ever calendar.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 30 June – 6 July 2024
12 juillet 2024
Countries/markets mentioned: United States: Denver, Houston, New Orleans, Oahu, Philadelphia, Seattle; Global: France (Paris), Germany (Düsseldorf)
Étiquettes
Global
Industry Updates
U.S. hotel commentary - May 2024
3 juillet 2024
RevPAR growth was the highest since March 2023.
STR Weekly Insights: 16-22 June 2024
28 juin 2024
Countries/markets mentioned: United States: Nashville, Oahu, Anaheim (Orange County), Philadelphia, Seattle; Global: France (Paris), Germany (Dusseldorf, Stuttgart), Spain (Balearic Islands, Barcelona, Madrid), United Kingdom (Cardiff, London)
Étiquettes
Global
Industry Updates
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
STR Weekly Insights: 9-15 June 2024
21 juin 2024
Countries/markets mentioned: United States: Boston, Chicago, Denver, Detroit, Houston, San Francisco; Global: Austria, China, France, Germany, Indonesia, Ireland, Italy, Japan, Netherlands, Poland, Spain, Switzerland, United Kingdom
Étiquettes
Global
Industry Updates
STR Weekly Insights: 2-8 June 2024
14 juin 2024
Countries/markets mentioned: United States: Houston, Las Vegas, New York, Orlando, San Diego, San Francisco, St. Louis; Global: China, France, Germany (Berlin, Stuttgart), Italy (Rome, Milan), Mexico (Mexico City)
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - April 2024
11 juin 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
Étiquettes
North America
Industry Updates
STR Weekly Insights: 26 May – 1 June 2024
7 juin 2024
Countries/markets mentioned: United States: Chicago, Dallas, Houston, Las Vegas, New Orleans, New York, Orlando; Global: Germany (Dusseldorf), Spain (Madrid), United Kingdom.
Étiquettes
Global
Industry Updates
Forward Data
RNC and DNC: How political conventions impact host market hotel performance
31 mai 2024
This summer quadrennial tradition consistently results in an oversized performance boost to host markets’ hotel performance on a scale that might be fairly compared to a “Super Bowl” of politics.
Étiquettes
North America
Forward Data
Hotels across Germany are filling up for UEFA Euro 2024
29 mai 2024
Set to take place across multiple locations in Germany, the 2024 UEFA European Football Championship is expected to affect hotel performance just as much as football fans. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and around the match dates.
Étiquettes
Europe
Industry Updates
Events
Tourism
STR Weekly Insights: 12-18 May 2024
24 mai 2024
Countries/markets mentioned: United States: Louisville, Charlotte; Global: China, Germany, Indonesia, Ireland, United Kingdom
Étiquettes
Global
Industry Updates
More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth
23 mai 2024
The level of global hotel markets with year-over-year growth stayed above 70%. Japan and countries in Southeast Asia drove the growth.
Étiquettes
Global
Industry Updates
A look at Mainland China’s hotel performance during the May Day period
22 mai 2024
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
Étiquettes
Asia Pacific
Industry Updates
STR Weekly Insights: 5-11 May 2024
17 mai 2024
Countries/markets mentioned: United States: Daytona Beach, Las Vegas, Minneapolis, and San Francisco; Global: China, France, Germany, Japan, and Spain.
Étiquettes
Global
Industry Updates
Forward Data
A deep dive into Japan’s hotel ADR growth trends
14 mai 2024
While initial spikes in Japan's hotel room rate growth coincided with true pandemic recovery, the lift has largely been impacted by the depreciating yen for the last year or so.
Étiquettes
Asia Pacific
Industry Updates
STR Weekly Insights: 28 April – 4 May 2024
10 mai 2024
Countries (markets) mentioned: United States; Global: United Kingdom (London, Manchester, Edinburgh, Glasgow), Germany, France, Spain (Madrid, Barcelona, Canary and Balearic Islands) and Italy.
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 21-27 April 2024
3 mai 2024
Countries (markets) mentioned: United States: Detroit, Miami, Philadelphia, Seattle, Tampa; Global: Australia (Adelaide, South Australia), Indonesia, United Kingdom (Aberdeen, Cardiff)
Étiquettes
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
Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand
2 mai 2024
Based on their experiences and expectations as travel industry professionals, our global community shared their perspectives on demand segments, short- to long-term business confidence, and more in recent results from our Hospitality Industry Sentiment (HIS) survey.
Étiquettes
Global
Industry Updates
U.S. hotel commentary - March 2024
1 mai 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 14-20 April 2024
26 avril 2024
Countries (markets) mentioned: United States: Augusta, GA; Buffalo, NY; Dallas, Gatlinburg, TN; Indianapolis, New York City, Philadelphia, St. Louis, and Washington, D.C.; Global: Indonesia, Italy (Sardinia, Venice), Spain (Canary Islands, Mediterranean Coast), United Kingdom
Étiquettes
Global
Industry Updates
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
STR Weekly Insights: 7-13 April 2024
19 avril 2024
Countries (markets) mentioned: United States: Phoenix, Philadelphia, Dallas, Cleveland, Augusta; Global: China, Canada (Montreal, Toronto), Germany, Mexico.
Étiquettes
Global
Industry Updates
Forward Data
2024 solar eclipse drove hotel performance records across markets in path of totality
18 avril 2024
The total solar eclipse on Monday, 8 April may have darkened cities across Mexico, the U.S., and Canada, but you may want to grab your eclipse glasses once again in preparation for how much the event brightened performance.
Étiquettes
North America
Events
Industry Updates
STR Weekly Insights: 31 March – 6 April and preliminary March 2024
12 avril 2024
Countries (markets) mentioned: United States: Cleveland, Des Moines, Indianapolis, Phoenix, Philadelphia; Global: Mexico.
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - February 2024
27 mars 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 10-16 March 2024
22 mars 2024
United States: (Anaheim, Atlanta, Las Vegas, Naples, New Orleans, New York City, Phoenix, San Francisco, Seattle, and Washington, D.C.; Global: Indonesia, Mexico (Mexican Caribbean, Yucatan/Campeche) and Spain (Canary Islands, Madrid, Mediterranean Coast).
Étiquettes
Global
Industry Updates
Forward Data
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
How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”
20 mars 2024
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, “ready for it”. The seventeen-night leg gave a much-needed performance boost to Tokyo, Sydney, Melbourne, and Singapore hotels.
Étiquettes
Asia Pacific
Europe
Industry Updates
Forward Data
STR Weekly Insights: 3 - 9 March 2024
15 mars 2024
Countries (markets) mentioned: United States (Baltimore, Daytona Beach, Denver, Fort Lauderdale, Fort Myers, Las Vegas, Miami, Minneapolis, Oahu, Orlando, Phoenix, San Antonio, Sacramento, St. Louis, Tampa and Tucson); Germany (Cologne and Frankfurt), Indonesia, and Singapore.
Étiquettes
Global
Industry Updates
Forward Data
Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign
14 mars 2024
In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.
Étiquettes
Global
Industry Updates
Early Easter pushes spring break peak forward a week in 2024
11 mars 2024
Spring break season is officially here, and tracking school calendar data becomes critical during this time in order to predict travel demand across the U.S.
Étiquettes
North America
Industry Updates
Regional update: 2023 data and the year ahead
8 mars 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Étiquettes
Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe
STR Weekly Insights: 25 February – 2 March 2024
8 mars 2024
Countries (markets) mentioned: United States (Baltimore, Dallas, Houston, Las Vegas, Miami, Nashville, Oahu, Orlando, San Francisco, San Jose/Santa Cruz, Seattle), Indonesia (Bali, Jakarta), Spain (Barcelona), and Singapore.
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - January 2024
1 mars 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
Étiquettes
North America
Industry Updates
STR Weekly Insights: 18-24 February 2024
1 mars 2024
Countries (markets) mentioned: United States (Cleveland, Las Vegas, Minneapolis, Washington, D.C.); Australia (Melbourne, Sydney), China, Germany.
Étiquettes
Global
Industry Updates
Forward Data
74% of global markets increased RevPAR to start 2024
26 février 2024
Almost three quarters of hotel markets increased RevPAR year over year, with notable strength in Asia as the continent experienced its first January without travel restrictions in five years. Hokkaido, Kyoto, and Tokyo were among the leading markets in RevPAR growth.
Étiquettes
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
Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR
22 février 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
Étiquettes
North America
Events
Industry Updates
STR Weekly Insights: 11-17 February 2024
22 février 2024
Countries (markets) mentioned: United States (Atlanta, Boston, Denver, Las Vegas, Minneapolis, New Orleans, Oahu, Philadelphia, San Francisco, Tampa, Washington, D.C.), Australia (Melbourne, Sydney), Indonesia, Spain (Mediterranean Coast).
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 4-10 February 2024
16 février 2024
Countries (markets) mentioned: United States (Boston, Las Vegas, Miami, Mobile, AL, New Jersey Shore, New Orleans, New York City, Oahu, Orlando, St. Louis), China, Japan (Hokkaido, Kyoto, Tokyo), Spain (Madrid, Mediterranean Coast).
Étiquettes
Global
Industry Updates
Forward Data
2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?
15 février 2024
In early-April 2024, a Total Solar Eclipse will once again pass over cities across North America and drive an influx of spectators in need of overnight accommodations. That means a lift in hotel performance is once again on the horizon, but there are key differences from the Total Eclipse in 2017.
Étiquettes
North America
Industry Updates
Forward Data
STR Weekly Insights: 28 January – 3 February 2024
9 février 2024
Countries (markets) mentioned: United States (Baltimore, Boston, Jackson, MS, Knoxville, Las Vegas, Miami, New York City, Oahu, Orlando, Phoenix, San Jose/Santa Cruz, Seattle), China, Indonesia, Italy (Rome, Milan), Japan (Tokyo), Singapore, Spain (Barcelona, Madrid)
Étiquettes
Global
Industry Updates
Forward Data
Les secrets de la réussite stratégique : comment les groupes de concurrents permettent aux hôteliers de prendre des décisions commerciales judicieuses
11 juin 2024
Ce n’est qu’en disposant d’informations complètes que l’on peut prendre les meilleures décisions. C’est la raison pour laquelle les propriétaires et les exploitants d’hôtels sont mieux positionnés pour développer leur activité lorsqu’ils disposent d’une vision détaillée de la concurrence.
Étiquettes
Global
Benchmarking
Educational
Industry Basics
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
STR Weekly Insights: 21-27 January 2024
2 février 2024
Countries (markets) mentioned: United States (Anaheim, Baltimore, Chicago, Colorado Area, Detroit, Las Vegas, Oahu, Orlando, San Francisco, Seattle), China, Germany, Japan, Spain (Madrid)
Étiquettes
Global
Industry Updates
Forward Data
U.S. hotel commentary - December/Full-year 2023
30 janvier 2024
The year started with easy comparables due to the Omicron impact in Q1 2022, but performance growth softened as 2023 progressed due to calendar shifts, increased outbound travel, and other factors revealing the beginning of a return to normal industry patterns.
Étiquettes
North America
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
STR Weekly Insights: 14-20 January 2024
26 janvier 2024
Countries (markets) mentioned: United States (Atlanta, Detroit, Dallas, Houston, Las Vegas, Nashville, New York, Seattle), China (Beijing), Japan, Indonesia, Germany, France, Mexico (Mexican Caribbean and Baja), Canada, United Arab Emirates (Dubai).
Étiquettes
Global
Industry Updates
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
STR Weekly Insights: 7-13 January 2024
19 janvier 2024
Countries (markets) mentioned: United States (Las Vegas, Houston, Anaheim, Detroit, San Francisco, New York City), China, Japan, Indonesia, and Spain (Madrid, Barcelona)
Étiquettes
Global
Industry Updates
Forward Data
STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024
12 janvier 2024
Countries/Markets mentioned: China, Dubai, Europe, GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), London, Los Angeles, New Orleans, New York, Orlando, Paris, Rio de Janeiro, Singapore, Sydney, and the United States.
Étiquettes
Global
Events
Industry Updates
U.S. hotel commentary - November 2023
29 décembre 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
Étiquettes
North America
Industry Updates
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
STR Weekly Insights: 10-16 December 2023
22 décembre 2023
Countries included: China, Germany, Japan, United Kingdom, and the United States
Étiquettes
Global
Industry Updates
Forward Data
New Year’s Eve bookings in key cities give hoteliers a reason to celebrate
20 décembre 2023
New Year’s Eve is historically a key hotel performance night each year, and given the current rate of bookings, 2023 should be no exception.
Étiquettes
Global
Forward Data
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
Industry expert predictions for room rates remain robust despite diminished confidence in demand
18 décembre 2023
With the first full year of the Hospitality Industry Sentiment survey in the books, several strong patterns have emerged — and a few surprises as well.
Étiquettes
Global
Research
Industry Updates
STR Weekly Insights: 3-9 December 2023
15 décembre 2023
Countries included: China, Italy, and United States
Étiquettes
Global
Industry Updates
Recovery
Forward Data
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
STR Weekly Insights: 26 November – 2 December 2023
8 décembre 2023
Countries included: Germany, Spain, United Arab Emirates, United Kingdom, and the United States.
Étiquettes
Global
Industry Updates
Recovery
Forward Data
Hotels won the gold with global sporting events in 2023
6 décembre 2023
While concerts such as Taylor Swift’s Eras Tour and Beyoncé’s Renaissance Tour dominated headlines in 2023, global sporting events were another major driver of hotel performance around the world this year.
Étiquettes
Global
Industry Updates
Events
U.S. hotel commentary - October 2023
5 décembre 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
Étiquettes
North America
Recovery
Industry Updates
Profit and Loss
STR Weekly Insights: 12-18 November and 19-25 November 2023
1 décembre 2023
Countries included: China, Japan, United Arab Emirates, United Kingdom, and the United States
Étiquettes
Global
Industry Updates
Recovery
Forward Data
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
STR Weekly Insights: 5-11 November 2023
17 novembre 2023
Countries included: China, El Salvador, French Polynesia, Germany, Indonesia, Serbia, Spain, United Arab Emirates, United Kingdom, and the United States.
Étiquettes
Global
Industry Updates
Recovery
Forward Data
The role of profitability data in a comprehensive hotel benchmarking experience
13 novembre 2023
Discover another level of hotel benchmarking with our in-depth guide on hotel profitability. Learn how consistent financial insights can drive smarter decisions, boost revenue, and create operational efficiencies.
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
STR Weekly Insights: 29 October – 4 November 2023
10 novembre 2023
Countries included: Canada, China, Fiji, Germany, Ireland, United Arab Emirates, United Kingdom, United States, and Uruguay
Étiquettes
Global
Industry Updates
Recovery
Forward Data
STR Weekly Insights: 22-28 October 2023
3 novembre 2023
Countries included: China, El Salvador, Fiji, France, Serbia, United Arab Emirates, United Kingdom, and the United States
Étiquettes
Global
Industry Updates
Recovery
Forward Data
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
STR Weekly Insights: 8-14 October 2023
20 octobre 2023
Countries included: China, Curaçao, French Polynesia, Ireland, Japan, Jordan, United Kingdom, and the United States
Étiquettes
Global
Industry Updates
Recovery
Forward Data
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
STR Weekly Insights: 1-7 October 2023
13 octobre 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Spain, United Arab Emirates, and United States
Étiquettes
Global
Industry Updates
Forward Data
Recovery
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: 24-30 September 2023
5 octobre 2023
Countries included: China, Curaçao, Fiji, Indonesia, Ireland, Japan, Mauritius, United Kingdom, and United States.
Étiquettes
Global
Industry Updates
Recovery
Forward Data
U.S. hotel commentary - August 2023
2 octobre 2023
Top-line performance remained stable in August, with demand almost flat, occupancy declining year over year, and ADR rising at a slower pace than inflation.
Étiquettes
Global
Industry Updates
Recovery
STR Weekly Insights: 17-23 September 2023
29 septembre 2023
Countries included: Curaçao, Fiji, France, Italy, Japan, Mauritius, Serbia, Spain, United Kingdom, and the United States.
Étiquettes
Global
Industry Updates
Recovery
Forward Data
RevPAR growth slowed globally, Ireland occupancy breaks 90%, and China recovery softens
27 septembre 2023
A new edition of STR's global "bubble" charts shows normalized RevPAR growth across the world with 86% of markets above 2019 comparables as well as standout occupancy in Ireland and slowing recovery in China.
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