Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More

21 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

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.
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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.
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Hotels
Industry Updates
Global
Historical Data

Independent Hotel Show Munich 2024

18 novembre 2024
This deep dive into the DACH region explores current 2024 performance, with a look at independents vs. brands, day-of-week patterns, occupancy on the books, and more.

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.
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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.
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North America
Industry Updates
Australian Accommodation Monitor 2023-2024

Australian Accommodation Monitor Summary – Financial-year performance: 2023-2024

30 octobre 2024
Financial Year Performance: A return to normalised growth across all quarters. Key drivers include increased occupancy, event-driven ADR, and sustained demand in a majority of tourism regions.
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Asia Pacific
Hotels
Benchmarking
Historical Data

STR Weekly Insights: 13-19 October 2024

25 octobre 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
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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.
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Global
Industry Updates
Forward Data

Independent Hotel Show London 2024

16 octobre 2024
As the sole event dedicated exclusively to the region’s luxury and boutique hoteliers, the 2024 Independent Hotel Show London serves as a premier thought leadership platform.

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/TE Market Forecast Assumptions – August 2024

30 août 2024
Revised Market Forecasts from STR and Tourism Economics are now available. View the full global travel and macroeconomic assumptions that went into this quarter's reports.
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Forecast
Hotels
Global
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.