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.
Etichette
North America
Forecast
Industry Updates

U.S. hotel commentary - September 2024

30 Ottobre 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

U.S. hotel commentary - August 2024

4 Ottobre 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
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North America
Industry Updates

Taylor Swift's Eras Tour heightened Europe performance levels amid popular tourist season

11 Settembre 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.
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Europe
Industry Updates
North America

Maui remains top hotel market despite slow recovery after fires

3 Settembre 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.
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North America
Industry Updates

U.S. hotel commentary - July 2024

29 Agosto 2024
After three months of year-over-year growth, U.S. RevPAR was flat (0.0%) compared with last July.
Etichette
North America
Industry Updates

U.S. hotel commentary - April 2024

11 Giugno 2024
U.S. RevPAR rose 2% year over year after declining in March (-2%).
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North America
Industry Updates

RNC and DNC: How political conventions impact host market hotel performance

31 Maggio 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.
Etichette
North America
Forward Data

U.S. hotel commentary - March 2024

1 Maggio 2024
Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.
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North America
Industry Updates

2024 solar eclipse drove hotel performance records across markets in path of totality

18 Aprile 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.
Etichette
North America
Events
Industry Updates

U.S. hotel commentary - February 2024

27 Marzo 2024
February produced modest RevPAR growth, reflecting the continued return to low single-digit gains.
Etichette
North America
Industry Updates

Early Easter pushes spring break peak forward a week in 2024

11 Marzo 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.
Etichette
North America
Industry Updates

Regional update: 2023 data and the year ahead

8 Marzo 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.
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Global
Historical Data
Industry Updates
North America
Asia Pacific
Middle East and Africa
Europe

U.S. hotel commentary - January 2024

1 Marzo 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
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North America
Industry Updates

Las Vegas hotels broke continental U.S. record for Saturday and Sunday ADR

22 Febbraio 2024
Super Bowl LVIII in Las Vegas produced unprecedented hotel performance levels—not just for the Super Bowl but for any weekend in history.
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North America
Events
Industry Updates

2024 Total Solar Eclipse: How will the hotel performance impact stack up to 2017?

15 Febbraio 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.
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North America
Industry Updates
Forward Data

U.S. hotel commentary - December/Full-year 2023

30 Gennaio 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.
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North America
Industry Updates

New York City and Washington, D.C. among top performing U.S. markets in 2023

29 Gennaio 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.
Etichette
Historical Data
Industry Updates
North America
Hotels

U.S. hotel commentary - November 2023

29 Dicembre 2023
RevPAR grew as strong ADR growth offset an occupancy decline.
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North America
Industry Updates

U.S. hotel commentary - October 2023

5 Dicembre 2023
Group demand in Luxury and Upper Upscale class hotels was the highest for any single month since October 2018.
Etichette
North America
Recovery
Industry Updates
Profit and Loss

U.S. hotel commentary - September 2023

30 Ottobre 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.
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North America
Hotels
Industry Updates

Hotel performance standouts during Beyonce’s world tour

24 Ottobre 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.
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Global
Events
Historical Data
Industry Updates
North America
Hotels

Fall Break and Homecoming Scheduling Provides Hotel Demand Opportunities Across the U.S.

26 Settembre 2023
School is now fully in session in the U.S., and upcoming fall schedules are the first opportunity this season for hoteliers to capitalize on an influx of traveling students and their families. More specifically, the hotel industry can plan on peak fall break demand during the first half of October.
Etichette
Industry Updates
North America

Taylor Swift impact grows to $208M in U.S. hotel room revenue

30 Agosto 2023
Best believe U.S. hotels were still “bejeweled” when Swift came to town, as concert dates after our previous update (June through early August) increased the tour impact to $208 million in additional U.S. hotel room revenue.
Etichette
North America
Events
Industry Updates
Forward Data
Global

U.S. hotel commentary – June 2023

25 Luglio 2023
U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.
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North America
Industry Updates

U.S. hotel commentary - May 2023

3 Luglio 2023
Weekends were the culprit behind May’s lower demand growth, as weekend levels declined year over year for the second month in a row.
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North America
Industry Updates
Profit and Loss
Recovery

U.S. hotel performance cooled a bit in the leadup to summer

26 Giugno 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.
Etichette
North America
Industry Updates
Hotels

U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”

9 Giugno 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.
Etichette
North America
Events
Historical Data
Hotels
Industry Updates

U.S. hotel commentary - April 2023

5 Giugno 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.
Etichette
North America
Industry Updates
Hotels
Recovery

NYC leading U.S. markets, Boston, D.C. and Alaska join occupancy leaderboard

25 Maggio 2023
U.S. hotel performance produced an incremental gain during the four weeks ending 13 May, a period that falls in between the heavy, summer travel season and earlier year peaks.
Etichette
North America
Industry Updates
Historical Data

U.S. hotel commentary - March 2023

2 Maggio 2023
U.S. hotel rate growth continues to drive RevPAR growth, and while ADR is still posting very strong YoY growth rates, moderating inflation and normalized demand growth are leading to deceleration in the growth rate.
Etichette
North America
Industry Updates
Profit and Loss
Recovery

Seasonal momentum shifting in U.S. hotel performance

21 Aprile 2023
The top hotel markets in this STR U.S. bubble chart update show a seasonal momentum shift from traditional winter/spring break hotspots to a broader range of destinations with increasingly travel-friendly climates.
Etichette
North America
Industry Updates
Historical Data

U.S. hotel commentary - February 2023

3 Aprile 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.
Etichette
North America
Recovery
Industry Updates
Hotels

U.S. Hospitality Radar - February 2023

29 Marzo 2023
In his latest video, Jan Freitag touches on the effect of the banking turmoil on the hotel industry, highlights the February RevPAR growth, and chats with Dan Peek of Hodges Ward Elliott on the state of capital debt markets.
Etichette
North America
Industry Updates
Benchmarking
Video

Las Vegas, Phoenix and Florida Markets Lead U.S. Hotel Performance During Early Spring Break Period

27 Marzo 2023
The overall distribution of demand continues to shift back to larger urban destinations, the major markets continue to close the deficit to pre-pandemic levels, and leisure-oriented markets remain firmly rooted near the top of the national leaderboard.
Etichette
Industry Updates
North America
Historical Data

U.S. hotels - January 2023 commentary

7 Marzo 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.
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North America
Hotels
Industry Updates
Recovery

Easter swing shifts school breaks substantially in Spring 2023

1 Marzo 2023
As spring break season approaches, tracking school calendar data becomes critical for predicting travel demand across the U.S.
Etichette
North America
Hotels
Tourism
Industry Updates

U.S. Hospitality Radar - January 2023

27 Febbraio 2023
In his latest video update, Jan Freitag talks about earnings season, a mega transactions deal in Florida, and asks Warren DeHaan, co-CEO for ACORE Capital, about the state of the debt markets.
Etichette
North America
Industry Updates
Benchmarking
Video

Phoenix hotels scored second-highest Super Bowl weekend ADR and RevPAR

27 Febbraio 2023
As forecasted, Phoenix’s hotel industry ranked second all-time among Super Bowl host markets in average daily rate (ADR) and revenue per available room (RevPAR) during the weekend of the big game.
Etichette
North America
Industry Updates
Events

Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains

23 Febbraio 2023
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 when adjusting for inflation.
Etichette
Industry Updates
Historical Data
North America

Latin America hotel performance was mostly recovered in 2022

8 Febbraio 2023
Performance recovery was substantial for most of Latin America’s hotel industry in 2022, with Mexico, Central America and South America easily surpassing their pre-pandemic comparables in revenue per available room (RevPAR).
Etichette
Industry Updates
North America
Central and South America
Recovery

Caribbean hotel industry a “comeback kid”

3 Febbraio 2023
Caribbean hotel performance bounced back throughout 2022 due to the lifting of most travel restrictions. The region saw the largest annual ADR and RevPAR increases over 2019 when compared to the other STR-defined Americas subcontinents.
Etichette
North America
Industry Updates
Recovery

U.S. Hotels - 2022 Commentary

3 Febbraio 2023
After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation.
Etichette
North America
Industry Updates
Profit and Loss
Historical Data

U.S. Hospitality Radar - December 2022

25 Gennaio 2023
U.S. hotel performance recovery differed depending on location and class. Jan Freitag breaks the 2022 numbers down in his latest update. He’s also joined by Mark Owens from CBRE to discuss capital markets.
Etichette
North America
Benchmarking
Industry Updates
Video

New York City’s comeback and luxury destinations highlighted U.S. hotel performance recovery in 2022

25 Gennaio 2023
STR’s bubble chart update for 2022 shows a phenomenal comeback in New York City as well as plenty of success for smaller destinations focused on high-end travelers.
Etichette
Industry Updates
North America

U.S. Hospitality Radar - November 2022

19 Dicembre 2022
This latest update provides a look at U.S. top- and bottom-line performance, our latest consumer research, and the outlook for 2023.
Etichette
North America
Benchmarking
Industry Updates
Video

Canada Hospitality Radar - October 2022 & Forecast

5 Dicembre 2022
Canada’s hotel industry is expected to better withstand a recession this time around with demand in 2023 forecast to be in line with the 2019 benchmark.
Etichette
North America
Benchmarking
Industry Updates
Video

U.S. Hotels - October 2022 Commentary

5 Dicembre 2022
In October, the demand index declined month over month, with contribution from most days of the week.
Etichette
North America
Industry Updates
Historical Data
Profit and Loss

U.S. Hospitality Radar - October 2022 & Forecast

30 Novembre 2022
The U.S. hotel industry saw continued rebounds in leisure, corporate transient and group demand in October, and a recession will likely not derail this recovery, but it may cause a slowdown. This and more in Jan Freitag’s latest video update.
Etichette
North America
Benchmarking
Industry Updates
Video

U.S. Top 25 Markets still behind 2019 occupancy even with continued return of groups

22 Novembre 2022
U.S. hotel occupancy leaders and laggards in this mid-November 2022 “bubble” chart update reflect anticipated seasonal shifts, the continued return of corporate and group demand in large-to-medium sized markets, and a persistent impact from Hurricane Ian.
Etichette
North America
Industry Updates
Historical Data

U.S. Hotels - September 2022 Commentary

4 Novembre 2022
In September, U.S. monthly demand exceeded the pre-pandemic comparable for the second time in the pandemic-era but first time this year.
Etichette
North America
Industry Updates
Historical Data
Profit and Loss

U.S. Hospitality Radar - September 2022

26 Ottobre 2022
The latest video from Jan Freitag covers September group demand/ADR, Q3 transaction volume pointing to investor uncertainty, and the hotel pipeline in secondary markets.
Etichette
North America
Benchmarking
Industry Updates
Video

NYC extends lead among the major markets, autumn destinations have been popular as well

25 Ottobre 2022
Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large U.S. markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane.
Etichette
North America
Industry Updates
Historical Data

U.S. Hotels - August 2022 Commentary

6 Ottobre 2022
August marked the second consecutive month-over-month occupancy decline. ADR declined MoM to $151.49 but was still 14% higher than August 2019 in nominal terms. Real ADR was about 1% below the pre-pandemic comparable.
Etichette
North America
Industry Updates
Historical Data
Profit and Loss

School break data suggests subtle boosts, sizable squeezes to travel demand during Fall 2022

5 Ottobre 2022
STR’s School Break Report shows that subtle boosts and sizeable squeezes to travel demand are on deck this fall as shifts in holiday breaks could impact year-over-year hotel performance. Read more about how these changes could affect your market’s opportunities.
Etichette
North America
Hotels
Tourism
Industry Updates

U.S. hospitality radar - August 2022

27 Settembre 2022
Jan Freitag gives a look at GDP growth, RevPAR growth, group rates, highway room demand, and more
Etichette
North America
Benchmarking
Industry Updates
Video

Labor Day strength pushes NYC into Top 25 RevPAR lead, leisure markets dominated everywhere else

23 Settembre 2022
For the four weeks ending 10 September, there was an expected seasonal softening from the mid-summer travel peak. Only six of the 165 STR-defined U.S. markets saw month-over-month RevPAR increases for the period.
Etichette
North America
Industry Updates
Historical Data

U.S. Hotels – July 2022 Commentary

7 Settembre 2022
Monthly occupancy reached 70% for the first time in the pandemic-era. But lack of midweek business demand remains a drag on demand (and thus occupancy) recovery.
Etichette
North America
Hotels
Industry Updates
Historical Data

U.S. hospitality radar - July 2022

24 Agosto 2022
Jan gives a look at our latest U.S. hotel forecast, provides an update on group demand figures and explores recent transactions data in this latest video.
Etichette
North America
Benchmarking
Industry Updates
Video

Climate, Leisure Patterns Dictate U.S. Market Performance in the Second Half of Summer

23 Agosto 2022
The top performing U.S. hotel markets in this monthly “bubble” chart update reflect typical late summer seasonal patterns along with continued strong leisure travel. Additionally, a range of markets mostly in the uncomfortably hot south/southwest U.S. saw lower percentages of rooms filled.
Etichette
North America
Hotels
Industry Updates
Benchmarking