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.
Etichette
Hotels
Industry Updates
Global
Historical Data

U.S. election impact on global travel and hotel performance

18 Ottobre 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.
Etichette
Global
Industry Updates
Historical Data
Forward Data

Euro hosts stand out as 64% of global hotel markets outperformed 2023

30 Luglio 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.
Etichette
Hotels
Industry Updates
Global
Historical Data

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

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

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.
Etichette
Hotels
Industry Updates
Historical Data

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.
Etichette
Global
Events
Historical Data
Industry Updates
North America
Hotels

Spain hotels positioned for strong summer season

3 Luglio 2023
Spain's key leisure markets, Andalusia, the Balearic Islands and the Canary Islands, are on track to see a highly successful summer. Barcelona is also anticipating a strong season with occupancy on the books spiking at 83%.
Etichette
Europe
Historical Data
Forward Data
Industry Updates

Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019

29 Giugno 2023
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
Etichette
Global
Historical Data
Industry Updates

Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance

19 Giugno 2023
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
Etichette
Forward Data
Historical Data
Europe

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

Global hotel occupancy rising ahead of summer in the Northern Hemisphere

30 Maggio 2023
A new edition of STR's global "bubble" charts shows more substantial occupancy growth, despite increasing rooms rates, as the industry sees a more balanced recovery around the world.
Etichette
Industry Updates
Global
Historical Data

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

Asia Pacific hotel performance continues to recover; ADR still pushing gains around the world while occupancy continues to lag

28 Aprile 2023
A new edition of STR’s global “bubble” charts shows ADR-driven RevPAR growth continuing globally, and while a handful of countries post occupancy gains, many are still experiencing occupancy levels behind 2019 comparables.
Etichette
Industry Updates
Global
Historical Data

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

Hotels in Southeast Asia seeing the return of MICE business and major leisure events

10 Aprile 2023
Southeast Asia’s hotel industry has seen highs and lows over the past 12 months, but as the year progressed and restrictions eased, the demand for travel began to steadily climb with much of the recent demand in Southeast Asia linked to MICE travel and events.
Etichette
Asia Pacific
Industry Updates
Historical Data
Events
Forward Data

More than half of the global markets post RevPAR growth of more than 20% versus 2019

29 Marzo 2023
A new edition of STR’s global “bubble” charts shows pent-up demand pushing more progress in the Asia Pacific region as well as substantial RevPAR growth for many global markets.
Etichette
Global
Industry Updates
Historical Data

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

Global hotel industry starts 2023 strong as more than 60% of properties recovered RevPAR versus 2019

27 Febbraio 2023
A new edition of STR’s global bubble charts show a strong start to 2023 with markets recovering RevPAR across each region as well as more progress in China.
Etichette
Global
Industry Updates
Historical Data

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

Sun is still shining on Australia’s hotel industry

10 Febbraio 2023
Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country.
Etichette
Industry Updates
Asia Pacific
Historical Data

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

Almost half of global hotel markets recovered RevPAR with challenges of 2023 ahead

26 Gennaio 2023
STR’s bubble chart update shows plenty of momentum heading into the headwinds of 2023 as almost half of global markets reached full recovery of revenue per available room (RevPAR) in 2022.
Etichette
Industry Updates
Global
Historical Data

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

Hotel performance strengthens further for most countries outside of Asia

29 Novembre 2022
A new edition of STR’s global bubble charts show strong performance across the world with most countries outside of Asia recording growth in RevPAR.
Etichette
Asia Pacific
Hotels
Benchmarking
Historical Data

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

Ireland’s hotel industry is well-positioned heading into 2023

11 Novembre 2022
Ireland's hotel industry proved resilient this year with strong performance recovery, and evidence shows that strength will continue into 2023, albeit with economic headwinds in our summary report for Fáilte Ireland.
Etichette
Europe
Forward Data
Historical Data
Industry Updates
Tourism
Research

Most global hotel markets maintain recovery pace; Singapore joins recovery leaders

8 Novembre 2022
A new edition of STR’s global bubble charts shows more recovery progress overall as well as Singapore becoming the first Asian country in 2022 to rank among the top countries in revenue per available room (RevPAR)
Etichette
Global
Hotels
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

Global hotel demand recovery reached a pandemic-era high in September

28 Ottobre 2022
Recovery in global hotel demand reached a pandemic-era high in September. More global insights with a look at the demand and ADR indices.
Etichette
Global
Hotels
Industry Updates
Historical Data

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

Most global markets maintain recovery pace, Asia Pacific starting to come back

7 Ottobre 2022
A new edition of STR’s global bubble charts shows continued recovery around much of the world, with Asia Pacific set to end pandemic measures except China’s maintaining zero covid policy.
Etichette
Global
Hotels
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

Dublin hotel performance soared during Garth Brooks tour, late bookings were part of the success

5 Ottobre 2022
Actualized data from Garth Brooks’ tour dates in Dublin backed up previous analysis of forward-looking data. Performance popped, and shorter booking windows were part of the equation.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

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

Market Recovery Monitor - 17 September 2022

23 Settembre 2022
Groups and business travel provided a post-Labor Day boost in the U.S. with Monday-Wednesday occupancy reaching 69.9% nationally and 75.5% in the Top 25 Markets. The latter was the second highest level of the pandemic-era.
Etichette
Global
Industry Updates
Historical Data

More global markets above pre-pandemic occupancy levels, highest RevPAR in Mediterranean-facing countries

12 Settembre 2022
A new edition of STR’s global bubble charts shows stronger recovery around much of the world, with the highest overall levels in the Mediterranean.
Etichette
Global
Hotels
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

Europe’s historical and forward-looking hotel data shows music event boost

15 Agosto 2022
This piece shows strong alignment between occupancy on the books (Forward STAR) and actualized levels as well as the overall boost that Europe hotels are receiving from the likes of Bruce Springsteen, Ed Sheeran, Elton John, and Westlife.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

U.S. Hotels – June 2022 Commentary

2 Agosto 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. Hotels – May 2022 Commentary

6 Luglio 2022
A three-day calendar shift influenced U.S. hotel performance trends, leaving the top-line metrics slightly weaker than the previous month. But an extra weekday on the calendar contributed to higher group demand, which reached a pandemic-era high in May.
Etichette
North America
Hotels
Industry Updates
Historical Data

Webinar summary: 5 key points on Mexico hotel performance, 8 June 2022

16 Giugno 2022
STR’s latest complimentary webinar focused on hotel performance recovery in Mexico. In addition to the recording that can be accessed here, below are five key points from the webinar on 8 June 2022.
Etichette
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

U.S. Hotels – April 2022 Commentary

9 Giugno 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etichette
North America
Hotels
Industry Updates
Historical Data

How have past Sargassum blooms affected hotel performance?

20 Maggio 2022
Hoteliers may face additional headwinds from high levels of Sargassum seaweed blooms. In addition to environmental concerns, Sargassum presents an issue for destinations because its unpleasant smell and presence can discourage beachgoing tourists.
Etichette
Hotels
Industry Updates
Historical Data
Benchmarking

India hotel performance continues to eclipse pre-pandemic levels

17 Maggio 2022
April seemed to be a turning point in India’s hotel performance recovery. Leisure markets continue to lead that recovery, but business travel is also back, and forward bookings appear healthy for the remainder of May with most pickup remaining short-term.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data

U.S. Hotels – March 2022 Commentary

29 Aprile 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etichette
North America
Hotels
Industry Updates
Historical Data

Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham

13 Aprile 2022
Birmingham’s hotel occupancy on the books is peaking at 78% for this summer’s Commonwealth Games. A few months back, levels were peaking at just 55%. Read more in this latest Forward STAR piece.
Etichette
Europe
Hotels
Industry Updates
Forward Data
Historical Data

Europe hotel occupancy remains stable amid war in Ukraine

28 Marzo 2022
Europe’s hotel performance has remained stable amid the war in Ukraine, and countries bordering the conflict area have seen a refugee-driven lift in occupancy. Read more on this analysis of historical and forward-looking data in the region.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

U.S. Hotels – February 2022 Commentary

24 Marzo 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etichette
North America
Hotels
Industry Updates
Historical Data

Historical analysis: Rising gas prices have limited impact on U.S. hotel demand

10 Marzo 2022
Historical data back to 1990 shows a correlation of .54 between inflation-adjusted gas prices and seasonally adjusted hotel room demand. Read more in this quick analysis on the impact of rising gas prices.
Etichette
North America
Hotels
Industry Updates
Historical Data

U.S. Hotels - January 2022 Commentary

1 Marzo 2022
While demand (and occupancy) softened moderately across virtually every segment of the industry, ADR indexes fell only modestly month over month even in the Top 25 Markets, as higher-than-anticipated January inflation drove hoteliers’ costs even higher.
Etichette
North America
Hotels
Industry Updates
Historical Data

Music events are boosting hotel demand for several European markets in 2022

2 Febbraio 2022
Europe is set to showcase a wide array of music events in 2022, and the large crowds they are likely to draw are music to the ears of local hoteliers. In Dublin, Belfast, Glasgow and Turin, music lovers will equal beds in heads and drive larger booking windows.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Slow holiday season highlights a handful of highflyers in the U.S.

24 Gennaio 2022
Our new “bubble charts” for 2022 highlight the U.S. performance leaders and laggards for the four weeks ending 15 January.
Etichette
North America
Hotels
Historical Data
Benchmarking

Chile hotels show resilience

24 Gennaio 2022
Challenges are nothing new for Chile’s hotels. Different from most other countries though, the country is recapturing occupancy faster than ADR. Find out more in this latest deep dive on Chile’s recovery.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Review of Shenzhen Hotel Data Information Seminar

21 Dicembre 2021
On 25 November 2021, STR held the Shenzhen Hotel Data Information Seminar. STR’s North Asia Business Development Manager, Wanqing Yang, presented on the topic of "Shenzhen Hotel Performance Observations” with analysis of the latest developments in the market.
Etichette
Industry Updates
Hotels
Historical Data
Asia Pacific

As lockdowns end, hotel bookings surge in Australia’s Gold Coast

17 Dicembre 2021
As Australia enters the summer months and restrictions ease, positive trends are already developing for hoteliers. And while an uplift in demand can be observed across many of Australia’s key markets, it is the Gold Coast that is leading charge in forward bookings.
Etichette
Industry Updates
Hotels
Historical Data
Forward Data
Asia Pacific

COVID-19 webinar summary: 5 key points on Brazil hotel performance, 2 December

13 Dicembre 2021
On 3 December, we analyzed hotel performance in Brazil amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Central and South America
Webinar
Industry Updates
Hotels
Historical Data

COVID-19 webinar summary: 5 key points on France hotel performance, 3 December

10 Dicembre 2021
On 3 December, we analyzed hotel performance in France amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data

COVID-19 webinar summary: 5 key points on Benelux hotel performance, 3 December

10 Dicembre 2021
On 3 December, we analyzed hotel performance in Belgium, the Netherlands, and Luxembourg amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Europe
Webinar
Industry Updates
Hotels
Historical Data
Forward Data

A Class Tale: Luxury hotels around the world

8 Dicembre 2021
New restrictions obviously mean potential challenges for the hotel industry, and as we have seen throughout the pandemic, every class of hotel can be affected differently. In this latest piece, we look at how Luxury class hotels have performed around the globe, especially in more recent months.
Etichette
Global
Hotels
Industry Updates
Supply and Development
Historical Data

Dubai welcomes the world, and hotels are benefitting

24 Novembre 2021
Dubai hotels got off to a fast start during Expo, especially with ADR and RevPAR. To measure the market’s success, we look back at a previous Expo host and look forward at occupancy on the books for the remainder of the event in Dubai.
Etichette
Hotels
Middle East and Africa
Industry Updates
Historical Data
Forward Data

Back to business (travel)

10 Novembre 2021
The latest data for Europe indicates the early return of business travel and groups. Find out more.
Etichette
Europe
Hotels
Industry Updates
Historical Data

Middle East Q3 2021 hotel performance update

9 Novembre 2021
As vaccination campaigns continue in the Middle East, restrictions for international fully vaccinated travellers have been lifted. Is that growing vaccination rate helping improve hotel performance in the region? How far is the region from its 2019 levels? Find out more in our latest Q3 analysis.
Etichette
Middle East and Africa
Hotels
Industry Updates
Historical Data

Golden Week Impact

1 Novembre 2021
Did the Mid-Autumn Festival and the National Day stimulate a performance jump for Mainland China’s hotel market? Or did sporadic COVID-19 cases and pandemic prevention measures limit gains? Find out more in this deep dive.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Brazil hotels recovering ADR much faster than occupancy

18 Ottobre 2021
Brazil’s hotels are recovering ADR much faster than occupancy due to a shift toward domestic leisure demand as well as a high volume of closures in the lower-tier classes. Read more here.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels

11 Ottobre 2021
Perth realized its strongest RevPAR in five years during the AFL Grand Final, while performance during the NRL Grand Final in Brisbane was a bit more held back by COVID-19 restrictions. Read more here.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

A brighter future for Colombia?

8 Ottobre 2021
Colombia’s accelerated vaccination rollout and lessened restrictions on eligibility pushed the country’s vaccination rate to 32.1% as of 22 September, according to Our World in Data. Is that growing vaccination rate helping improve hotel performance in this key South American country?
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Is it time to talk about real recovery in South America?

1 Ottobre 2021
South America’s August hotel occupancy reached 72% of the 2019 comparable. Does that mean it is time to talk about real recovery in the region?
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Did Europe lose another summer?

1 Ottobre 2021
Summer 2020 undoubtedly looked much different around Europe due to the global impact of the COVID-19 pandemic. Fast forward to this year, and there was hope that the region’s effort toward a more “normal” summer would be successful.
Etichette
Europe
Hotels
Industry Updates
Historical Data

Latest Hurricane Ida analysis reflects vast reopening in New Orleans

22 Settembre 2021
Following up on STR’s initial Hurricane Ida analysis from 10 September, a vast majority of hotels in the New Orleans MSA have reopened with improving occupancy levels, especially in the core city center/central business district.
Etichette
North America
Hotels
Industry Updates
Historical Data
Benchmarking

COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September

14 Settembre 2021
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Europe
Hotels
Industry Updates
Historical Data

Hurricane Ida impact on hotels

10 Settembre 2021
At least 155 New Orleans hotels are temporarily closed because of Hurricane Ida. Read more in this Ida analysis, which also covers demand shifts in the Gulf region and the Northeast U.S.
Etichette
North America
Hotels
Industry Updates
Benchmarking
Historical Data

COVID-19 webinar summary: 5 key points on Asia Pacific hotel performance, 26 August

3 Settembre 2021
On 26 August, we analyzed hotel performance in Asia Pacific amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

India’s different, second recovery

30 Agosto 2021
India’s progressive approach to vaccinations has led to an increase in travelers and hotel demand, especially in the leisure segment. Beyond the noticeable improvement, however, the country is showing a different trend in which markets are regaining occupancy.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

A quick overview of China’s July hotel performance

19 Agosto 2021
With the help of summer vacation, Mainland China’s overall hotel occupancy rate showed a good upward trend in July, with the second and third week of the month reaching 2019 levels.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

Asia Pacific: Hotel performance ups and downs

16 Agosto 2021
The Asia Pacific region has seen increasing challenges through the first seven months of 2021, with situation varying greatly by country.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

China Hotel Performance Update

10 Agosto 2021
All key markets in China showed June 2021 increases in hotel occupancy and average daily rate (ADR) compared to the same period last year, except for Guangzhou and Shenzhen.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Chengdu hotel market performance recovery

3 Agosto 2021
In 2020, Chengdu's hospitality industry accounted for 65.7% of GDP, contributing 52.2% to the city's economic growth and significantly increasing its contribution to the development of energy levels and economies.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

U.K. leading Europe in hotel performance recovery

22 Luglio 2021
Although occupancy on the books remains low, Regional U.K. is still ahead of London. Travelers are still awaiting confirmation of softened travel restrictions by 19 July, which should be immediately followed by a sharp increase in demand.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

2021 Copa América impact on host hotel markets

20 Luglio 2021
There were some noticeable jumps in hotel occupancy during Copa América, but typical day-of-week trends contributed to higher levels in some cases. That and more in this piece on the tournament’s impact on Rio de Janeiro and Brasilia hotel performance.
Etichette
Central and South America
Historical Data
Hotels
Industry Updates

UEFA Euro 2020 impact on hotel performance

20 Luglio 2021
London posted its highest ADR of 2021 the night before England faced Italy in the UEFA Euro final. That and more in this piece on the tournament’s impact on host market hotel performance.
Etichette
Europe
Industry Updates
Hotels
Historical Data

Hotel performance recovery in China isn’t just faster, it’s different

12 Luglio 2021
Mainland China’s hotel performance recovery hasn’t just been faster, it’s been different: business travel has returned, all hotel classes are recovering well, and pricing confidence came back as quickly as occupancy.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Argentina hotels struggling to generate occupancy momentum

7 Luglio 2021
Most of South America’s hotel industry continues to stagnate, and Argentina stands out as a country unable to generate recovery momentum to this point.
Etichette
Hotels
Industry Updates
Historical Data
Central and South America

Taiwan hotel performance update

21 Giugno 2021
Taiwan is far behind in the recovery process due to a slow vaccination rate and the emergence of new virus variants amid reopening.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

Saudi Arabia performance peaks as borders reopen

16 Giugno 2021
Saudi Arabia’s reliance on domestic demand served the market well during its lengthy lockdown, and key markets Riyadh and Jeddah have not suffered from reopening borders, although for different reasons.
Etichette
Middle East and Africa
Hotels
Industry Updates
Historical Data

North Africa hotel performance update

15 Giugno 2021
Hotel performance in the North Africa region is improving, but occupancy levels are well below the 2019 recovery benchmark.
Etichette
Middle East and Africa
Hotels
Industry Updates
Historical Data

Resorts leading recovery in Brazil

14 Giugno 2021
Brazil´s resorts have seen considerable upward movement with leisure demand growing robustly in the country.
Etichette
Central and South America
Industry Updates
Historical Data
Hotels

Bogotá hotel performance update: what’s next?

14 Giugno 2021
While COVID-19 vaccination programs continue to inoculate travelers around the world, lockdowns in many regions have yet to fully lift, leading to continued challenges. Bogotá, where a lockdown until June along with protests in Colombia have led to a significant impact on hotel performance.
Etichette
Hotels
Forward Data
Industry Updates
Historical Data
Central and South America

Measuring South America’s ADR recovery

9 Giugno 2021
April produced South America’s first year-over-year increase in ADR since 2019. But absolute levels remain well behind the pre-pandemic comparables. One key market (Lima) is even further behind.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

How will summer holidays impact hotel performance in Spain & Portugal?

3 Giugno 2021
July and August are two of Spain’s and Portugal’s most important hotel performance months. Where do those markets stand ahead of summer and what are the expectations for the coming months?
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forward Data

Labor Day Holiday Impact in China

26 Maggio 2021
China’s Labor Day holiday stimulated travel demand and provided a noticeable boost to hotel performance. Thanks to an additional day during the holiday period, the rise in performance pushed levels beyond another recent holiday and even some 2019 comparables.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

How long will Thailand’s occupancy declines persist?

18 Maggio 2021
Occupancy in Thai markets like Bangkok fell after Songkran. How long will those declines persist? The answer can be found in Forward STAR.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data
Forward Data

Ramadan and Eid al-Fitr impact on Middle East hotel occupancy

13 Maggio 2021
The Ramadan and Eid al-Fitr impacts on hotel occupancy look a bit different this year, but the latter may be a bright spot for some markets. An analysis of historical and future data will explain.
Etichette
Middle East and Africa
Hotels
Industry Updates
Historical Data
Forward Data

Singapore Q1 2021 hotel performance update

11 Maggio 2021
Singapore hotels posted higher Saturday hotel rates in March—at levels not seen since December 2020. Moving forward, we expect ADR to continue a slow climb, as more high-end hotels have stopped taking quarantine guests at low rates and allotment of 100% occupancy.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

U.K. occupancy-ADR correlation

10 Maggio 2021
How does ADR in U.K. markets correlate with specific occupancy ranges? We answer that question from a pre-pandemic perspective to set the stage for the reopening of hospitality in the country. Read more.
Etichette
Europe
Hotels
Industry Updates
Historical Data

Songkran brings temporary joy to hotels and travelers

3 Maggio 2021
One of Thailand’s most important celebrations each year, Songkran provided a modest impact on hotel performance during the festive period in 2021.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

2021 Chinese New Year impact

19 Aprile 2021
One of the largest global celebrations each year is, undoubtably, Chinese New Year. Although the celebration this year (11-17 February 2021) felt different for the country, there was a noticeable impact around hotel performance.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Bali trailing other Indonesian markets in hotel performance recovery

29 Marzo 2021
Indonesia finished 2020 in similar shape as its regional peers. Domestic demand was strong enough to lift hotel occupancy from pandemic low points but not sufficient to overcome the void in international travel. The impact from lost international demand is most obvious in Bali.
Etichette
Asia Pacific
Hotels
Historical Data
Recovery

America's Cup lifts Auckland occupancy to 2021 high

29 Marzo 2021
The 36th America’s cup, originally scheduled to start on 6 March 2021, was delayed a few days because of lockdown in measures in Auckland. Fortunately for hoteliers, a lift in demand was right on time and helped push the market’s daily occupancy to its highest level for this early portion of 2021.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Sanya surpasses other APAC 'resort' destinations during holiday periods

22 Marzo 2021
Closed borders continue to limit the recovery ability of many destinations in the Asia Pacific region. However, Sanya, the southernmost city on China’s Hainan Island, continues to stand out thanks to high levels of domestic tourism.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Patience is key on Europe’s road to recovery

8 Marzo 2021
There’s a saying that “before things get better, they’ll get worse.” Unfortunately, Europe is aligning with that philosophy. Hotel performance will get better, but hoteliers are going to need to exercise a lot of patience in the meantime.
Etichette
Europe
Hotels
Industry Updates
Historical Data
Forecast

Africa hotel performance update

1 Marzo 2021
We previously analyzed the pandemic impact on the hotel development pipeline in Africa. Next, we dig further into the region with a look at performance recovery.
Etichette
Middle East and Africa
Hotels
Industry Updates
Historical Data

Latin America regional markets: recovery leaders

23 Febbraio 2021
Regional markets in Latin America continue to lead recovery as performance in key cities has lagged. In this article, we analyzed that trend for several key markets to assess where occupancy recovery stood at the end of 2020.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Update on Brazil: Leisure vs. Corporate destinations

22 Febbraio 2021
Since Brazil started to emerge from COVID-19 isolation, domestic leisure demand has returned at a modest level while international and group demand are unlikely to return in the short-term restrictions remain in place.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Beach destinations lead New Year’s performance in Latin America

17 Febbraio 2021
Latin America’s beach destinations, always popular on the international and domestic tourist trails, have been key to hotel performance recovery even with restrictions on international travel.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data

Cyprus room rates soar as occupancy lags in the pandemic world

12 Febbraio 2021
For most of 2020, Cyprus hotels performed like the rest of the Mediterranean region—except when it came to average daily rate (ADR).
Etichette
Middle East and Africa
Hotels
Industry Updates
Benchmarking
Historical Data

Are travel incentives lifting demand in the hotel sector?

5 Febbraio 2021
We look at countries that have implemented various incentives to help increase demand lost to the global pandemic.
Etichette
Global
Hotels
Tourism
Industry Updates
Historical Data

Key events lifting U.K. hotel occupancy later in 2021

4 Febbraio 2021
For many parts of the world, hotel performance is forecasted for more meaningful improvement during the second half of 2021. That optimism is underpinned by the assumption of widespread vaccination distribution, lower COVID-19 case numbers and improved context for travel and events.
Etichette
Europe
Hotels
Industry Updates
Forward Data
Historical Data

France’s occupancy timeline, with a look to the future

29 Gennaio 2021
With most of Europe struggling at the end of the year, three of France’s key markets were among the continent’s top occupancy performers in December.
Etichette
Europe
Hotels
Industry Updates
Forward Data
Historical Data

Maldives hotel performance rebounds during festive period

27 Gennaio 2021
For a country whose economy is driven by tourism, a setback was imminent for the Maldives when considering the global pandemic.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Mexico: A story of steady recovery

7 Gennaio 2021
Mexico’s hotel industry has been a rather unique case of linear performance recovery. While most countries have seen fluctuations in the metrics, Mexico has been on a steady ascent leading to a November that produced the country’s highest performance levels of the pandemic.
Etichette
North America
Hotels
Industry Updates
Historical Data

A vaccine-dependent Thailand—will domestic demand hold hotel performance steady?

6 Gennaio 2021
Thailand’s Prime Minister announced that the country would only open to substantial tourism once a vaccine was approved, produced and implemented. Now being a vaccine-dependent country, Thailand will rely heavily on domestic demand in the meantime. So where does that leave hotel performance?
Etichette
Asia Pacific
Hotels
Tourism
Industry Updates
Benchmarking
Historical Data

Caribbean Hotel Update: Crisis and Recovery

9 Dicembre 2020
Undoubtedly, the Caribbean is a popular destination in the international tourist trail. However, the region has long way to go in recovery from the global pandemic.
Etichette
Historical Data
Hotels
Industry Updates
North America

COVID-19 webinar summary: 5 key points on Latin America hotel performance, 1 December

3 Dicembre 2020
On 1 December, we analyzed hotel performance in Latin America amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Central and South America
Hotels
Industry Updates
Historical Data
Webinar

Tales from Turkey: ADR conundrum in 2020

3 Dicembre 2020
Turkey’s hotel average daily rate (ADR) has grown exponentially in recent months despite the global pandemic depressing rates most everywhere else in the world.
Etichette
Europe
Industry Updates
Hotels
Historical Data

Go Goa Gone!

3 Dicembre 2020
Goa, a market that took some time to initially bounce back, has been building momentum since October with outperforming other leisure markets in the country and demand peaking during the Diwali weekend.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Asia Pacific recovery depends on domestic travel…or suitable substitutes

30 Novembre 2020
Recovery in the Asia Pacific region demonstrates the importance of domestic travel, as a country’s historic reliance on domestic demand directly impacts its hotel performance today.
Etichette
Asia Pacific
Industry Updates
Historical Data
Hotels

Pandemic impact on the Southern Cone's development pipeline

30 Novembre 2020
After analyzing the pandemic impact on the hotel pipeline in Australia and New Zealand, STR jumps regions to look at the COVID-19 impact on hotel development in the Southern Cone (Chile, Uruguay, and Argentina).
Etichette
Central and South America
Hotels
Historical Data
Industry Updates

Where is Colombia in the recovery cycle?

11 Novembre 2020
On 1 September, Colombia lifted one of Latin America's longest COVID-19 lockdowns, scrapping most restrictions after more than five months of quarantines. Now the focus is on how much this lockdown will impact hotel performance into the coming months.
Etichette
Central and South America
Industry Updates
Historical Data
Hotels

The Indian Ocean: two-speed road to performance recovery

9 Novembre 2020
The two island countries in the Indian Ocean– the Maldives and Sri Lanka—have witnessed contrasting patterns in hotel performance as a result of the COVID-19 pandemic.
Etichette
Asia Pacific
Hotels
Industry Updates
Historical Data

Performance update on Malaysia, Indonesia and the Philippines

6 Novembre 2020
Popular Southeast Asian destinations have a long way to go in recovery from the global pandemic. For now, Malaysia, Indonesia and the Philippines are showing a similar trend to most of the world with regional markets outperforming the large cities.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

A look back at the summer for U.S. hotels

6 Novembre 2020
The autumn months have not been as kind as the summer for U.S. hotels. With lower performance expected for the coming months, we look back at how leisure travel lifted the U.S. from pandemic lows.
Etichette
North America
Industry Updates
Historical Data
Supply and Development
Hotels

Regional destinations ahead in Costa Rica’s recovery

3 Novembre 2020
As Latin American countries begin to emerge from COVID-19 isolation, new trends in hotel performance have emerged, suggesting a clear preference for regional destinations. Costa Rica has been no exception.
Etichette
Central and South America
Industry Updates
Historical Data
Hotels

Japan regional markets: recovery leaders

27 Ottobre 2020
As entry restrictions for international travelers in Japan remain in place, new trends in hotel performance have emerged. Recent data suggests a distinct preference for regional destinations, helped in part by the Japanese government’s “Go to Travel” campaign.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

Pacific countries: From the highs to the lows, where does performance stand now?

27 Ottobre 2020
Where exactly do Pacific countries stand now? We look at how performance has changed over the course of the pandemic.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

Has Argentina’s recovery started?

19 Ottobre 2020
Argentina had some of Latin America’s lowest occupancy levels (below the 10% mark). How has the country’s longer lockdown affected hotel performance recovery? Find out more here.
Etichette
Central and South America
Industry Updates
Hotels
Historical Data

Key factors to recover business demand

15 Ottobre 2020
Read about the key factors in recovering business demand and how the hotel sector influences elements of this recovery.
Etichette
Europe
Educational
Hotels
Historical Data

Europe’s recovery from the last recession

9 Ottobre 2020
Major economies in Europe, including the U.K. and those in the Eurozone, recently confirmed what we already suspected. Economies across the continent have entered an economic recession because of the impact of COVID-19—an impact that has been devastating for the hospitality industry.
Etichette
Europe
Industry Updates
Hotels
Historical Data

Germany, Austria, Switzerland: resilient markets

8 Ottobre 2020
Adapting to shifts and fluctuations in demand has always been a key advantage in moving hotel performance forward. Following a pattern similar to markets in other parts of the world—like China—the DACH region has managed to recover its occupancy at a faster pace than most markets in Europe.
Etichette
Europe
Industry Updates
Hotels
Historical Data

Where is Brazil in the recovery cycle?

5 Ottobre 2020
Brazil, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. However, reopening measures are determined on a state level. How has this affected Brazil’s recovery?
Etichette
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

Tracking Peru's recovery

1 Ottobre 2020
On 16 March, Peru imposed one of the earliest, strictest, and longest lockdowns in Latin America to stop the spread of COVID-19. The county's borders were shut, curfews were imposed, and residents were only permitted to leave their homes for essential goods.
Etichette
Central and South America
Industry Updates
Hotels
Historical Data
Supply and Development

A deep dive into Japan’s road to recovery

29 Settembre 2020
While many nations have lifted COVID-19-related limits on travelers, entry restrictions for international travelers in Japan remain in place. However, the Japanese government has launched a “Go to Travel” campaign to promote domestic travel and help boost local businesses.
Etichette
Asia Pacific
Industry Updates
Hotels
Historical Data

Thailand: Where does recovery stand?

17 Settembre 2020
Thailand, like many nations, has lifted COVID-19-related entry restrictions for travelers and provided an additional flow of demand for reopening hotels. But while hotel occupancy improves in the market, levels remain well below pre-pandemic levels with full recovery not expected for years.
Etichette
Hotels
Industry Updates
Asia Pacific
Historical Data

New Zealand: one of the early success stories of recovery around the world

17 Settembre 2020
Asia Pacific countries have been no exception to the unprecedented performance declines, but some of the region’s nations stand out in the earliest phases of industry recovery. New Zealand is one of them.
Etichette
Asia Pacific
Hotels
Industry Updates
Forward Data
Historical Data

COVID-19 webinar summary: 5 key points on Europe hotel performance, 10 September

15 Settembre 2020
On 10 September, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Industry Updates
Hotels
Forward Data
Historical Data
Europe

How is the “second wave” affecting hotel performance in Belgium?

4 Settembre 2020
Belgium, saw a 23.3% occupancy level for the week ending 23 August after posting a 24.6% occupancy for the week ending 16 August. Now the focus is whether this second-wave impact will extend into the coming months.
Etichette
Industry Updates
Hotels
Forward Data
Historical Data
Europe

COVID-19 webinar summary: 5 key points on Mexico and Caribbean hotel performance, 27 August

2 Settembre 2020
On 27 August, we analyzed hotel performance in Mexico and the Caribbean amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Hotels
Industry Updates
Historical Data
North America

COVID-19 webinar summary: 5 key points on European hotel performance, 7 August

11 Agosto 2020
On 7 August, we analyzed hotel performance in Europe amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Hotels
Industry Updates
Forward Data
Historical Data
Europe

COVID-19 webinar summary: 5 key points on Benelux hotel performance, 30 July

3 Agosto 2020
On 31 July, we analyzed hotel performance in the Benelux amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Hotels
Europe
Historical Data
Forward Data
Industry Updates

COVID-19 webinar summary: 5 key points on Poland, Czech Republic and Hungary hotel performance, 28 July

29 Luglio 2020
On 28 July, we analyzed hotel performance in Poland, Czech Republic and Hungary amid the COVID-19 pandemic. Read our summary with five key points here.
Etichette
Hotels
Europe
Forward Data
Historical Data
Industry Updates