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STR: U.S. hotel performance for March 2023

The U.S. hotel industry reported higher performance from the month prior, according to March 2023 data from STR.

STR: Eid al-Fitr boosts hotel bookings in key Middle East markets

Key markets in the Middle East are showing a spike in hotel occupancy on the books during Eid al-Fitr, according to STR’s Forward STAR data.

STR: U.S. hotel pipeline shows confidence in business travel

Upper upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in the future of business travel, according to STR.

STR: U.S. hotel results for week ending 8 April

Affected by both the Easter and Passover calendar shift, U.S. hotel performance reflected lower year-over-year comparisons from the previous week, according to STR‘s latest data through 8 April.

STR: Bogotá hotel industry reported highest RevPAR on record in March

Helped by an increase in business travel, Bogotá’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary March 2023 data from STR.

STR: Berlin hotel performance increased in March

Aligned with seasonal trends, Berlin’s hotel industry reported higher levels of occupancy and revenue per available room (RevPAR) month over month, according to preliminary March 2023 data from STR.

Baird/STR Hotel Stock Index down 3.4% in March

The Baird/STR Hotel Stock Index dropped 3.4% in March to a level of 5,355.

STR: Melbourne hotel occupancy reached 36-month high in March

Melbourne’s hotel occupancy was its highest for any month since February 2020, according to preliminary March data from STR.

STR: U.S. hotel results for week ending 1 April

Aligned with normal spring break patterns, U.S. hotel performance showed mix comparisons from the previous week, according to STR‘s latest data through 1 April.

Europe’s key hotel markets showed improved profitability in February

Europe’s key hotel markets reported month-over-month improvement in gross operating profit per available room (GOPPAR), according to STR’s February 2023 P&L data release.

U.S. hotel GOPPAR highest since October 2022

U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019.

STR: U.S. hotel results for week ending 25 March

Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 25 March.