Forecast: U.S. hotel demand and ADR will near full recovery in 2022

8 Novembre 2021
U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according to the upgraded forecast just released by STR and Tourism Economics at the 43rd Annual NYU International Hospitality Industry Investment Conference. Additionally, revenue per available room (RevPAR) on a nominal basis is projected to be fully recovered in 2023.

Baird/STR Hotel Stock Index jumped 6.8% in October

8 Novembre 2021
The Baird/STR Hotel Stock Index jumped 6.8% in October to a level of 5,520. Year to date through the first 10 months of 2021, the stock index was up 20.7%.

STR: Australia’s hotels regaining occupancy with restrictions eased

5 Novembre 2021
With lengthy lockdowns ending and travel restrictions easing, Australia’s hotel industry has seen recent improvement in hotel occupancy levels, according to preliminary data from STR through 31 October.

STR: U.S. hotel results for week ending 30 October

4 Novembre 2021
As anticipated ahead of Halloween, U.S. hotel performance fell week over week, according to STR‘s latest data through 30 October.

Profitability in Asia Pacific hotel markets well below pre-pandemic levels

2 Novembre 2021
The hotel industries in seven key Asia Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40% of the 2019 comparable, according to STR‘s September 2021 monthly P&L data release.

Labor costs brought U.S. hotel profitability down further in September

1 Novembre 2021
Increased spending on labor created lower gross operating profit for U.S. hotels, according to STR‘s September 2021 monthly P&L data release.

STR: Chile hotel occupancy nearing pre-pandemic levels

29 Ottobre 2021
Chile’s hotel occupancy reached 90% of the 2019 comparable, according to September 2021 data from STR.

STR: U.S. hotel results for week ending 23 October

28 Ottobre 2021
U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR‘s latest data through 23 October.

STR: Canada hotel performance declined in September

26 Ottobre 2021
Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s September 2021 data.

STR: Brazil hotel ADR higher than 2019 levels

26 Ottobre 2021
Brazil’s hotel industry has surpassed its 2019 comparables in average daily rate (ADR) for two of the last three months, according to September 2021 data from STR.

STR: U.S. hotel results for week ending 16 October

21 Ottobre 2021
U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR‘s latest data through 16 October.

STR: U.S. hotel performance for September 2021

19 Ottobre 2021
The U.S. hotel industry reported lower performance from the month prior, according to September 2021 data from STR.