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Hotel profit reaches 50% of 2019 level

Gross operating profit for U.S. hotels reached 50% of the comparable 2019 level, according to STR‘s March 2021 monthly P&L data release.

STR: U.S. hotel results for week ending 24 April

U.S. weekly hotel occupancy remained flat from the previous week, according to STR‘s latest data through 24 April.

Beach destinations lead Mexico’s March hotel uptick

March produced improved hotel occupancy across most of Mexico’s markets, but beach destinations continued to lead the country’s recovery, according to data from STR.

STR: Canada hotel performance for March 2021

Canada’s hotel industry reported slightly higher performance when compared with recent months, according to STR’s March 2021 data.

STR: U.S. hotel results for week ending 17 April

U.S. weekly hotel occupancy fell 2.6 percentage points from the previous week, according to STR‘s latest data through 17 April.

STR: U.S. hotel performance for March 2021

The U.S. hotel industry showed its highest performance levels since the beginning of the pandemic, according to March 2021 data from STR.

Mumbai’s rapid hotel recovery faces headwinds

Mumbai’s rapid hotel performance recovery is projected to return to more moderate levels, according to a recent market forecast from STR and Tourism Economics.

STR: U.S. hotel results for week ending 10 April

The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest weekly data through 10 April.

Hotel construction down around the world, except in Europe

Europe is the only world region showing increased hotel construction activity in comparison with the end of Q1 last year, according to March pipeline data from STR.

STR: Preliminary Jeddah hotel data for March

Jeddah’s hotel industry reported one of its highest monthly occupancy levels of the pandemic period, according to preliminary March 2021 data from STR.

STR: Preliminary March data for Beijing hotels

Beijing’s hotel industry reported its highest room rates in 15 months, according to preliminary March 2021 data from STR.

STR: Preliminary Berlin hotel data for March

STR’s preliminary March 2021 data for Berlin hotels shows slightly better performance compared with recent months, albeit at overall low levels due to continued restrictions in Germany.