Press Releases

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SHARE Center recognizes groups for support of hospitality & tourism education

On Thursday, 27 August, STR’s SHARE Center recognized a group of professors, schools and partners for their ongoing support of hospitality and tourism education.

STR: Canada hotel results for week ending 22 August

STR data for 16-22 August 2020 showed another week of improving performance for Canada’s hotel industry while significant year-over-year declines remain.

STR: U.S. hotel results for week ending 22 August

U.S. hotel occupancy fell to a three-week low during the period of 16-22 August, according to the latest data from STR.

U.S. hotel P&L turned positive in July

U.S. hotel gross operating profit per available room (GOPPAR) reached positive territory for the first time since February, according to STR‘s latest monthly P&L data release.

STR: Central/South America hotel performance for July 2020

The Central/South America hotel industry reported slight improvement month over month, but low overall performance, according to July 2020 data from STR.

STR: Europe hotel performance for July 2020

Reflecting reopening around the continent, Europe’s hotel industry reported improved but low performance, according to July 2020 data from STR.

STR: Middle East and Africa hotel performance for July 2020

Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.

STR: Asia Pacific hotel performance for July 2020

The Asia Pacific hotel industry reported continued improved performance from previous months but at overall low levels during July 2020, according to data from STR.

STR: Canada hotel results for week ending 15 August

STR data for 9-15 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

STR: U.S. hotel results for week ending 15 August

U.S. weekly hotel occupancy hit 50.0% for the first time since mid-March, according to the latest data from STR.

STR: U.S. hotel performance for July 2020

The U.S. hotel industry showed slightly higher performance from the month prior, but at overall low levels during July 2020, according to data from STR.

STR, TE slightly downgrade U.S. hotel forecast

Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded STR and Tourism Economics forecast just released at the 2020 Hotel Data Conference.