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STR: U.S. hotel profits hit all-time high, labor costs outgrowing revenues

Results from STR’s 2019 HOST Almanac show that U.S. hotel industrywide house profit reached a record-breaking $80 billion in 2018 even as labor costs grew at a higher rate than revenues.

STR, CTF partner to advance Cambodia hotel performance

STR, the leader in data benchmarking and analytics for the global hospitality industry, has partnered with the Cambodia Tourism Federation (CTF), a non-profit association that represents the country’s private sector tourism community, to provide tools for hotel benchmarking and performance advancement.

Baird/STR Hotel Stock Index jumps 5.3% in April

The Baird/STR Hotel Stock Index grew 5.3% in April to 4,886. Year to date through the first four months of 2019, the index was up 20.1%.

STR: U.S. hotel performance for March 2019

The U.S. hotel industry reported mostly flat results in the three key performance metrics during March 2019, according to data from STR.

Stephanie Ricca promoted to editorial director of Hotel News Now

Stephanie Ricca has been promoted to editorial director of Hotel News Now, a division of STR.

STR: Accor, Marriott the largest hotel companies in the Middle East

Accor and Marriott International maintain the top room counts among parent companies operating in in the Middle East, according to STR.

Baird/STR Hotel Stock Index down 0.9% in March

The Baird/STR Hotel Stock Index dipped 0.9% in March to 4,642. Year to date through the first three months of 2019, the index was up 14.1%.

STR: Positive outlook for Hanoi hotel industry

Rapid growth in international tourist arrivals to Vietnam has contributed to a positive short- to mid-term outlook for the Hanoi hotel industry, according to data and analysis from STR.

STR: Unfavorable outlook for Kuala Lumpur hotel industry

Early 2019 performance levels and profitability fundamentals produce an unfavorable short- to mid-term outlook for Kuala Lumpur’s hotel industry, according to data and analysis from STR.

STR: Middle East and Africa hotel performance for February 2019

Hotels in the Middle East reported mixed February 2019 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.

STR: Central/South America hotel performance for February 2019

Hotels in the Central/South America region reported mixed performance results in February 2019, according to data from STR.

STR: Europe hotel performance for February 2019

Europe’s hotel industry reported positive results in the three key performance metrics during February 2019, according to data from STR.