Hotel Industry Analysis: Impact of Inflation, Tourism, Labor, & More

20 12月 2024
The global hotel industry continues to navigate challenges stemming from the recent headwinds from labor shortages, inflation, and geopolitical concerns.
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Industry Updates
Global
Hotels
Tourism
Industry Basics

STR Weekly Insights: 8-14 December 2024

20 12月 2024
A jump in performance provided an early holiday gift for hoteliers; nine of every 10 U.S. markets posted RevPAR gains; group demand looks unstoppable; second highest Global RevPAR gain of the year
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Global
Industry Updates
Forward Data

The end of an Era(s Tour): Taylor Swift’s final impact on hotel performance

19 12月 2024
Taylor Swift said, “so long, London,” and made her way back to North America for her final leg of the Eras Tour.
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North America
Industry Updates

U.S. hotel conversion activity remains muted

16 12月 2024
U.S. hotel conversion activity continues to trend below the long-term average of the 20-year period ending 2019.
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North America
Industry Updates

STR Weekly Insights: 1-7 December 2024

13 12月 2024
Hurricane-affected markets continued to see increases; U.S. group demand unstoppable; robust global growth continued for the ninth consecutive week.
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Global
Industry Updates
Forward Data

STR Weekly Insights: 17-23 and 24-30 November 2024

6 12月 2024
Thanksgiving shift produced net positive for the last two weeks in November, second-highest Thanksgiving week demand on record, hurricane-affected markets continued to see increases, group demand soared then plummeted because of the calendar shift, and non-stop global growth continues.
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Global
Industry Updates
Forward Data

Hotel F&B driving labor cost growth in 2024

3 12月 2024
In the U.S., it costs about $9 more to staff a hotel room than in 2023. While rooms labor makes up the highest portion of labor expenses, the increase in F&B labor costs is driving most of that growth.
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North America
Industry Updates
Forecast

STR Weekly Insights: 10-16 November 2024

22 11月 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
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Global
Industry Updates
Forward Data

Upcoming holiday season impact on U.S. hotel performance

21 11月 2024
Two significant changes will impact travel in the U.S. this holiday season.
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North America
Forecast
Industry Updates

RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

20 11月 2024
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
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Hotels
Industry Updates
Global
Historical Data

STR Weekly Insights: 3-9 November 2024

15 11月 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
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Global
Industry Updates
Forward Data

STR Weekly Insights: 26 October - 2 November 2024

8 11月 2024
Travel compression, events and recovery efforts again drove U.S. RevPAR; southern states led U.S. performance, and global RevPAR growth remained in double-digits.

STR Weekly Insights: 20-26 October 2024

1 11月 2024
U.S. Group demand reaches annual peak and global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains.
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Global
Industry Updates
Forward Data

U.S. hotel commentary - September 2024

30 10月 2024
U.S. RevPAR decreased 1.3% year over year in September following a robust August which followed a lackluster July.
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North America
Industry Updates

STR Weekly Insights: 13-19 October 2024

25 10月 2024
Hurricane recovery, college football, Taylor Swift and more lift U.S. hotel RevPAR.
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Global
Industry Updates
Forward Data

77% of global markets grew RevPAR against last year, Japan generating more momentum

23 10月 2024
Better than three out of four global markets grew RevPAR over the past four weeks. Tokyo joined the list of top growth markets as Japan continues to attract more international demand with favorable exchange rates.
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Hotels
Global
Industry Updates

U.S. election impact on global travel and hotel performance

18 10月 2024
With the summer months past us, conversations are now swirling around how the U.S. presidential election will impact tourism outside of North America.
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Global
Industry Updates
Historical Data
Forward Data

STR Weekly Insights: 6 - 12 October 2024

18 10月 2024
Countries/markets mentioned: United States: Atlanta, Las Vegas, New Orleans, New York City, Phoenix, Augusta, Florida Central North, Greenville/Spartanburg, Macon/Warner Robins; Global: China, Italy, Spain.
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Global
Industry Updates
Forward Data

STR Weekly Insights: 29 September – 5 October 2024

11 10月 2024
Countries/markets mentioned: United States: Augusta, Charlotte, Chicago, Columbia, Dallas, Detroit, Florida Central North, Houston, Las Vegas, Macon/Robbins, Miami, Tampa, Sarasota, Seattle; Global: Australia (ACT & Canberra, Brisbane, Melbourne), China, Indonesia (Central Java), Mexico.
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Global
Industry Updates
Forward Data

U.S. hotel commentary - August 2024

4 10月 2024
U.S. hotel RevPAR rose 3.9% year over year in August, following a lackluster July.
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North America
Industry Updates