U.S. hotel profitability reached 28-month high in March
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since November 2019, according to STR‘s March 2022 P&L data release.
Paris hotels reached 2019 profitability level in March
Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable, according to STR’s March 2022 P&L data release.
STR: U.S. hotel results for week ending 30 April
U.S. hotel occupancy improved from the previous week, while average daily rate (ADR) decreased slightly, according to STR‘s latest data through 30 April.
STR: London hotels saw highest occupancy of the pandemic-era in April
London’s hotel industry reported its highest monthly occupancy level since February 2020, according to preliminary April 2022 data from STR.
STR: Australian Grand Prix drove Melbourne hotel rates to record high in April
Lifted by the Australian Grand Prix, Melbourne’s hotel industry reported its highest monthly room rates on record, according to preliminary April 2022 data from STR.
Baird/STR Hotel Stock Index rose 0.7% in April
The Baird/STR Hotel Stock Index rose 0.7% in April to a level of 5,925. Year to date through the first four months of 2022, the stock index increased 3.1%.
STR: U.S. hotel results for week ending 7 May
U.S. hotel occupancy declined from the previous week, while average daily rate (ADR) increased slightly, according to STR‘s latest data through 7 May.
STR: Abu Dhabi and Dubai hotels exceeded 2019 Eid al-Fitr performance
The Abu Dhabi and Dubai hotel industries recorded occupancy and average daily rate (ADR) that exceeded the 2019 Eid al-Fitr comparables, according to preliminary data from STR.
STR: U.S. hotel performance for April 2022
The U.S. hotel industry reported higher performance from previous months as well as all-time high room rates, according to April 2022 data from STR.
STR: U.S. hotel results for week ending 14 May
U.S. hotel performance improved from the previous week, according to STR‘s latest data through 14 May.
STR: Canada hotel performance up again in April
Canada’s monthly hotel performance improved once again from the previous month and showed better indexed comparisons, according to STR’s April 2022 data.
STR: U.S. hotel results for week ending 21 May
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 21 May.