U.S. hotel profitability surpassed 2019 levels for second consecutive month
U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR‘s April 2022 P&L data release.
STR: U.S. hotel results for week ending 28 May
U.S. hotel performance dipped slightly from the previous week, according to STR‘s latest data through 28 May.
Sydney hotels led April profitability recovery in Asia Pacific
Among key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR’s April 2022 P&L data release.
STR, TE upgrade forecast to full U.S. RevPAR recovery in 2022
STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric is now expected to surpass 2019 levels in 2022, according to the latest forecast just presented at the 44th Annual NYU Int...
STR: U.S. hotel results for week ending 4 June
Reflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 June.
Baird/STR Hotel Stock Index dropped 5.8% in May
The Baird/STR Hotel Stock Index dropped 5.8% in May to a level of 5,584. Year to date through the first five months of 2022, the stock index has decreased 2.8%.
STR: Sydney’s hotel industry showed steady occupancy levels in May
Sydney’s hotel industry reported steady occupancy, while room rates fell slightly from the prior month, according to preliminary May 2022 data from STR.
STR: Jeddah hotels reported highest performance since September 2019
Jeddah’s hotel industry reported its highest performance levels since September 2019, according to preliminary May 2022 data from STR.
STR: Berlin hotels post best performance since late 2019
Berlin’s hotel industry reported its highest monthly occupancy and room rates since late 2019, according to preliminary May 2022 data from STR.
STR: U.S. hotel results for week ending 11 June
U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis, according to STR‘s latest data through 11 June.
STR: U.S. hotel performance for May 2022
The U.S. hotel industry reported mixed performance results from the previous month, according to May 2022 data from STR.
STR: U.S. hotel results for week ending 18 June
U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal and a pandemic-era high on an inflation-adjusted basis, according to STR‘s latest data through 18 June.