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.
STR: Canada hotels post highest rates since September 2019
Canada’s monthly hotel performance improved from the previous month yet again, and room rates reached the highest level since September 2019, according to STR’s May 2022 data.
What different booking statuses should be included in our Forward STAR data?
There are a multitude of terminologies which are often used within the industry, such as definite, confirmed, tentative, optional, prospective, etc. These terminologies are often used and interpreted in different ways. Ultimately, it will depend on both your system c...
Do I only include group business contracts that have been signed and returned?
If your property/portfolio is deducting rooms from Adjusted Rooms Available only when a contract has been issued (i.e. not signed and returned), STR wants those figures included in your submissions.
Should I include my allotted rooms when reporting Rooms Booked to STR?
Allotments which have been negotiated with any vendor (i.e. Hotelbeds, Jac Travel) do not need to be included in your Forward STAR data. Once an allotment has been booked through a reservation and is being deducted from your inventory, then it should be included. ...
Does STR want to see my group bookings even if cancellation policy can still be applied?
If the group bookings are already being deducted from your room inventory, STR wants to see those in your figures. Any room cancellation will simply be factored in as negative pickup within your Forward STAR report.