Europe’s key hotel markets surpassed 2019 profitability levels in July
Several of Europe’s largest hotel markets, led by Berlin, surpassed their 2019 levels in gross operating profit per available room (GOPPAR), according to STR’s July 2022 P&L data release.
STR: U.S. hotel results for week ending 3 September
U.S. hotel performance dipped from the previous week but continued to improve in comparison with 2019, according to STR‘s latest data through 3 September.
STR: Melbourne’s hotel performance fell in August
Melbourne’s hotel performance fell from the previous month, but room rates remained well above the pre-pandemic comparable, according to preliminary August 2022 data from STR.
STR: Abu Dhabi hotels recorded higher occupancy in August
Abu Dhabi’s hotel industry recorded higher occupancy than the month prior, but lower room rates, according to preliminary August 2022 data from STR.
Baird/STR Hotel Stock Index dipped 2.7% in August
The Baird/STR Hotel Stock Index dipped 2.7% in August to a level of 5,021. Year to date through the first eight months of 2022, the stock index decreased 12.6%.
STR: London hotel performance dipped in August
Aligned with seasonal patterns, London’s hotel performance came in lower than the peak seen during the previous month, according to preliminary August 2022 data from STR.
STR: U.S. hotel results for week ending 10 September
As expected with the Labor Day calendar shift, U.S. hotel performance fell slightly from the previous week and showed weakened comparisons with 2019, according to STR‘s latest data through 10 September.
STR: U.S. hotel performance for August 2022
Following seasonal patterns, the U.S. hotel industry reported lower performance from the month prior, according to August 2022 data from STR.
STR: U.S. hotel results for week ending 17 September
U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 17 September.
STR: Canada hotel occupancy reached three-year high in August
Canada’s monthly hotel occupancy reached its highest absolute level for any month since August 2019, according to STR’s August 2022 data.
STR: U.S. hotel results for week ending 24 September
U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 24 September.
STR: U.S. hotel results for week ending 1 October
As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October.