STR: Preliminary April data for London hotels
Reflecting the continued impact of the COVID-19 pandemic, April was London’s worst hotel performance month on record, according to preliminary data from STR.
Baird/STR Hotel Stock Index up 15.6% in April
The Baird/STR Hotel Stock Index rose 15.6% in April to a level of 3,177. Year to date through the first four months of 2020, the stock index was down 39.7%.
STR: U.S. hotel results for week ending 9 May
STR data for 3-9 May 2020 showed continues modest gains in U.S. hotel occupancy compared with previous weeks, but a similar level of year-over-year decline in the three key performance metrics.
STR: Canada hotel results for week ending 9 May
The Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 3-9 May 2020, according to data from STR.
STR and TE further downgrade U.S. hotel forecast
The latest U.S. hotel forecast from STR and Tourism Economics projects a 57.5% decline in revenue per available room (RevPAR) in 2020, then a 48.0% increase in the metric in 2021.
STR: U.S. hotel performance for April 2020
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.
STR: U.S. hotel results for week ending 16 May
STR data ending with 16 May showed continued modest gains in U.S. hotel performance compared with previous weeks. Year-over-year declines remain significant although not as severe as the levels recorded in April.
STR: Canada hotel results for week ending 16 May
The Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 10-16 May 2020, according to data from STR.
What happens if a hotel in my Comp Set does not participate?
If a hotel in your comp set fails to report data, we estimate their performance at the average of the reporting hotels in the Comp Set. If a hotel closes, its data is not estimated in your comp set numbers. If a closing reduces your Comp Set hotel count to les...
What if there are blanks in my comp set numbers on my Bandwidth Report?
This means that your comp set did not include sufficient data for reporting. A minimum of three (3) hotels must report data in order for STR to provide comp set performance.
Why am I being compared to submarket scale or market scale instead of my Comp Set?
If your Comp Set did not include sufficient data for reporting, the comparative data will default to the most relevant industry segment available.
How do I calculate RevPAR?
RevPAR is calculated by dividing the total room revenue by the total number of available rooms. Room Revenue/Rooms Available = RevPAR