STR: Adelaide hotel bookings jump for sport-heavy April
The recent announcement that Adelaide will host the Australian Football League’s (AFL) Gather Round and LIV Golf in April 2023 has resulted in a boost in the market’s hotel occupancy on the books, according to STR’s Forward STAR data.
STR: U.S. hotel results for week ending 10 December
U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 10 December.
STR: U.S. hotel performance for November 2022
The U.S. hotel industry reported lower performance from the month prior and weakened comparisons with 2019, according to November 2022 data from STR.
STR: U.S. hotel results for week ending 17 December
U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019 in part because of a favorable calendar shift, according to STR‘s latest data through 17 December.
STR: Canada hotel performance surpassed pre-pandemic levels in November
Canada’s hotel performance came in lower than the month prior but showed improved comparisons to 2019, according to STR’s November 2022 data.
STR: U.S. hotel results for week ending 24 December
U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019 on the unfavorable side of a holiday calendar shift, according to STR‘s latest data through 24 December.
STR: U.S. hotel results for week ending 31 December
U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR‘s latest data through 31 December.
STR: London hotel performance remained steady in December
London hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the 2019 comparable for an eighth consecutive month, according to preliminary December 2022 data from STR.
STR: Melbourne hotels reached record-high room rates in December
Melbourne’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to preliminary December 2022 data from STR.
STR: Dubai hotel industry closed 2022 with healthy performance
Dubai’s hotel occupancy came in lower than the pre-pandemic comparable, but average daily rate (ADR) once again pushed revenue per available room (RevPAR) far above 2019 levels, according to preliminary December 2022 data from STR.
STR: U.S. hotel results for week ending 7 January
Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR‘s latest data through 7 January.
Baird/STR Hotel Stock Index dropped 10% in December, ended year down 15%
The Baird/STR Hotel Stock Index dropped 10% in December to a level of 4,885. For 2022 as a whole, the stock index was down 15%.