STR: Canada hotel RevPAR above $100 for three consecutive months
Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR’s April 2023 data.
Canada hotel ADR and RevPAR reach all-time high in June
Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to CoStar’s June 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property m...
STR, AirDNA release full analysis of hotels and short-term rentals
The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room (RevPAR), according to a joint analysis of 27 global markets by STR and...
STR: Middle East and Africa hotel performance for July 2020
Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.
STR: Middle East and Africa hotel performance for August 2020
Hotels in both the Middle East and Africa showed continued improvements but overall low performance, according to August 2020 data from STR.
STR: Middle East and Africa hotel performance for September 2020
Hotels in both the Middle East and Africa showed continued occupancy improvements but at overall low levels, according to September 2020 data from STR.
STR: APAC markets show continued signs of hotel performance recovery
The Asia Pacific hotel industry has reported continued performance improvement from COVID-19 low points thanks to strong domestic demand and holidays, according to the performance outlook presented during HICAP 2020 by STR’s Jesper Palmqvist, area director for the re...
STR: Middle East and Africa hotel performance for October 2020
Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR.
STR: Middle East and Africa hotel performance for October 2019
Hotels in the Middle East reported mixed October 2019 performance results, while hotels in Africa posted mostly positive results across the three key performance metrics, according to data from STR.
STR: Middle East and Africa hotel performance for November 2019
Hotels in the Middle East reported mixed November 2019 performance results, while hotels in Africa posted positive results across the three key performance metrics, according to data from STR.
STR: Middle East and Africa hotel construction down in January
STR’s January 2020 hotel pipeline data showed 419 projects accounting for 117,328 rooms in construction in the Middle East and 146 projects and 26,940 rooms in construction in Africa.
STR: Barcelona hotel bookings drop after Mobile World Congress cancellation
Business on the books has dropped roughly 25% in select Barcelona hotels since the announced cancellation of the Mobile World Congress, according to preliminary data from Forward STAR, STR’s future demand benchmarking solution.