Tokyo’s hotel room rates pacing ahead of pre-pandemic levels
The reopening of Japan’s international border several months ago, along with the National Travel Support campaign, have helped boost Tokyo’s hotel average daily rate (ADR) beyond pre-pandemic comparables for two straight months.
STR: U.S. hotel results for week ending 25 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 25 February.
STR: U.S. hotel results for week ending 4 March
U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 March.
STR: Madrid hotel industry reported higher performance in February
Aligned with historical trends for the market, Madrid’s hotel industry reported higher performance from the month prior, according to preliminary February 2023 data from STR.
STR: Riyadh hotels post highest February occupancy since 2008
Riyadh’s hotel occupancy was its highest for a February since 2008, according to preliminary data from STR.
Sydney WorldPride 2023 pushed hotel performance to pre-pandemic levels
Sydney WorldPride 2023 drove the market’s hotel average daily rate (ADR) and revenue per available room (RevPAR) above pre-pandemic levels, while occupancy remained slightly below 2019, according to preliminary data from STR.
STR: U.S. hotel results for week ending 11 March
Helped by the onset of spring break travel, U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 March.
Baird/STR Hotel Stock Index fell 2.5% in February
The Baird/STR Hotel Stock Index fell 2.5% in February to a level of 5,541.
STR: U.S. hotel performance for February 2023
The U.S. hotel industry reported higher performance from the month prior, according to February 2023 data from STR.
STR: U.S. hotel results for week ending 18 March
Helped by spring break travel, U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 March.
SAHIC Preview: Business travel demand returning across South America
South America’s weekday hotel occupancy, a lead indicator of business travel, is moving closer to pre-pandemic levels, according to the latest data from STR that will be presented at the SAHIC Hotel & Tourism Investment Forum.
STR: Canada’s February hotel RevPAR exceeded $100 for the first time on record
Canada’s hotel performance increased from the previous month, with February revenue per available room (RevPAR) exceeding CAD100 for the first time on record, according to STR’s February 2023 data.