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.
STR launches forward-looking data in more than 100 new areas in North America
STR has significantly expanded the forward-looking component of its product offering through the launch of 104 new Forward STAR markets/submarkets in the U.S. and Canada. Forward STAR is now live in 450 areas around the globe.
STR: U.S. hotel results for week ending 25 March
Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through 25 March.
U.S. hotel GOPPAR highest since October 2022
U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR‘s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis ...
Europe’s key hotel markets showed improved profitability in February
Europe’s key hotel markets reported month-over-month improvement in gross operating profit per available room (GOPPAR), according to STR’s February 2023 P&L data release.
STR: U.S. hotel results for week ending 1 April
Aligned with normal spring break patterns, U.S. hotel performance showed mix comparisons from the previous week, according to STR‘s latest data through 1 April.