STR: Dubai April hotel occupancy peaked during Eid al-Fitr
Dubai’s hotel industry saw its saw highest April 2023 occupancy levels during the Eid-al Fitr holiday period, according to preliminary data from STR.
STR: Amsterdam hotel ADR and RevPAR reached record-highs in April
Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR.
Baird/STR Hotel Stock Index increased 1.4% in April
The Baird/STR Hotel Stock Index increased 1.4% in April to a level of 5,430.
STR: U.S. hotel results for week ending 13 May
U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR‘s latest data through 13 May.
Day-of-week RevPAR
The Day-of-Week RevPAR on a Pulse Report details your property's average day-of-week RevPAR (e.g. Monday) versus the average for your primary comp set. Please note that the aggregate competitive set data excludes your property, so the results may be different than sh...
Day-to-day comparison
Comparison of daily performance by day of week (Monday this year vs. Monday last year).
Demand
The number of rooms sold in a specified time period (excludes complimentary rooms). Refer to Data Reporting Guidelines for more specific application. See: Rooms Sold (Room Demand).
Destination resort
Property that appeals to leisure travelers, typically located in resort markets, and considered a destination in and of themselves with extensive amenity offerings. These properties are typically larger and full-service.
Developer
A company that prepares a site and builds for commercial use as a lodging facility.
Exchange rate
The value of one currency for the purpose of one conversion to another. For STR reporting purposes, this is the factor used to convert U.S. dollar revenue to local currency and vice versa. STR obtains exchange rate data from Oanda.com. Monthly data uses the rat...
Extended stay
Properties typically focused on attracting guests for extended periods. These properties quote weekly rates. The typical length of stay average for guests is four to seven nights.
Fair share
A metric that assumes an even distribution of supply, demand and revenue among all properties in a selected group. An index of 100 indicates a property has achieved its fair share. For example, if a subject hotel’s ADR is $50, and the ADR of its competitive set...