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Improvements in U.S. hotel profitability metrics slowed in August, according to STR‘s latest monthly P&L data release.

U.S. hotel occupancy remained nearly flat from the previous week, according to the latest data from STR through 26 September.

STR data for 20-26 September 2020 showed slightly lower performance from prior weeks for Canada’s hotel industry. Year-over-year declines also worsened.

This methodology divides realized demand by the total number of rooms in a market regardless of operational status. As an example, this methodology does not reflect temporary closures due to COVID-19.

The Baird/STR Hotel Stock Index dropped 7.1% in September to a level of 3,329. Year to date through the first nine months of 2020, the stock index was down 36.8%.

U.S. hotel occupancy decreased slightly from the previous week, according to the latest data from STR through 3 October.

STR data for 27 September through 3 October 2020 showed slightly lower performance from prior weeks for Canada’s hotel industry.

STR’s preliminary September 2020 data for London hotels showed lower occupancy but higher room rates when compared with August.

The U.S. opened more hotels and rooms than any country between the beginning of March and end of September, according to global pipeline data from STR. At the same time, the country has shown significant growth in project deferrals and abandonments.

Dubai’s hotel industry reported its highest occupancy level since February, according to preliminary September 2020 data from STR.

STR’s Forward STAR data shows that Australia’s short-term hotel performance will remain similar to recent months with regional areas outperforming capital cities.

U.S. hotel weekly occupancy hit 50% for just the second time since the low point of the pandemic, according to the latest data from STR through 10 October.