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Glossary

Profit & Loss Report (P&L Report)

Comprehensive set of monthly, annual and custom reports based on revenue and expense data from hotel operating statements. These reports consist of hotel revenue and expenses broken down by departments including rooms, food and beverage, marketing, utilities and main...

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Glossary

Rank

Subject property's key performance indicators (KPI) - Occupancy, ADR and RevPAR - ranked in comparison to the respective KPI of each competitive set property.  Example: “2 of 6” ADR ranking means the subject hotel’s absolute ADR is the second highest of the six ...

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Glossary

Real Estate Investment Trust (REIT)

Corporation or trust that uses the pooled capital of many investors to purchase and manage income property and/or mortgage loans. Typically, they distribute the majority of earnings directly to shareholders as dividends without taxation at the corporate level.

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Glossary

Referral company

Group of independently owned, non-affiliated properties that have banded together to recommend and refer business. This type of connection typically does not carry the same involvement and standardized requirements as a membership or franchise company.

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Glossary

Regions (U.S.)

STR groups the U.S. into nine regions: New England (Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island)  Middle Atlantic (New York, Pennsylvania, New Jersey) South Atlantic (Maryland, Delaware, West Virginia, Virginia, North Carolina, S...

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Profitability in Asia Pacific hotel markets well below pre-pandemic levels

Profitability in Asia Pacific hotel markets well below pre-pandemic levels

The hotel industries in seven key Asia Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40% of the 2019 comparable, according to STR‘s September 2021 monthly P&L data release.

STR: U.S. hotel results for week ending 30 October

STR: U.S. hotel results for week ending 30 October

As anticipated ahead of Halloween, U.S. hotel performance fell week over week, according to STR‘s latest data through 30 October.

STR: Australia’s hotels regaining occupancy with restrictions eased

STR: Australia’s hotels regaining occupancy with restrictions eased

With lengthy lockdowns ending and travel restrictions easing, Australia’s hotel industry has seen recent improvement in hotel occupancy levels, according to preliminary data from STR through 31 October.

Baird/STR Hotel Stock Index jumped 6.8% in October

Baird/STR Hotel Stock Index jumped 6.8% in October

The Baird/STR Hotel Stock Index jumped 6.8% in October to a level of 5,520. Year to date through the first 10 months of 2021, the stock index was up 20.7%.

Forecast: U.S. hotel demand and ADR will near full recovery in 2022

Forecast: U.S. hotel demand and ADR will near full recovery in 2022

U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according to the upgraded forecast just released by STR and Tourism Economics at the 43rd Annual NYU International Hospitality Industry Investment Conference. Ad...

STR: U.S. hotel results for week ending 6 November

STR: U.S. hotel results for week ending 6 November

U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through 6 November.

STR: London hotel performance reached pandemic-era highs in October

STR: London hotel performance reached pandemic-era highs in October

London’s hotel industry reported its highest performance levels of the pandemic-era, according to preliminary October 2021 data from STR.