STR: U.S. hotel results for week ending 27 November
U.S. hotel performance came in higher than any other Thanksgiving week on record, according to STR‘s latest data through 27 November.
Recovery of U.S. hotel profitability stalled in October
U.S. hotel profitability increased from the previous month on a per-available-room basis but was down when indexed to 2019, according to STR‘s October 2021 monthly P&L data release.
Dubai hotels surpassed 2019 profit level in October
Estimated Dubai gross operating profit per available room (GOPPAR) for October 2021 came in at 159% of the 2019 comparable, according to STR‘s latest monthly P&L data release.
Baird/STR Hotel Stock Index fell 7.6% in November
The Baird/STR Hotel Stock Index fell 7.6% in November to a level of 5,099. Year to date through the first 11 months of 2021, the stock index was up 11.5%.
F1 Grand Prix lifted Jeddah hotels to record-breaking performance
Lifted by the Saudi Arabian Grand Prix, Jeddah’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary daily data from STR.
STR: Abu Dhabi hotel occupancy reached pandemic-era high in November
Abu Dhabi’s hotel industry reported its highest monthly occupancy level since the beginning of the pandemic, according to preliminary November 2021 data from STR.
STR: Berlin hotel occupancy declined in November amid latest COVID concerns
Amid rising COVID cases and subsequent restrictions, Berlin’s hotel industry reported lower occupancy but higher room rates, according to preliminary November 2021 data from STR.
STR: Melbourne hotel rates reached pandemic-era highs in November
Reflecting the end of lockdown and eased travel restrictions, Melbourne’s hotel industry reported its highest room rates of the pandemic-era, according to preliminary November 2021 data from STR.
STR: U.S. hotel results for week ending 11 December
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 11 December.
STR: Australia hotels show holiday demand lift
Lifted by the upcoming holiday season, occupancy on the books is rising in Australia’s key hotel markets with Brisbane and Adelaide nearing 70% for New Year’s Eve, according to STR’s Forward STAR.
STR: Paris leads Europe in New Year’s hotel booking levels
Lifted by the upcoming holiday season, hotel occupancy on the books is rising in Paris with a peak of more than 70% on New Year’s Eve, according to STR’s Forward STAR.
STR: U.S. hotel performance for November 2021
The U.S. hotel industry reported lower performance than the month prior but better indexed comparisons with 2019, according to November 2021 data from STR.