STR: Expo lifted Dubai hotel rates to three-year high in October
Lifted by the opening of Expo 2020, Dubai’s hotel industry reported its highest monthly room rates since 2018, according to preliminary October 2021 data from STR.
Nashville is STR’s first U.S. Forward STAR market
Nashville is the first active U.S. market for STR‘s Forward STAR, which allows hotels to benchmark future occupancy on the books against the marketplace.
STR: U.S. hotel results for week ending 13 November
U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through 13 November.
STR: U.S. hotel performance for October 2021
The U.S. hotel industry reported higher performance than the month prior, according to October 2021 data from STR.
STR: Canada hotel performance dipped in October
Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s October 2021 data.
STR: U.S. hotel results for week ending 20 November
U.S. hotel performance dipped from the previous week but came in closer to pre-pandemic levels, according to STR‘s latest data through 20 November.
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.