STR: U.S. hotel results for week ending 18 December
U.S. hotel performance surpassed the levels seen during the comparable week of 2019, according to STR‘s latest data through 18 December.
STR: Canada hotel performance recovery continued slowly in November
Canada’s hotel industry reported slightly lower performance levels from the month prior, but indexed comparisons with 2019 were better, according to STR’s November 2021 data.
STR: U.S. hotel results for week ending 25 December
U.S. hotel occupancy came in lower than the previous week but reached an all-time high on Christmas, according to STR‘s latest data through 25 December.
STR: U.S. hotel results for week ending 1 January
U.S. hotel average daily rate (ADR) reached an all-time weekly high, according to STR‘s latest data through 1 January
Baird/STR Hotel Stock Index jumped 12.7% in December, ended year up 25.6%
The Baird/STR Hotel Stock Index jumped 12.7% in December to a level of 5,744. For 2021 as a whole, the stock index was up 25.6%.
STR: Sydney hotel rates reached pandemic-era highs in December
Reflecting the beginning of summer and impact of the holiday season, Sydney’s hotel industry reported its highest room rates of the pandemic-era, according to preliminary December 2021 data from STR.
STR: Dubai hotel rates reached six-year high in December
Lifted by Expo 2020 and the holiday season, Dubai’s hotel industry reported its highest monthly room rates since 2015, according to preliminary December 2021 data from STR.
STR: London hotel occupancy fell in December amid latest COVID concerns
Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR.
Los Angeles hotel rates forecasted at $445, second highest for a Super Bowl weekend
Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels for any Super Bowl weekend on record, according to STR’s forecasting team.
STR: U.S. hotel results for week ending 8 January
Reflecting post-holiday seasonality, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 8 January.
U.S. hotel construction ends year down 61,000 rooms from peak
The number of U.S. hotel rooms in construction is down roughly 61,000 from the country’s all-time high achieved in early 2020, according to December 2021 pipeline data from STR.
Hotel construction down around the world, except in Asia Pacific region
Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR.