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Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the latest forecast revision from STR and Tourism Economics.

U.S. hotel performance data for the week ending 27 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.

STR data for 21-27 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.

The Baird/STR Hotel Stock Index fell 5.3% in June to a level of 3,060. Year to date through the first six months of 2020, the stock index was down 41.9%.

U.S. hotel performance data for the week ending 4 July showed a slight decline in occupancy from the previous week, according to STR.

STR data for 28 June through 4 July 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.

Dubai’s hotel industry reported slightly improved but still relatively low performance levels, according to preliminary June data from STR.

STR’s preliminary data for London hotels showed record performance lows.

Melbourne showed slightly higher hotel performance in June 2020 but the same significant level of year-over-year declines, according to preliminary data from STR.

Dubai’s hotel industry reported slightly improved but still relatively low performance levels, according to preliminary June data from STR.

Hotels in the Middle East recorded their highest absolute occupancy level since February, while Africa hotels saw slightly lower occupancy than the previous month, according to November 2020 data from STR.

The Central/South America hotel industry reported its highest performance levels since the beginning of the pandemic, according to November 2020 data from STR.