Search Results

Amid increased COVID-19 cases and a slow return to office, Sydney’s hotel industry reported a marginal occupancy increase from the prior month, but lower rates, according to preliminary February 2022 data from STR.

Riyadh’s hotel industry reported steady performance levels compared with recent months, according to preliminary February 2022 data from STR.

Overall U.S. hotel performance increased from the previous week, according to STR‘s latest data through 12 March.

The U.S. hotel industry reported higher performance than the month prior, along with better indexed comparisons with 2019, according to February 2022 data from STR.

Canada’s hotel industry reported higher performance from the month prior, along with better indexed comparisons with 2019, according to STR’s February 2022 data.

Lifted by Spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019, according to STR‘s latest data through 19 March.

With lower Spring Break travel volume, U.S. hotel performance dipped slightly from the previous week, according to STR‘s latest data through 26 March.

All of the key performance metrics increased from January, after concerns around Omicron pushed levels lower.

Rio de Janeiro is the only key market that has remained consistently above 2019 levels in GOPPAR. The market’s February GOPPAR was 172% of the pre-pandemic comparable, down from 216% in January.

This weekend’s Australian Grand Prix is lifting Melbourne’s hotel occupancy on the books to its highest level since November 2019, according to STR’s Forward STAR. 

Reflecting continued seasonal slowing in spring break travel, U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 2 April.

The Baird/STR Hotel Stock Index increased 2.2% in March to a level of 5,882. Year to date through the first three months of 2022, the stock index increased 2.4%.