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U.S. hotel profits fell 84.6% in 2020

U.S. hotel profits fell 84.6% in 2020

Including a 100.6% decline in December, U.S. hotel profitability fell 84.6% in 2020, according to STR‘s latest monthly P&L data release.

STR: U.S. hotel results for week ending 23 January

STR: U.S. hotel results for week ending 23 January

U.S. weekly hotel occupancy remained flat from the previous week, according to STR‘s latest data through 23 January.

STR: Canada hotel results for week ending 23 January

STR: Canada hotel results for week ending 23 January

STR data for 17-23 January 2021 showed Canada’s hotel industry with slightly higher occupancy compared with previous weeks.

STR: U.S. hotel results for week ending 30 January

STR: U.S. hotel results for week ending 30 January

U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR‘s latest data through 30 January.

STR: Canada hotel results for week ending 30 January

STR: Canada hotel results for week ending 30 January

STR data for 24-30 January 2021 showed Canada’s hotel industry with slightly higher occupancy compared with previous weeks.

Baird/STR Hotel Stock Index dropped 8.2% in January

Baird/STR Hotel Stock Index dropped 8.2% in January

The Baird/STR Hotel Stock Index was down 8.2% in January to a level of 4,199.

U.K. hotel markets showing 2021 events boost

U.K. hotel markets showing 2021 events boost

Glasgow’s hotel occupancy on the books is pushing 90% for the UN Climate Change Conference, and London is showing increases around two key sporting events, according to data from Forward STAR, STR’s forward-looking benchmarking solution.

STR: Preliminary January data for Sydney hotels

STR: Preliminary January data for Sydney hotels

Sydney’s hotel industry reported lower performance levels compared with the previous month, according to preliminary January 2021 data from STR.

STR: Preliminary January data for Riyadh hotels

STR: Preliminary January data for Riyadh hotels

Riyadh’s hotel industry reported its highest overall performance since the start of the pandemic, according to preliminary January 2021 data from STR. Year-over-year declines remained significant.

STR: Preliminary January data for Berlin hotels

STR: Preliminary January data for Berlin hotels

STR’s preliminary January 2021 data for Berlin hotels showed slightly higher performance levels compared with the previous month but at overall low levels.

STR: U.S. hotel results for week ending 6 February

STR: U.S. hotel results for week ending 6 February

U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR‘s latest data through 6 February.

STR: Canada hotel results for week ending 6 February

STR: Canada hotel results for week ending 6 February

STR data for 31 January through 6 February 2021 showed Canada’s hotel industry with slightly lower occupancy compared with the previous week.