STR: U.S. hotel performance for March 2022
Lifted by Spring Break travel, the U.S. hotel industry reported elevated performance with better indexed comparisons against 2019, according to March 2022 data from STR.
STR: U.S. hotel results for week ending 16 April
Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter, according to STR‘s latest data through 16 April.
India hotel occupancy and ADR top pre-pandemic levels in mid-April
Amid continued recovery from the Omicron wave, India’s hotel industry eclipsed pre-pandemic comparables in occupancy and average daily rate (ADR) for three consecutive days during the second week of April, according to preliminary data from STR.
STR: Canada hotel rates exceeded 2019 levels in March
Canada’s monthly hotel rates exceeded 2019 levels for the first time since the pandemic began, according to STR’s March 2022 data.
STR: U.S. hotel results for week ending 23 April
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 23 April.
STR: U.S. hotel results for week ending 19 June
U.S. weekly hotel occupancy hit its highest level in 85 weeks, according to STR‘s latest data through 19 June.
STR: Canada hotel performance for May 2021
Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s May 2021 data.
STR contracts with Fáilte Ireland on hotel performance reporting
STR, the leader in data benchmarking and analytics for the global hospitality industry, has signed a contract with Fáilte Ireland, the national tourism development authority, to support measurement and reporting of hotel performance in Ireland.
U.S. hotel profit improved to 70% of 2019 level, labor flat
Gross operating profit for U.S. hotels reached 70% of the comparable 2019 level, according to STR‘s May 2021 monthly P&L data release. While demand, revenues and GOP continue to uptick, labor spending remained flat from the previous month at 64%.
STR: U.S. hotel results for week ending 26 June
U.S. weekly hotel occupancy hit its highest level since late October 2019, according to STR‘s latest data through 26 June.
STR: Australia’s latest lockdowns curtail hotel bookings
Amid recent COVID-19 outbreaks and lockdowns, key markets in Australia are showing noticeably lower levels of occupancy on the books for the coming weeks, according to data from STR’s Forward STAR.