STR: U.K. leading Europe in hotel occupancy recovery
The U.K. continues to lead Europe in hotel occupancy with four straight weeks above 60% in the metric, according to STR data through 18 July.
STR: U.S. hotel results for week ending 24 July
U.S. weekly hotel occupancy reached its highest level since October 2019, while room rates hit an all-time high, according to STR‘s latest data through 24 July.
U.S. hotel profit reached 84% of 2019 level, labor rises slightly
Gross operating profit for U.S. hotels improved to 84% of the comparable 2019 level, according to STR‘s June 2021 monthly P&L data release. Labor costs also rose from the previous month and in comparison with 2019.
STR: Beach destinations leading hotel performance in Latin America
Latin America’s popular leisure markets, especially beach destinations, have continued to post hotel occupancy levels above 40%, according to data from STR through 25 July.
STR: U.S. hotel results for week ending 31 July
U.S. weekly hotel occupancy dipped from the previous week, while room rates were up slightly, according to STR‘s latest data through 31 July.
STR: Australia hotel occupancy on a steep decline amid latest COVID-19 lockdowns
After being one of the highest-performing countries during the early portion of 2021, Australia’s hotel occupancy has been on a rapid decline amid the latest COVID-19 lockdowns across the country, according to data from STR through 1 August.
STR: 2021-22 school break calendars revert to more traditional learning
After a year of shifts toward e-learning throughout the U.S., STR’s annual School Break Report shows less scheduled remote coursework on the academic calendar for the upcoming year.
STR: India’s hotel industry continues to regain occupancy
After a rapid decline due to a second COVID-19 wave, India’s hotel industry has seen a continued increase in occupancy due to the progressive approach to vaccinations in key markets across the country, according to preliminary data and analysis from STR.