2020-21 Australian accommodation monitor shows performance divide between capitals and regional areas
Australian accommodation declines for the 2020-21 financial year were worse for capital markets than regional areas, according to STR’s collection of national accommodation statistics through the Australian Accommodation Monitor.
STR: Canada hotel performance continued to climb in August
Canada’s hotel industry reported its highest monthly performance levels since the pandemic, according to STR’s August 2021 data.
STR: U.S. hotel results for week ending 18 September
U.S. hotel occupancy reached a 4-week high, according to STR‘s latest data through 18 September.
STR: Glasgow hotel occupancy nearing 90% for upcoming UN Climate Change Conference
Glasgow’s hotel occupancy on the books is nearing 90% for the UN Climate Change Conference in early November, according to data from Forward STAR, STR’s forward-looking benchmarking solution.
STR: U.S. hotel results for week ending 25 September
U.S. hotel occupancy remained relatively flat week over week, while average daily rate rose, according to STR‘s latest data through 25 September.
U.S. hotel profitability dipped in August
With the end of the summer travel surge, estimated gross operating profit for U.S. hotels came in lower than the previous month, according to STR‘s August 2021 monthly P&L data release.
Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels
The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels, according to STR‘s August 2021 monthly P&L data release.
STR: U.S. hotel results for week ending 2 October
U.S. hotel performance dipped from the previous week, according to STR‘s latest data through 2 October.
STR: Preliminary September data for Riyadh hotels
Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.
STR: Preliminary September data for Berlin hotels
Berlin’s hotel industry reported its second-best occupancy and highest room rates of the pandemic-era, according to preliminary September 2021 data from STR.