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STR: U.S. leads world in hotel openings as construction activity declines

STR: U.S. leads world in hotel openings as construction activity declines

The U.S. led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM platform. At the same time, the country’s construction activity continues to decline in comparison with pre-pandemic levels.

STR: U.S. hotel results for week ending 3 April

STR: U.S. hotel results for week ending 3 April

U.S. hotel occupancy remained flat from the previous week, while the country’s ADR and RevPAR levels were its highest since the beginning of March 2020, according to STR‘s latest weekly data through 3 April 2021.

Baird/STR Hotel Stock Index dipped 0.2% in March

Baird/STR Hotel Stock Index dipped 0.2% in March

The Baird/STR Hotel Stock Index dipped 0.2% in March to a level of 5,131. Year to date through the first three months of 2021, the stock index was up 12.2%.

STR: Preliminary Berlin hotel data for March

STR: Preliminary Berlin hotel data for March

STR’s preliminary March 2021 data for Berlin hotels shows slightly better performance compared with recent months, albeit at overall low levels due to continued restrictions in Germany.

STR: Preliminary March data for Beijing hotels

STR: Preliminary March data for Beijing hotels

Beijing’s hotel industry reported its highest room rates in 15 months, according to preliminary March 2021 data from STR.

STR: Preliminary Jeddah hotel data for March

STR: Preliminary Jeddah hotel data for March

Jeddah’s hotel industry reported one of its highest monthly occupancy levels of the pandemic period, according to preliminary March 2021 data from STR.

Hotel construction down around the world, except in Europe

Hotel construction down around the world, except in Europe

Europe is the only world region showing increased hotel construction activity in comparison with the end of Q1 last year, according to March pipeline data from STR.

STR: U.S. hotel results for week ending 10 April

STR: U.S. hotel results for week ending 10 April

The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest weekly data through 10 April.

Mumbai’s rapid hotel recovery faces headwinds

Mumbai’s rapid hotel recovery faces headwinds

Mumbai’s rapid hotel performance recovery is projected to return to more moderate levels, according to a recent market forecast from STR and Tourism Economics.

STR: U.S. hotel performance for March 2021

STR: U.S. hotel performance for March 2021

The U.S. hotel industry showed its highest performance levels since the beginning of the pandemic, according to March 2021 data from STR.

STR: U.S. hotel results for week ending 17 April

STR: U.S. hotel results for week ending 17 April

U.S. weekly hotel occupancy fell 2.6 percentage points from the previous week, according to STR‘s latest data through 17 April.

STR: Canada hotel performance for March 2021

STR: Canada hotel performance for March 2021

Canada’s hotel industry reported slightly higher performance when compared with recent months, according to STR’s March 2021 data.