Baird/STR Hotel Stock Index rose 5.2% in September
The Baird/STR Hotel Stock Index rose 5.2% in September to a level of 5,167. Year to date through the first nine months of 2021, the stock index was up 13.0%.
STR: U.S. hotel results for week ending 9 October
Lifted by the long Columbus Day weekend, U.S. hotel performance rose to a level similar to late-summer, according to STR‘s latest data through 9 October.
U.S. hotel construction down 48,000 rooms from peak
The number of U.S. hotel rooms in construction is down roughly 48,000 from the country’s all-time high in April 2020 (220,207 rooms), according to September 2021 pipeline data from STR.
Europe and Asia Pacific show increased hotel pipeline activity
Two of the four world regions, Europe and Asia Pacific, showed an increase in hotel pipeline activity at the end of the third quarter, according to September 2021 data from STR.
STR: U.S. hotel performance for September 2021
The U.S. hotel industry reported lower performance from the month prior, according to September 2021 data from STR.
STR: U.S. hotel results for week ending 16 October
U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR‘s latest data through 16 October.
STR: Brazil hotel ADR higher than 2019 levels
Brazil’s hotel industry has surpassed its 2019 comparables in average daily rate (ADR) for two of the last three months, according to September 2021 data from STR.
STR: Canada hotel performance declined in September
Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s September 2021 data.
STR: U.S. hotel results for week ending 23 October
U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR‘s latest data through 23 October.
STR: Chile hotel occupancy nearing pre-pandemic levels
Chile’s hotel occupancy reached 90% of the 2019 comparable, according to September 2021 data from STR.
Labor costs brought U.S. hotel profitability down further in September
Increased spending on labor created lower gross operating profit for U.S. hotels, according to STR‘s September 2021 monthly P&L data release.
STR: U.S. hotel performance for April 2023
U.S. hotel performance for April 2023 produced mix year-over-year comparisons, according to STR.