STR: U.S. hotel performance for May 2021
The U.S. hotel industry recorded its highest monthly performance levels since before the beginning of the pandemic, according to May 2021 data from STR.
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.