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STR data for 26 July through 1 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

The Baird/STR Hotel Stock Index decreased 1.7% in July to a level of 3,010. Year to date through the first seven months of 2020, the stock index was down 42.9%.

The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room (RevPAR), according to a joint analysis of 27 global markets by STR and...

Sydney showed slightly higher hotel performance in July 2020 but the same significant level of year-over-year declines, according to preliminary data from STR.

Jeddah’s hotel industry reported improved but low performance levels during July 2020, according to preliminary data from STR.

STR’s preliminary July data for London hotels showed record-low occupancy.

U.S. hotel performance data for the week ending 8 August showed slightly higher occupancy and room rates from the previous week, according to STR.

STR data for 2-8 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded STR and Tourism Economics forecast just released at the 2020 Hotel Data Conference.

The U.S. hotel industry showed slightly higher performance from the month prior, but at overall low levels during July 2020, according to data from STR.

U.S. weekly hotel occupancy hit 50.0% for the first time since mid-March, according to the latest data from STR.

STR data for 9-15 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.