U.S. hotel profitability stalled in September
The U.S. hotel industry reported a third consecutive month with single-digit profitability, but improvements in year-over-year comparisons stalled, according to STR‘s September monthly P&L data release.
STR: U.S. hotel results for week ending 31 October
U.S. weekly hotel occupancy was the lowest for any week since late June, according to the latest data from STR through 31 October.
STR: Canada hotel results for week ending 31 October
STR data for 25-31 October 2020 showed slightly lower occupancy from prior weeks for Canada’s hotel industry.
Baird/STR Hotel Stock Index mostly flat in October
The Baird/STR Hotel Stock Index was mostly flat in October, down just 0.2% to a level of 3,323. Year to date through the first 10 months of 2020, the stock index was down 36.9%.
2020 U.S. hotel forecast slightly upgraded; full recovery still unlikely until 2024
With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released during the virtual NYU Hospitality Conference.
STR: U.S. hotel results for week ending 7 November
U.S. weekly hotel occupancy was relatively flat from the previous week, according to the latest data from STR through 7 November.
STR: Canada hotel results for week ending 7 November
STR data for 1-7 November 2020 showed slightly higher occupancy from the previous week for Canada’s hotel industry.
STR: Preliminary October data for Jeddah hotels
Jeddah’s hotel industry reported mixed performance in comparison with recent months, according to preliminary October 2020 data from STR.
STR: Preliminary October data for London hotels
STR’s preliminary October 2020 data for London hotels showed relatively flat occupancy compared with the previous month.
STR: Preliminary October data for Melbourne hotels
Reflecting the impact of a second lockdown, Melbourne showed continued lower hotel performance in October 2020, according to preliminary data from STR.
STR: U.S. hotel performance for October 2020
The U.S. hotel industry showed slightly lower performance from the month prior, according to October 2020 data from STR.
STR: U.S. hotel results for week ending 14 November
U.S. weekly hotel occupancy slipped further from previous weeks, according to the latest data from STR through 14 November.