STR: Miami hotels shatter Super Bowl Weekend records for ADR, RevPAR
Miami hotel performance exceeded projections and reached record levels in both average daily rate (ADR) and revenue per available room (RevPAR) during Super Bowl LIV weekend, according to an analysis by STR’s Consulting & Analytics office.
STR: Caribbean/Mexico hotel construction up 26.9% in January
STR’s hotel pipeline data for the Caribbean/Mexico region showed 152 projects accounting for 31,787 rooms in construction as of the end of January 2020. This represented a 26.9% year-over-year jump in the number of rooms in the final phase of the development pipeline...
STR: Central/South America hotel construction up 6.1% in January
STR’s hotel pipeline data for the Central/South America region showed 147 projects accounting for 20,198 rooms in construction as of the end of January 2020. This represented a 6.1% year-over-year increase in the number of rooms in the final phase of the development ...
China hotel performance recovered quickly following SARS
Amid the current outbreak of coronavirus (COVID-19), STR analyzed historical data for China and found that the country’s hotel performance recovered quickly following the containment of SARS in 2003. Recovery around the current outbreak situation of 2020 could follow...
STR: U.S. hotel performance for January 2020
The U.S. hotel industry reported positive results in the three key performance metrics during January 2020, according to data from STR.
STR: Sustainable travel, climate change on the mind of tourists
Findings of a survey conducted by STR’s Tourism Consumer Insights team revealed the importance of sustainable tourism as well as the impact of climate change on traveler perception.
STR: Europe hotel performance for January 2020
Europe’s hotel industry reported positive results in the three key performance metrics during January 2020, according to data from STR.
STR: Central/South America hotel performance for January 2020
Hotels in the Central/South America region reported positive performance results during January 2020, according to data from STR.
STR: Asia Pacific hotel performance for January 2020
Hotels in the Asia Pacific region reported mostly negative results in the three key performance metrics during January 2020, according to data from STR.
STR: Middle East and Africa hotel performance for January 2020
Hotels in the Middle East reported mixed January 2020 performance results, while hotels in Africa posted positive results across the three key performance metrics, according to data from STR.
Hotel markets throughout Asia Pacific show coronavirus impact
Top Asia Pacific destinations for Mainland China outbound travelers continue to report a hotel occupancy impact amid the outbreak of coronavirus (COVID-19), according to preliminary February data from STR.
STR: Canada hotel results for week ending 15 February
The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 9-15 February 2020, according to data from STR.