Baird/STR Hotel Stock Index dropped 10% in December, ended year down 15%
The Baird/STR Hotel Stock Index dropped 10% in December to a level of 4,885. For 2022 as a whole, the stock index was down 15%.
STR: U.S. hotel construction up year over year for first time since late 2020
After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR.
Hotel pipeline activity down around the world, except in Middle East & Africa
Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the fourth quarter, according to December 2022 data from STR.
STR: U.S. hotel performance for December 2022
The U.S. hotel industry reported lower performance from the month prior but improved comparisons with 2019, according to December 2022 data from STR.
What types of closures does STR record?
STR reports four types of closures: Under construction Under renovation Partial month/temporary closure Seasonal closure
STR: U.S. hotel results for week ending 14 January
U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR‘s latest data through 14 January.
STR: U.S. hotel ADR and RevPAR reached record highs in 2022
The U.S. hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on record, according to 2022 data from STR.
STR, TE make modest upgrade to first U.S. hotel forecast of 2023
STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast just released at the Americas Lodging Investment Summit (ALIS). Additionally, a subsequent downward adjustment was made for 2024.
STR: Canada hotels achieved record-high ADR and RevPAR in 2022
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR’s 2022 data.
STR: Most global regions showed full RevPAR recovery in 2022
Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR.
U.S. hotel results for week ending 21 January
With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through 21 January.
STR: U.S. hotel results for week ending 28 January
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 28 January.