STR: Central/South America hotel performance for May 2020
Reflecting the impact of the COVID-19 pandemic, the Central/South America hotel industry reported historic performance lows during May 2020, according to data from STR.
STR: U.S. hotel results for week ending 20 June
U.S. hotel performance data for the week ending 20 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.
U.S. hotel profitability improved in May, limited-service properties break even at 45% occupancy
STR‘s latest monthly P&L data release shows U.S. hotel gross operating profit per available room down 110.1% in May. That percentage change was a slight improvement from April’s decline of 116.9%. Additionally, limited-service properties showed positive profitabi...
STR: Canada hotel results for week ending 20 June
STR data for 14-20 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.
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U.S. hotel demand not expected to fully recover until 2023
Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the latest forecast revision from STR and Tourism Economics.
STR: U.S. hotel results for week ending 27 June
U.S. hotel performance data for the week ending 27 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.
STR: Canada hotel results for week ending 27 June
STR data for 21-27 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.
Baird/STR Hotel Stock Index falls 5.3% in June
The Baird/STR Hotel Stock Index fell 5.3% in June to a level of 3,060. Year to date through the first six months of 2020, the stock index was down 41.9%.
STR: U.S. hotel results for week ending 4 July
U.S. hotel performance data for the week ending 4 July showed a slight decline in occupancy from the previous week, according to STR.
STR: Canada hotel results for week ending 4 July
STR data for 28 June through 4 July 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.
STR: Preliminary June data for Dubai hotels
Dubai’s hotel industry reported slightly improved but still relatively low performance levels, according to preliminary June data from STR.