STR: U.S. hotel results for week ending 13 May
U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR‘s latest data through 13 May.
STR: U.S. hotel performance for April 2023
U.S. hotel performance for April 2023 produced mix year-over-year comparisons, according to STR.
STR: U.S. hotel results for week ending 20 May
U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to STR‘s latest data through 20 May.
STR: Canada hotel RevPAR above $100 for three consecutive months
Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR’s April 2023 data.
Furniture, Fixtures, and Equipment (FF&E)
FF&E stands for Furniture, Fixtures, and Equipment. This acronym refers to the movable items in a hotel room that are not part of the building's structure. This includes items like beds, chairs, curtains, and lamps. FF&E is an important aspect of hotel d...
Lifestyle Resort
A lifestyle resort is a type of hotel or vacation destination designed to cater to a particular lifestyle or interest. These resorts often offer a range of activities and amenities that appeal to the preferences of their guests, such as outdoor recreation, fitness fa...
Lodging
Lodging is an umbrella term that refers to a temporary place to stay, such as a hotel, motel, or hostel. It can also refer to a vacation rental, short-term rental, bed and breakfast, or any other type of accommodation that provides sleeping quarters for travelers. Th...
Length of Stay (LOS)
LOS stands for Length of Stay and refers to the number of nights that a guest stays in a hotel. LOS is an important metric for hotels because it can impact revenue management and staffing decisions. By understanding LOS trends, hotels can adjust their pricing and mar...
Room block
A room block is a group of hotel rooms that have been reserved for a specific purpose, such as a conference, wedding, or other event. Room blocks are typically booked in advance and can be held for a certain period of time, after which any unreserved rooms are releas...
Global Distribution System (GDS)
A Global Distribution System (GDS) is a computerized network that provides travel-related information and booking services to travel agents, travel management companies, and other travel professionals. GDSs consolidate information from various travel suppliers and en...
Social, Military, Educational, Religious, and Fraternal groups (SMERF)
SMERF stands for Social, Military, Educational, Religious, and Fraternal groups. In the hospitality industry, these groups are considered a key market segment for group bookings. Hotels and event venues often offer specialized services and amenities to cater to the u...
Best Available Rate (BAR)
BAR rate stands for Best Available Rate and refers to the lowest rate offered by a hotel for a particular room type on a given day. This rate is typically available to any guest who books directly with the hotel, either online or over the phone. The BAR may fluctuate...