Miami and Dubai led the world in hotel profit recovery in 2021
Miami and Dubai led the major global markets in hotel profit recovery for 2021, according to STR‘s full-year P&L data release.
STR: U.S. hotel results for week ending 5 February
U.S. weekly hotel occupancy eclipsed 50% for the first time in more than a month, but the index to 2019 dipped from the week prior, according to STR‘s latest data through 5 February.
STR: Berlin hotel performance fell lower in January
With tight pandemic restrictions, Berlin’s hotel industry reported lower performance than months prior, according to preliminary January 2022 data from STR.
STR: Jeddah hotel industry reported slightly lower performance levels in January
Jeddah’s hotel industry reported slightly lower performance levels compared with the month prior, according to preliminary January 2022 data from STR.
STR: Melbourne hotel rates reached pandemic-era highs in January
Helped by the Australian Open, Melbourne’s hotel industry reported its highest room rates of the pandemic-era, according to preliminary January 2022 data from STR.
STR: China hotel rates higher than 2019 level during Lunar New Year
Mainland China’s hotel industry surpassed its 2019 comparable in Lunar New Year average daily rate (ADR) even with substantially lower occupancy, according to preliminary data from STR.
STR: U.S. hotel results for week ending 12 February
U.S. weekly hotel performance advanced to its highest levels since December, according to STR‘s latest data through 12 February.
Baird/STR Hotel Stock Index dropped 3.8% in January
The Baird/STR Hotel Stock Index dropped 3.8% in January to a level of 5,528.
STR: U.S. hotel performance for January 2022
The U.S. hotel industry reported lower performance to open the year, according to January 2022 data from STR.
STR: Canada hotel performance fell in January amid latest COVID concerns
Canada’s hotel industry reported lower monthly performance levels amid the latest pandemic concerns, according to STR’s January 2022 data.
STR: U.S. hotel results for week ending 19 February
Helped by Presidents’ Day weekend, U.S. hotel performance increased from the previous week and showed improvement against 2019 comparables, according to STR‘s latest data through 19 February.
STR: U.S. hotel results for week ending 26 February
U.S. hotel performance increased from the previous week and showed significant improvement against 2019 comparables, according to STR‘s latest data through 26 February.