STR: Canada hotel performance for April 2021
Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s April 2021 data.
STR: U.S. hotel results for week ending 22 May
U.S. weekly hotel occupancy reached the 60% mark for the first time since the start of the pandemic, according to STR‘s latest data through 22 May.
U.S. hotel profit improved to 60% of 2019 level, labor remains stagnant
Gross operating profit for U.S. hotels reached 60% of the comparable 2019 level, according to STR‘s April 2021 monthly P&L data release. While GOP in comparison with 2019 improved from 50% in March, labor spending was up to just 64% in April after coming in at 60...
STR: U.S. hotel results for week ending 29 May
Boosted by the Friday and Saturday of Memorial Day weekend, U.S. weekly hotel occupancy reached its highest level since late-February 2020, according to STR‘s latest data through 29 May.
Baird/STR Hotel Stock Index dipped 2.8% in May
The Baird/STR Hotel Stock Index dipped 2.8% in May to a level of 5,148. Year to date through the first five months of 2021, the stock index was up 12.6%.
India hotel occupancy on a continued decline amid second COVID-19 wave
After an improved start to 2021, India’s hotel occupancy has been on a rapid decline amid the second COVID-19 wave in the country, according to data from STR.
STR: U.S. hotel results for week ending 5 June
U.S. weekly hotel performance remained relatively flat from the previous week but still reached pandemic-era highs, according to STR‘s latest data through 5 June.
STR: Preliminary May data for Berlin hotels
STR’s preliminary May 2021 data for Berlin hotels showed slightly higher performance compared with previous months but at overall low levels.
STR: Preliminary May data for Riyadh hotels
Riyadh’s hotel industry reported its highest room rates in three months, according to preliminary May 2021 data from STR.
STR: Preliminary May data for Melbourne hotels
Melbourne’s hotel industry reported lower performance levels compared with the month prior, according to preliminary May 2021 data from STR.
STR: U.S. hotel results for week ending 12 June
U.S. hotel occupancy reached its highest weekly level since early November 2019, according to STR‘s latest data through 12 June.