The Americas and Asia Pacific regions show increased hotel pipeline activity
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR.
STR: U.S. hotel results for week ending 9 April
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 9 April.
STR: U.S. hotel performance for March 2022
Lifted by Spring Break travel, the U.S. hotel industry reported elevated performance with better indexed comparisons against 2019, according to March 2022 data from STR.
STR: U.S. hotel results for week ending 16 April
Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter, according to STR‘s latest data through 16 April.
India hotel occupancy and ADR top pre-pandemic levels in mid-April
Amid continued recovery from the Omicron wave, India’s hotel industry eclipsed pre-pandemic comparables in occupancy and average daily rate (ADR) for three consecutive days during the second week of April, according to preliminary data from STR.
STR: Canada hotel rates exceeded 2019 levels in March
Canada’s monthly hotel rates exceeded 2019 levels for the first time since the pandemic began, according to STR’s March 2022 data.
STR: U.S. hotel results for week ending 23 April
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 23 April.
IHIF Preview: U.K., Poland and Ireland lead Europe hotel occupancy recovery
The U.K., Poland and Ireland are the three European countries to achieve occupancy indexes that are 80% or better of pre-pandemic levels, according to the latest preliminary data from STR that will be presented at the International Hospitality Investment Forum (IHIF)...
U.S. hotel profitability reached 28-month high in March
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since November 2019, according to STR‘s March 2022 P&L data release.
Paris hotels reached 2019 profitability level in March
Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable, according to STR’s March 2022 P&L data release.
STR: U.S. hotel results for week ending 30 April
U.S. hotel occupancy improved from the previous week, while average daily rate (ADR) decreased slightly, according to STR‘s latest data through 30 April.
STR: London hotels saw highest occupancy of the pandemic-era in April
London’s hotel industry reported its highest monthly occupancy level since February 2020, according to preliminary April 2022 data from STR.