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While U.S. hotel construction has declined for seven consecutive months, rooms in construction in both New York City and Nashville represent a significant percentage of those markets’ existing supply.

Canada’s hotel performance was the highest of the pandemic-era, with monthly hotel room rates reaching an all-time high, according to STR’s June 2022 data.

New York City is well ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021, according to pipeline data from STR’s AM:PM platform.

Abu Dhabi’s hotel industry reported its highest occupancy since the start of the pandemic, according to preliminary June 2021 data from STR.

Beijing’s hotel industry reported lower occupancy but higher room rates when compared with the month prior, according to preliminary June 2021 data from STR.

STR’s preliminary June 2021 data for London hotels showed its highest performance levels since the start of the pandemic

U.S. hotel occupancy improved week over week, while average daily rate (ADR) was the highest on record, according to STR‘s latest data through 10 July.

At the end of Q2 2021, Europe remained the only world region with a year-over-year increase in hotel rooms in construction, according to June pipeline data from STR.

The U.S. hotel industry recorded its highest monthly occupancy and revenue per available room (RevPAR) since October 2019, according to June 2021 data from STR.

U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through 17 July.

Canada’s hotel industry reported its highest monthly performance levels since September 2020, according to STR’s June 2021 data.