What types of closures does STR record?
STR reports four types of closures: Under construction Under renovation Partial month/temporary closure Seasonal closure
(E) How long will STR legacy reports continue?
Until you have been upgraded to CoStar, there is no timeline for a change with the reports you receive. Once you are in the new product, there will be a 30-day overlap period when STAR, Bandwidth, RPM, etc. are still delivered as legacy reports. Corporate Reports, Da...
(F) What are the different license types for the product and who should receive them?
Superuser – This license is provided to company administrators who will manage functionality. These users are able to grant themselves a Benchmarking license for full access to product. Benchmarking – This license provides full access to product, including all STAR ...
How to I report Rooms Revenue figures?
Included in Rooms Revenue figures: ‘no-shows’, surcharges and service charges (property acting as principal), partial day and ‘day use’ revenue, pet or smoking rooms, early/late departure fees, rollaway bed/crib rental Excluded from Rooms Revenue figures: Resort fees...
(C) Are training resources available?
All training is automated throughout the software. Users have confirmed the ease of use, helpful nature of guides and tutorials, and an overwhelmingly positive product experience. In addition to product demos with your STR representative, we also recommend our webina...
This month vs. last month
Amount of growth - positive, negative or flat - this period versus the last reporting month. Calculated as ((TM-LM)/LM)*100.
Total Room Inventory Occupancy
This methodology divides realized demand by the total number of rooms in a market regardless of operational status. As an example, this methodology does not reflect temporary closures due to COVID-19.
Under contract pipeline
All projects with a current phase of In Construction, Final Planning or Planning.
Can I automate my data to STR?
Please contact integration@str.com for information on automating your data feed.
What file types can I use to transfer my data?
Accepted file types include .txt, .csv (delimited: tab, pipe, semi-colon, and space) and Excel.
CoStar, TE maintain growth projections in first U.S. hotel forecast of 2025
CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 just released at the Americas Lodging Investment Summit (ALIS).
U.S. hotel results for week ending 25 January
As expected with the MLK Day holiday, the U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 25 January.