STR Chain Scales - February 2025
Amanda Hite
Amanda W. Hite, STR’s president since 2011, leads the company’s business activities and overall direction. She is also a member of the senior leadership team for CoStar Group (NASDAQ: CSGP), parent company of STR since 2019.Under Hite’s guidance, STR has experienced ...
U.S. hotel results for week ending 1 February
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 1 February
Shanghai, London and Dubai among global leaders in new hotel room openings for 2025
Among markets outside of the U.S, Shanghai, London and Dubai are projected to open the most hotel rooms in 2025, according to CoStar’s pipeline data.
Jeddah hotel performance jumped during Spanish Super Cup
Boosted by the Spanish Super Cup 2025, Jeddah’s hotel industry posted its highest January occupancy level since 2015, according to preliminary data from CoStar.
Brisbane hotels posted record-high January room rate
Brisbane’s hotel industry posted its highest January average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.
Mix of events drove Paris room rates to January high
New Year’s celebrations and multiple events pushed Paris hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for January, according to preliminary data from CoStar.
U.S. hotel results for week ending 8 February
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 8 February.
U.S. hotel profits grew in 2024 but were limited by inflation and labor costs
U.S. hotel industry profits grew in 2024, but increased labor costs and inflation limited growth, according to P&L data from CoStar.
Room rate growth continues to drive Canada hotel performance
Canada’s hotel industry reported positive performance year over year, driven by growth in room rates, according to January data from CoStar.
U.S. hotel results for week ending 15 February
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 15 February.
U.S. hotel performance for December 2024
The U.S. hotel industry reported mixed performance results from the previous month, according to December 2024 data from CoStar.