Market Recovery Monitor - 26 March 2022
While the U.S. saw an overall seasonal slowing in occupancy, several markets saw their highest occupancy since the start of the pandemic, including San Francisco, Los Angeles and San Jose.
Tourism outlook: A new spring in its step?
Government-related barriers, not comfort or financial issues, seem to be the most hindering for tourists these days. Read that and more in this research piece which points to signs of optimism for the future of tourism.
Market Recovery Monitor - 2 April 2022
During the week ending 2 April, U.S. hotel occupancy (64.2%) slipped for a second consecutive week, dropping 1.4 percentage points from the prior week. The decrease was not a surprise given that Spring Break is winding down.
Review of Beijing hotel performance during the Winter Olympics
Following the Beijing Winter Olympics and Paralympics, China’s domestic ice and snow economy continues to boom. As the second host city of a pandemic-era Olympics, how did Beijing’s hotel market fare? STR is pleased to provide this latest market overview for Beijing....
Understanding your STR reports: Hotel supply, demand and the development pipeline
Continuing this educational series on STR reports, we show the importance of taking a step back and expanding your knowledge of the market as an added tool for understanding the operating conditions around your properties.
Video: Denver hospitality radar
Denver hotel ADR and demand are expected to near full recovery this year, while occupancy and RevPAR will take a few more years to reach 2019 levels, mostly due to new supply entering the Mile High City.
Hotel bookings continue to grow in anticipation of Commonwealth Games in Birmingham
Birmingham’s hotel occupancy on the books is peaking at 78% for this summer’s Commonwealth Games. A few months back, levels were peaking at just 55%. Read more in this latest Forward STAR piece.
Market Recovery Monitor - 9 April 2022
U.S. hotel occupancy advanced to 66.4% in the week ending 9 April 2022, up 2.3 percentage points from the prior week and 3.3 percentage points off the level attained in the corresponding week of 2019.
Largest U.S. hotel markets showed considerable RevPAR gains as spring 2022 began
While overall performance continues to be led by smaller, leisure-based destinations, major markets in the U.S. showed considerable performance gains in late March/early April.
Video: U.S. hotel performance for March 2022
U.S. hotel performance for March 2022
Market Recovery Monitor - 16 April 2022
U.S. hotel occupancy for 10-16 April 2022 dropped by the largest week-on-week amount of the past 14 weeks (-4.4 percentage points). However, the decrease was in line with what was seen in 2019, when the Easter weekend fell at the same point in April.
Belfast seeing a surge in spring and summer bookings
Ed Sheeran, André Rieu, Queen + Adam Lambert…they are all playing a role in lifting Belfast’s hotel bookings in the coming months.