U.S. hotel commentary - April 2023
Demand was down year over year for the first time since early 2021, but historical patterns point to the demand decline being more of a reset.
STR/TE Market Forecast Assumptions – May 2023
Revised Market Forecasts from STR and Tourism Economics are now available. View the full global travel and macroeconomic assumptions that went into this quarter's reports.
STR Weekly Insights: 28 May – 3 June 2023
Countries included: United States, United Kingdom, Spain, Germany, Italy, China, Mexico, France, Canada, Japan, Indonesia, Ireland, Malta, and Greece.
U.S. hotel performance enchanted by Taylor Swift’s “The Eras Tour”
We “said remember this moment” – because whether looking at actualized hotel data from recent weeks, or booking data for later this summer, Taylor Swift’s “The Eras Tour” is making an impact across the country.
Group demand sentiment trends upward, energy/utility costs and airlift capacity remain top challenges among industry experts
The second edition of our Hotel Industry Sentiment survey shows opinions toward group demand trending upward, while energy/utility costs and airlift capacity remain top challenges among industry experts.
STR Weekly Insights: 4-10 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Malta, Czech Republic, Ireland, and Mexico.
Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
STR Weekly Insights: 11 – 17 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
U.S. hotel performance cooled a bit in the leadup to summer
Sandwiched in between the slower business period around Memorial Day and the early portion of summer, U.S. hotel performance cooled a bit during the four weeks ending 17 June. Read more in our latest “bubble chart” update.
Staying strong, 85% of global hotel markets continue to see RevPAR growth above 2019
A new edition of STR's global "bubble" charts shows sustained strength in the balance recovery as occupancy continues to contribute to growth in revenue per available room (RevPAR).
STR Weekly Insights: 18 – 24 June 2023
Countries included: United States, China, Japan, United Kingdom, France, Indonesia, Germany, Mexico, Canada, Italy, Spain, Ireland, Greece, Malta, and Fiji.
U.S. hotel commentary - May 2023
Weekends were the culprit behind May’s lower demand growth, as weekend levels declined year over year for the second month in a row.