Dubai welcomes the world, and hotels are benefitting
Dubai hotels got off to a fast start during Expo, especially with ADR and RevPAR. To measure the market’s success, we look back at a previous Expo host and look forward at occupancy on the books for the remainder of the event in Dubai.
Collapsed scale
Combined chain scales that form a single segment. The collapsed scale segments are: Upscale Chains – includes Luxury, Upper Upscale and Upscale chains Midscale Chains – includes Upper Midscale and Midscale chains Economy Chains – includes Economy chains Indepen...
Market Class
A combination of market and class for data reporting purposes. See Market, Class.
Market scale
Properties located in a specified market and Chain Scale segment (i.e., Waikiki, HI Luxury Chains).
Submarket class
Properties located in a specific submarket and STR class segment (i.e., Waikiki, HI Upper Upscale Class).
Submarket scale
Properties located in a specific submarket and STR scale segment (i.e., Times Square Area Luxury Chains). See Market Tract Scale.
Forward demand around Edinburgh Fringe falls behind last year
As the number of Airbnb properties and other short-term festival lets available in Edinburgh rises, as well as increasing hotel supply, how is hotel performance during Fringe evolving?
What is GOPPAR? How can it benefit your hotels?
Learn how measuring GOPPAR can provide a better picture of your hotel’s financial health, how to calculate it and more here.
Demand may be moving markets during Australia’s summer season
Australia has been much more successful than most countries when it comes to COVID-19 case mitigation. As a result, the country has been able to operate with a greater sense of normalcy.
Beach destinations lead New Year’s performance in Latin America
Latin America’s beach destinations, always popular on the international and domestic tourist trails, have been key to hotel performance recovery even with restrictions on international travel.
Using business on the books in a complete benchmarking approach
Directly-sourced forward booking data empowers key roles within the hospitality industry to complete their strategy with powerful intel into the future. Learn about the Forward STAR metrics, applications of the data and how forward-looking data fits within a comprehe...
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....