Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand
Based on their experiences and expectations as travel industry professionals, our global community shared their perspectives on demand segments, short- to long-term business confidence, and more in recent results from our Hospitality Industry Sentiment (HIS) survey. ...
STR Weekly Insights: 21-27 April 2024
Countries (markets) mentioned: United States: Detroit, Miami, Philadelphia, Seattle, Tampa; Global: Australia (Adelaide, South Australia), Indonesia, United Kingdom (Aberdeen, Cardiff)
STR Weekly Insights: 28 April – 4 May 2024
Countries (markets) mentioned: United States; Global: United Kingdom (London, Manchester, Edinburgh, Glasgow), Germany, France, Spain (Madrid, Barcelona, Canary and Balearic Islands) and Italy.
A deep dive into Japan’s hotel ADR growth trends
While initial spikes in Japan's hotel room rate growth coincided with true pandemic recovery, the lift has largely been impacted by the depreciating yen for the last year or so.
STR Weekly Insights: 5-11 May 2024
Countries/markets mentioned: United States: Daytona Beach, Las Vegas, Minneapolis, and San Francisco; Global: China, France, Germany, Japan, and Spain.
CoStar Product Features for Hotel Data Providers
CoStar Product Features for Hotel Data Providers Please access CoStar.com using your existing credentials. You will find all product sections conv <div class="flourish-embed flourish-cards" data-src="visualisation/18273812?910400"><script...
A look at Mainland China’s hotel performance during the May Day period
The hotel occupancy rate index in Mainland China during this year's holiday was not as impactful compared to both 2019 and 2023.
More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth
The level of global hotel markets with year-over-year growth stayed above 70%. Japan and countries in Southeast Asia drove the growth.
STR Weekly Insights: 12-18 May 2024
Countries/markets mentioned: United States: Louisville, Charlotte; Global: China, Germany, Indonesia, Ireland, United Kingdom
Hotels across Germany are filling up for UEFA Euro 2024
Set to take place across multiple locations in Germany, the 2024 UEFA European Football Championship is expected to affect hotel performance just as much as football fans. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and ar...
STR/TE Market Forecast Assumptions – May 2024
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.
Hotel Brands
Maximize value for your company and franchisees, hotel brands header gradient-1 How hotel brand users benefit from CoStar + Benchmark <div class="flourish-embed flourish-cards" data-src="visualisation/18160456?910400"&g...