Most global markets maintain recovery pace, Asia Pacific starting to come back
A new edition of STR’s global bubble charts shows continued recovery around much of the world, with Asia Pacific set to end pandemic measures except China’s maintaining zero covid policy.
India update: Societal change provides hoteliers with plenty of optimism and opportunity
After attending the Hotel Association of India (HAI) Hoteliers’ Conclave, our Jesper Palmqvist had a lot of thoughts on the India hospitality industry and how societal change is providing plenty of opportunity and reasons for optimism.
Market Recovery Monitor - 8 October 2022
For the week of 2-8 October 2022, U.S. hotel occupancy increased 1.9 percentage points week on week to 68.2%, which was aligned with historical trends and expectations.
NYC extends lead among the major markets, autumn destinations have been popular as well
Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large U.S. markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane.
Middle East hotel industry strength likely to be challenged by economic issues in other world regions
The Middle East is operating from a position of economic strength with 2023 approaching. That bodes well for the hospitality industry, but a looming recession in key source markets will likely create challenges given the Middle East’s historic reliance on internation...
Qatar hotel bookings rising ahead of the FIFA World Cup
During November and December 2022, Qatar will welcome football fans from across the globe as the first Arab nation to host the FIFA World Cup. With the first match kicking off on 20 November, hotel bookings in the country have ramped up since rooms were released to t...
U.S. Hospitality Radar - September 2022
The latest video from Jan Freitag covers September group demand/ADR, Q3 transaction volume pointing to investor uncertainty, and the hotel pipeline in secondary markets.
U.K. Hospitality Radar - September 2022
U.K. Hospitality Radar - September 2022
Market Recovery Monitor - 22 October 2022
During the week of 16-22 October 2022, U.S. hotel occupancy was almost flat, dipping 0.4 percentage points week over week to 69.9%.
Global hotel demand recovery reached a pandemic-era high in September
Recovery in global hotel demand reached a pandemic-era high in September. More global insights with a look at the demand and ADR indices.
U.S. Hotels - September 2022 Commentary
In September, U.S. monthly demand exceeded the pre-pandemic comparable for the second time in the pandemic-era but first time this year.
Market Recovery Monitor - 29 October 2022
A decrease in U.S. hotel demand and occupancy for the week of 23-29 October was expected and not as steep as previous years.