74% of global markets increased RevPAR to start 2024
Almost three quarters of hotel markets increased RevPAR year over year, with notable strength in Asia as the continent experienced its first January without travel restrictions in five years. Hokkaido, Kyoto, and Tokyo were among the leading markets in RevPAR growth....
STR/TE Market Forecast Assumptions – February 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.
STR Weekly Insights: 18-24 February 2024
Countries (markets) mentioned: United States (Cleveland, Las Vegas, Minneapolis, Washington, D.C.); Australia (Melbourne, Sydney), China, Germany.
U.S. hotel commentary - January 2024
RevPAR showed modest YoY growth in January, reflecting a return to pre-COVID patterns of low single-digit gains.
STR Weekly Insights: 25 February – 2 March 2024
Countries (markets) mentioned: United States (Baltimore, Dallas, Houston, Las Vegas, Miami, Nashville, Oahu, Orlando, San Francisco, San Jose/Santa Cruz, Seattle), Indonesia (Bali, Jakarta), Spain (Barcelona), and Singapore.
Regional update: 2023 data and the year ahead
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024.
Early Easter pushes spring break peak forward a week in 2024
Spring break season is officially here, and tracking school calendar data becomes critical during this time in order to predict travel demand across the U.S.
Independent Hotel Show Amsterdam 2024
Our ongoing partnership with the Independent Hotel Show each year is key in boosting the industry’s collective benchmarking efforts, and we are excited to share a report which provides a sampling of STR’s unrivalled data solutions.
Year of the Dragon: How Lunar New Year hotel performance mirrored the Chinese zodiac sign
In Chinese culture, the dragon represents strength and good luck, which is fitting as Lunar New Year brought performance growth to China hotels once more during the important holiday period.
STR Weekly Insights: 3 - 9 March 2024
Countries (markets) mentioned: United States (Baltimore, Daytona Beach, Denver, Fort Lauderdale, Fort Myers, Las Vegas, Miami, Minneapolis, Oahu, Orlando, Phoenix, San Antonio, Sacramento, St. Louis, Tampa and Tucson); Germany (Cologne and Frankfurt), Indonesia, and ...
Vienna Visitor Economy Series 2024
Vienna Visitor Economy Series 2024, Tanja Vienna Visitor Economy Series - Header 2024 STR Vienna Visitor Economy Series 2024, vienna-visitor-header.png, Vienna Visitor Economy Series Presentation
How Taylor Swift’s Eras Tour allowed Asia Pacific hotels to achieve their “wildest dreams”
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, “ready for it”. The seventeen-night leg gave a much-needed performance boost to Tokyo, Sydney, Melbourne, and Singapor...