STR Weekly Insights: 26 October - 2 November 2024
Travel compression, events and recovery efforts again drove U.S. RevPAR; southern states led U.S. performance, and global RevPAR growth remained in double-digits.
Online CHIA Workshops
Online CHIA Workshops, CHIA Workshops Banner 2022 The CHIA is the leading hotel-related certification for hospitality and tourism students as well as a wide range of hotel industry disciplines. This r registerchiaworkshop
Benchmarking Video
Why benchmarking? Remove the guess work. Forget about speculation. Confidential benchmarking with STR adds the necessary context for determin If you would like to learn more, please request a demo., https://go.str.com/l/934883/2024-11-13/617p7r...
STR Weekly Insights: 3-9 November 2024
U.S. election impacts hotel performance, reverse chain scale bifurcation, and double-digit global RevPAR gains, again.
Independent Hotel Show Munich 2024
This deep dive into the DACH region explores current 2024 performance, with a look at independents vs. brands, day-of-week patterns, occupancy on the books, and more.
RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish
The level of global markets with RevPAR growth jumped to 84%. Mediterranean and Japanese hotel markets highlighted the leaderboard, while growth lags in most Chinese markets.
Upcoming holiday season impact on U.S. hotel performance
Two significant changes will impact travel in the U.S. this holiday season.
STR Weekly Insights: 10-16 November 2024
Calendar shifts flattened hotel performance, group demand returned, exceeding 2019 levels; Taylor Swift arrived in Canada, and double-digit RevPAR gains (again).
STR/TE Market Forecast Assumptions – November 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 F&B driving labor cost growth in 2024
In the U.S., it costs about $9 more to staff a hotel room than in 2023. While rooms labor makes up the highest portion of labor expenses, the increase in F&B labor costs is driving most of that growth.
STR Weekly Insights: 17-23 and 24-30 November 2024
Thanksgiving shift produced net positive for the last two weeks in November, second-highest Thanksgiving week demand on record, hurricane-affected markets continued to see increases, group demand soared then plummeted because of the calendar shift, and non-stop globa...
U.S. hotel conversion activity remains muted
U.S. hotel conversion activity continues to trend below the long-term average of the 20-year period ending 2019.