The Americas and Asia Pacific show growth in hotel pipeline activity
Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar.
U.S. hotel performance for June 2024
The U.S. hotel industry reported improved performance results from the previous month, according to June 2024 data from CoStar.
Growth in room rates continues to drive Canada hotel industry
Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.
U.S. hotel results for week ending 20 July
The U.S. hotel industry reported higher performance results than the previous week and positive comparisons year over year, according to CoStar’s latest data through 20 July.
Nick Minerd
STR: US hotel performance for April 2019
In April, the U.S. hotel industry reported occupancy rose 0.3% to 68%, ADR increased 0.9% to $131.85 and RevPAR rose 1.2% to $89.67.
Jan Freitag
Mr. Jan D. Freitag is Senior Vice President of Lodging Insights for STR and National Director, Hospitality Analytics for CoStar Group. In his role, Mr. Freitag oversees a variety of projects, all charged with the accumulation and interpretation of global lodging dat...
How does STR collect data?
On a daily, weekly and monthly basis, STR processes performance data from hotels all around the world. This data is submitted straight from the source: chain headquarters, management companies, owners and directly from independent hotels. The data is checked for accu...
What data does STR collect from hotels?
We collect rooms available, rooms sold and net room revenue on a monthly, weekly and daily basis. We also collect data broken down by source of business (transient, group and contract) and source of revenue (room, F&B and other). On an annual basis, we process pr...
What is a STAR report?
The benchmarking tool that re-defined industry standards, the STAR Report enables you to compare your property or portfolio’s performance against the competition, providing you with the data intelligence and metrics needed to make better business decisions. Our onlin...
How are hotels classified by STR?
Chain Scale Segments The Chain Scale segments are: Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, Economy and Independent. Chain Scale segments are grouped primarily according to actual average room rates. An independent hotel, regardless of average daily ...
How does STR forecast markets?
STR’s Market Forecasts are created in partnership with leading forecasting company, Tourism Economics. Our historic market data, market event information, and both general and local economic indicators, are combined to predict the behavior of the hotels in each marke...