U.S. hotel construction continued on a downward trajectory in June
While U.S. hotel construction has declined for seven consecutive months, rooms in construction in both New York City and Nashville represent a significant percentage of those markets’ existing supply.
STR: U.S. hotel results for week ending 23 July
U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according to STR‘s latest data through 23 July.
U.S. hotel profitability reached 32-month high in June
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR‘s June 2022 P&L data release.
São Paulo leads hotel profitability recovery in Latin America
Among key hotel markets in Latin America, São Paulo led in recovery of gross operating profit per available room (GOPPAR), according to STR’s June 2022 P&L data release.
STR: U.S. hotel results for week ending 30 July
U.S. hotel performance dipped slightly from the previous week, which was the traditional summer travel peak, according to STR‘s latest data through 30 July.
STR: U.S. hotel results for week ending 13 August
Showing continued alignment with seasonal patterns, U.S. hotel performance fell slightly from the previous week, but showed improved comparisons with 2019, according to STR‘s latest data through 13 August.
STR: Canada hotel occupancy eclipsed pre-pandemic comparable in July
Canada’s monthly hotel occupancy came in higher than the 2019 comparable for the first time in the pandemic era, according to STR’s July 2022 data.
STR: U.S. hotel results for week ending 20 August
U.S. hotel performance came in lower than the previous week but showed improved comparisons with 2019, according to STR‘s latest data through 20 August.
STR: U.S. hotel results for week ending 27 August
U.S. hotel performance came in lower than the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 27 August.
STR: Abu Dhabi hotels recorded higher occupancy in August
Abu Dhabi’s hotel industry recorded higher occupancy than the month prior, but lower room rates, according to preliminary August 2022 data from STR.
STR: U.S. hotel results for week ending 10 September
As expected with the Labor Day calendar shift, U.S. hotel performance fell slightly from the previous week and showed weakened comparisons with 2019, according to STR‘s latest data through 10 September.
STR: U.S. hotel results for week ending 17 September
U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 17 September.