STR: Beach destinations leading hotel performance in Latin America
Latin America’s popular leisure markets, especially beach destinations, have continued to post hotel occupancy levels above 40%, according to data from STR through 25 July.
Berlin hotel performance reaches 8-month high in June
Berlin’s hotel industry recorded its highest performance since September 2022, according to preliminary June 2023 data from STR.
Berlin hotel room rates jumped during an eventful July
Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar.
Berlin hotel occupancy pulled closer to pre-pandemic comparable in July
Berlin’s hotel occupancy came in just below the pre-pandemic comparable from July 2019, according to preliminary July 2022 data from STR.
Profitability in Asia Pacific hotel markets well below pre-pandemic levels
The hotel industries in seven key Asia Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40% of the 2019 comparable, according to STR‘s September 2021 monthly P&L data release.
Canada hotel occupancy dipped because of less leisure demand in January
Canada’s hotel industry showed lower occupancy but continued growth in average daily rate (ADR), according to CoStar’s January 2024 data.
STR: Sydney recorded best hotel performance of the pandemic-era in September
Sydney’s monthly hotel performance reached a pandemic-era high, according to preliminary September 2022 data from STR.
STR: Berlin hotel occupancy declined in November amid latest COVID concerns
Amid rising COVID cases and subsequent restrictions, Berlin’s hotel industry reported lower occupancy but higher room rates, according to preliminary November 2021 data from STR.
How to benchmark 2021 performance against 2019 - A guide for corporate clients
How to benchmark 2021 performance against 2019 - A guide for individual hotels
2020-21 Australian accommodation monitor shows performance divide between capitals and regional areas
Australian accommodation declines for the 2020-21 financial year were worse for capital markets than regional areas, according to STR’s collection of national accommodation statistics through the Australian Accommodation Monitor.
STR: At least 155 New Orleans hotels currently closed because of Hurricane Ida
In the aftermath of Hurricane Ida, at least 155 New Orleans hotels are temporarily closed due to power outages, staffing issues and third-party services such as linen providers being offline, according to the latest data and analysis from STR.