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Europe and Asia Pacific show increased hotel pipeline activity

Two of the four world regions, Europe and Asia Pacific, showed an increase in hotel pipeline activity at the end of the third quarter, according to September 2021 data from STR.

U.S. hotel construction down 48,000 rooms from peak

The number of U.S. hotel rooms in construction is down roughly 48,000 from the country’s all-time high in April 2020 (220,207 rooms), according to September 2021 pipeline data from STR.

STR: U.S. hotel results for week ending 9 October

Lifted by the long Columbus Day weekend, U.S. hotel performance rose to a level similar to late-summer, according to STR‘s latest data through 9 October.

Baird/STR Hotel Stock Index rose 5.2% in September

The Baird/STR Hotel Stock Index rose 5.2% in September to a level of 5,167. Year to date through the first nine months of 2021, the stock index was up 13.0%.

STR: Preliminary September data for Berlin hotels

Berlin’s hotel industry reported its second-best occupancy and highest room rates of the pandemic-era, according to preliminary September 2021 data from STR.

STR: Preliminary September data for Riyadh hotels

Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.

STR: U.S. hotel results for week ending 2 October

U.S. hotel performance dipped from the previous week, according to STR‘s latest data through 2 October.

Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels

The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels, according to STR‘s August 2021 monthly P&L data release.

STR: U.S. hotel results for week ending 25 September

U.S. hotel occupancy remained relatively flat week over week, while average daily rate rose, according to STR‘s latest data through 25 September.

U.S. hotel profitability dipped in August

With the end of the summer travel surge, estimated gross operating profit for U.S. hotels came in lower than the previous month, according to STR‘s August 2021 monthly P&L data release.

STR: Glasgow hotel occupancy nearing 90% for upcoming UN Climate Change Conference

Glasgow’s hotel occupancy on the books is nearing 90% for the UN Climate Change Conference in early November, according to data from Forward STAR, STR’s forward-looking benchmarking solution.

STR: U.S. hotel results for week ending 18 September

U.S. hotel occupancy reached a 4-week high, according to STR‘s latest data through 18 September.