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Jeddah’s hotel industry reported improved but low performance levels during July 2020, according to preliminary data from STR.

Sydney showed slightly higher hotel performance in July 2020 but the same significant level of year-over-year declines, according to preliminary data from STR.

The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room (RevPAR), according to a joint analysis of 27 global markets by STR and AirDNA.

The Baird/STR Hotel Stock Index decreased 1.7% in July to a level of 3,010. Year to date through the first seven months of 2020, the stock index was down 42.9%.

STR data for 26 July through 1 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

U.S. hotel performance data for the week ending 1 August showed slightly higher occupancy and room rates from the previous week, according to STR.

U.S. hotel performance data for the week ending 25 July showed slightly higher occupancy and room rates from the previous week, according to STR.

STR data for 19-25 July 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

While questions remain regarding the return of in-person learning in schools throughout the U.S., STR’s annual School Break Report shows only modest shifts in academic calendars for the upcoming year.

Due to the impact of the COVID-19 pandemic, the Canadian hotel industry reported all-time lows in the three key performance metrics during Q2 2020, according to data from STR.

STR‘s latest monthly P&L data release shows U.S. hotel gross operating profit per available room down 105.4% in June. That year-over-year percentage change showed continued improvement from April (-116.9%) and May (-110.1%). Additionally, some full-service properties broke even with occupancy at 50%, one month after limited-service properties showed positive profitability on average when surpassing 45% occupancy.

The Central/South America hotel industry reported slight improvement in occupancy month over month, but lower room rates, according to June 2020 data from STR.