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STR: Asia Pacific hotel construction up 14.1% in January

STR’s hotel pipeline data for the Asia Pacific region showed 2,021 projects accounting for 441,819 rooms in construction as of the end of January 2020. This represented a 14.1% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Canada hotel results for week ending 8 February

The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 2-8 February 2020, according to data from STR.

STR: U.S. hotel results for week ending 8 February

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 2-8 February 2020, according to data from STR.

STR: U.S. hotel construction up 6.8% in January

STR’s hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Middle East and Africa hotel construction down in January

STR’s January 2020 hotel pipeline data showed 419 projects accounting for 117,328 rooms in construction in the Middle East and 146 projects and 26,940 rooms in construction in Africa.

STR: Europe hotel construction up 29.4% in January

STR’s hotel pipeline data for Europe showed 1,654 projects accounting for 210,075 rooms in construction as of the end of January 2020. This represented a 29.4% year-over-year increase in the number of rooms in the final phase of the development pipeline.

STR: Preliminary January data for London hotels

STR’s preliminary January 2020 data for hotels in London indicates lower occupancy but higher rates.

STR: Preliminary January data for Jeddah hotels

STR’s preliminary January 2020 data for hotels in Jeddah indicates significant growth in demand and occupancy.

STR: Preliminary January data for Sydney hotels

STR’s preliminary January 2020 data for hotels in Sydney, Australia, indicates lower performance.

Baird/STR Hotel Stock Index dropped 7.7% in January

The Baird/STR Hotel Stock Index dropped 7.7% in January to 4,863.

STR: Berlin hotels post record-breaking year

Berlin’s hotel industry reached its highest levels in occupancy and revenue per available room (RevPAR) despite the uncertainty around an economic recession, according to 2019 data from STR.

STR: Canada hotel results for week ending 1 February

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 26 January through 1 February 2020, according to data from STR.