Reflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 June. 29 May through 4 June 2022 (percentage change from comparable week in...
Read MoreReflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 June. 29 May through 4 June 2022 (percentage change from comparable week in...
Read MoreSTR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric is now expected to surpass 2019 levels in 2022, according to the latest forecast...
Read MoreAmong key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR‘s April 2022 P&L data release. After coming in at...
Read MoreAmong key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR‘s April 2022 P&L data release. After coming in at...
Read MoreU.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR‘s April 2022 P&L data release. The GOPPAR, TrevPAR and EBITDA PAR levels...
Read MoreU.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR‘s April 2022 P&L data release. The GOPPAR, TrevPAR and EBITDA PAR levels...
Read MoreU.S. hotel performance dipped slightly from the previous week, according to STR‘s latest data through 28 May. 22-28 May 2022 (percentage change from comparable week in 2019*): Occupancy: 66.5% (+3.2%) Average daily rate (ADR):...
Read MoreU.S. hotel performance dipped slightly from the previous week, according to STR‘s latest data through 28 May. 22-28 May 2022 (percentage change from comparable week in 2019*): Occupancy: 66.5% (+3.2%) Average daily rate (ADR):...
Read MoreWhat are the latest trends in the hospitality industry? It goes without saying that the pandemic and ensuing economic downturn greater than the 2008 recession and chaos caused by fluctuation in demand have had a significant...
Read MoreWhat are the latest trends in the hospitality industry? It goes without saying that the pandemic and ensuing economic downturn greater than the 2008 recession and chaos caused by fluctuation in demand have had a significant...
Read MoreU.S. hotel performance came in higher than any other Thanksgiving week on record, according to STR‘s latest data through 27 November. 21-27 November 2021 (percentage change from the comparable week in 2019*): Occupancy: 53.0%...
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