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STR: Hurricane Irma’s initial impact on hotel markets

September 19, 2017 Hotel Trends No Comments

According to an initial analysis by STR,most major hotel markets in Florida saw dramatic performance declines during the days ahead of Hurricane Irma’s landfall, while evacuation destinations like OrlandoAtlantaBirmingham andChattanooga experienced significant performance growth.  … Continue Reading

Record-breaking H 1 for Australia hotels

September 18, 2017 Hotel Trends No Comments

Australia welcomed over 4.2 million international visitors during the first half of 2017, a 7.2% increase compared with Hl 2016, according to the Australia Bureau of Statistics. … Continue Reading

STR: Caribbean/Mexico hotel pipeline for August 2017

September 18, 2017 Hotel Trends No Comments

STR’s August 2017 Pipeline Report shows 41,116 rooms in 234 hotel projects Under Contract in the Caribbean/Mexico region. The total represents a 47.1% increase in rooms Under Contract compared with August 2016.  … Continue Reading

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

September 18, 2017 Hotel Trends No Comments

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 3-9 September 2017, according to data from STR… Continue Reading

STR: Central/South America hotel pipeline for August 2017

September 18, 2017 Hotel Trends No Comments

STR’s August 2017 Pipeline Report shows 59,294 rooms in 378 hotel projects Under Contract in the Central/South America region. The total represents a 6.9% decrease in rooms Under Contract compared with August 2016.  … Continue Reading

STR: Preliminary August data for Abu Dhabi hotels

September 16, 2017 Hotel Trends No Comments

STR’s preliminary August 2017 data for Abu Dhabi, United Arab Emirates, indicates performance declines consistent with significant supply growth.   … Continue Reading

STR: Preliminary August data for Melbourne hotels

September 16, 2017 Hotel Trends No Comments

STR’s preliminary August 2017 data for hotels in Melbourne, Australia, indicates steady performance.  … Continue Reading

STR: Preliminary August data for Jeddah hotels

September 16, 2017 Hotel Trends No Comments

STR’s preliminary August 2017 data for Jeddah, Saudi Arabia, indicates lower occupancy levels but higher rates amid significant supply growth.  … Continue Reading

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

September 16, 2017 Hotel Trends No Comments

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 27 August through 2 September 2017, according to data from STR.
… Continue Reading

Baird/STR Hotel Stock Index down in August

September 16, 2017 Hotel Trends No Comments

The Baird/STR Hotel Stock Index decreased 1.9% in August, closing the month at 4,099. Year to date through the first eight months of 2017, the index was up 10.7%.
… Continue Reading

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