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U.S. hotel results for week ending 27 February

March 8, 2021 Hotel Trends No Comments

U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR‘s latest data through 27 February. 
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U.S. hotel profitability improved slightly in January

March 6, 2021 Hotel Trends No Comments

U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the low single digits, according to STR‘s January 2021 monthly P&L data release. … Continue Reading

UAE hotels preparing for a V-shaped recovery, after vaccine rollout and herd immunity take effect

March 4, 2021 Hotel Trends No Comments

Recent hospitality industry reports and analysis published by STR and Colliers International, have revealed that hotels in the UAE have put up a sterling performance, given the challenges of operating during the pandemic last year. … Continue Reading

China hotels show slight Lunar New Year lift

March 3, 2021 Hotel Trends No Comments

Mainland China’s hotel industry performance showed improvement from last year’s pandemic-affected Lunar New Year period, but still fell well short in comparison with 2019 levels, according to preliminary data from STR. … Continue Reading

Winter storm pushes Texas hotel occupancy to 50-week high

March 2, 2021 Hotel Trends No Comments

Texans displaced by freezing temperatures and outages pushed the state’s occupancy to a 50-week high, according to an analysis by STR. 
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U.S. hotel results for week ending 20 February

March 1, 2021 Hotel Trends No Comments

U.S. weekly hotel occupancy reached its highest level since late October, according to STR‘s latest data through 20 February. 
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Hawaii Vacation Rental Performance Report January 2021

February 26, 2021 Hotel Trends No Comments
In January 2021, the total monthly supply of statewide vacation rentals was 433,000 unit nights (-44.3%) and monthly demand was 167,500 unit nights (-73.9%), resulting in an average monthly unit occupancy of 38.7 percent (-53.1 percentage points) (Figure 1).

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U.K. hotel markets showing 2021 events boost

February 25, 2021 Hotel Trends No Comments

Glasgow’s hotel occupancy on the books is pushing 90% for the UN Climate Change Conference, and London is showing increases around two key sporting events, according to data from Forward STAR, STR’s forward-looking benchmarking solution. … Continue Reading

Hawaii Hotel Performance Report January 2021

February 24, 2021 Hotel Trends No Comments
Hawaii hotels statewide reported continued declines in revenue per available room (RevPAR), average daily rate (ADR), and occupancy compared to January 2020 as tourism continued to be impacted significantly by the COVID-19 pandemic.

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Tampa hotels posted moderate rate gains on Super Bowl Weekend

February 23, 2021 Hotel Trends No Comments

With limited attendance and game festivities, Tampa’s hotel performance gains came in far lower than that of previous Super Bowl host markets, according to STR. … Continue Reading

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