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STR: Europe hotel construction up 29.4% in January

February 14, 2020 Hotel Trends No Comments

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. … Continue Reading

STR: Preliminary January data for Sydney hotels

February 13, 2020 Hotel Trends No Comments

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

STR: Preliminary January data for Jeddah hotels

February 13, 2020 Hotel Trends No Comments

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

European hostel markets report mixed 2019 results

February 12, 2020 Hotel Trends No Comments

Performance results were mixed but mostly steady across the hostel markets in Amsterdam, Berlin, Edinburgh and London, according to 2019 data from STR. … Continue Reading

Baird/STR Hotel Stock Index dropped 7.7% in January

February 12, 2020 Hotel Trends No Comments

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

STR: Berlin hotels post record-breaking year

February 10, 2020 Hotel Trends No Comments

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. … Continue Reading

STR: U.S. hotel results for week ending 1 February

February 10, 2020 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 26 January through 1 February 2020, according to data from STR. … Continue Reading

Coronavirus: Preliminary hotel performance impact

February 6, 2020 Hotel Trends No Comments

Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV). … Continue Reading

STR: U.S. hotel results for week ending 25 January

February 3, 2020 Hotel Trends No Comments

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 19-25 January 2020, according to data from STR. … Continue Reading

U.S. hotel RevPAR forecasted to flatten in 2020

January 30, 2020 Hotel Trends No Comments

For the first time since 2009, the U.S. hotel industry is projected for a non-growth year in revenue per available room (RevPAR), according to STR and Tourism Economics’ first forecast of 2020 just released at The Americas Lodging Investment Summit (ALIS). … Continue Reading

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