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Category: Markets


Finance and Development, Markets

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

October 14, 2021

Via: Hospitality Net

Lifted by the long Columbus Day weekend, U.S. hotel performance rose to a level similar to late-summer, according to STR‘s latest data through 9 October. 3-9 October 2021 (percentage change from comparable week in 2019*): Occupancy: 63.9% (-9.6%) Average daily […]


Finance and Development, Markets

HVS Asia Pacific Hospitality Newsletter – Week Ending 8 October 2021

October 13, 2021

Via: Hotel News Resource

Newly Built Bicol International Airport Fully Opened in Philippines After 12 years of construction at a cost of approximately PHP4 billion, Bicol International Airport (“BIA”) in Daraga, Albay, has opened doors to serve domestic daytime and night flights starting from […]


Finance and Development, Markets

WTTC Reports UK Travel & Tourism Sector May Only Recover by a Third This Year

October 13, 2021

Via: Hotel News Resource

The World Travel & Tourism Council (WTTC) says the UK’s Travel & Tourism sector’s year on year recovery may only claw back a third, whilst international travel spending continues to plummet. Latest research from WTTC, which represents the global Travel […]


Finance and Development, Markets

Baird/STR Hotel Stock Index rose 5.2% in September

October 12, 2021

Via: Hospitality Net

The Baird/STR Hotel Stock Index rose 5.2% in September to a level of 5,167. Year to date through the first nine months of 2021, the stock index was up 13.0%. “Hotel stocks rebounded strongly in September and finally broke their […]


Finance and Development, Markets

2022 Hospitality Industry Forecast

October 8, 2021

Via: Hospitality Net

2022 – A Magical Year or More Misery? That’s easy – our hospitality forecast says the bumpy ride is coming to an end. We should assume 6 more months; October through March might remain uneven or bumpy. Why? Because business […]


Finance and Development, Markets

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

October 7, 2021

Via: Hospitality Net

U.S. hotel performance dipped from the previous week, according to STR‘s latest data through 2 October. 26 September through 2 October 2021 (percentage change from comparable week in 2019*): Occupancy: 61.7% (-9.2%) Average daily rate (ADR): US$130.87 (+1.2%) Revenue per […]


Finance and Development, Markets

U.S. Hotel Profitability Dipped in August

October 1, 2021

Via: Hospitality Net

With the end of the summer travel surge, estimated gross operating profit for U.S. hotels came in lower than the previous month, according to STR‘s August 2021 monthly P&L data release. August GOP was lower on a per-available-room basis as […]


Finance and Development, Markets

Hotel Transactions Pace Stagnates Across Middle East Markets

September 27, 2021

Via: Hospitality Net

During the pandemic, hardly any foreign direct investment has entered the Middle East, and the usual truism remains: When foreign private equity does appear, it is because the market has bottomed out or distress has entered the landscape. Heightened competition […]


Finance and Development, Markets

STR: U.S. hotel performance for August 2021

September 20, 2021

Via: Hospitality Net

s the summer leisure travel surge subsided, the U.S. hotel industry reported performance declines from the month prior, according to August 2021 data from STR. August 2021 (percentage change from August 2019): Occupancy: 63.2% (-11.3%) Average daily rate (ADR): US$137.57 […]


Finance and Development, Markets

Global Movement Is Returning: International Hotel Reservations Near 50% Of All Trips

August 24, 2021

Via: Hospitality Net

For three consecutive months now, hotel bookings globally have remained above 60% of 2019 levels – and, unlike this same time last year, we are no longer looking at a world dominated entirely by domestic travel. Rather, as collective confidence […]