Category: Markets

January 14, 2022

The pandemic, Brexit and ongoing supply issues have prompted key changes in the UK’s hotel sector, many of which are long-term, if not permanent. “The past 18 months has been an unprecedented time for hotels. In order to survive, businesses […]

January 11, 2022

Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR. Occupancy: 53.4% Average daily rate (ADR): GBP153.63 Revenue per available room (RevPAR): GBP82.08 The occupancy level was the […]

January 10, 2022

Excerpt from STR I’ll be home for Christmas rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR. The previous Christmas peak was reached in 2015 (47.0%). The remainder of […]

January 7, 2022

U.S. hotel average daily rate (ADR) reached an all-time weekly high, according to STR‘s latest data through 1 January. 26 December 2021 through 1 January 2022 (percentage change from pre-pandemic comparable*): Occupancy: 54.3% (+10.7%) Average daily rate (ADR): US$157.91 (+15.1%) […]

January 4, 2022

The pandemic’s onset and subsequent series of lockdowns adversely impacted the entire world, and the hospitality industry was at the forefront. However, the sector has also been quick to bounce back from the initial disruptions and dip in business. With […]

January 3, 2022

Though the materialization of new coronavirus strains vex, it turns out, the more thrown our way, the better we now appear to cope. Just as the world was rounding the corner on the Delta variant, along came Omicron—a rowdy interloper […]

December 21, 2021

A few short weeks after millions of travelers headed out for Thanksgiving, the omicron variant continues to emerge as many more travelers and hoteliers plan for Christmas and New Year’s. The upcoming travel boom is worrying public health officials and […]

December 13, 2021

Abu Dhabi’s hotel industry reported its highest monthly occupancy level since the beginning of the pandemic, according to preliminary November 2021 data from STR. Occupancy: 77.1% Average daily rate (ADR): AED496.50 Revenue per available room (RevPAR): AED382.65 The market’s occupancy […]

December 8, 2021

Supply chain disruptions are impacting the operations of more than eight in ten surveyed hotels, and nearly three in four hotel operators say the disruptions are negatively impacting their business revenue, according to a new survey of American Hotel & […]

December 6, 2021

Craig Bonnar, Chief Executive commented: “Following the lifting of all Covid-19 restrictions Travelodge has delivered a record trading performance in quarter 3. We saw a significant increase in demand post 19 July, with very strong levels of domestic leisure demand […]