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Category: Markets


Finance and Development, Markets

STR Reports Canada Hotel Performance Recovery Continued in October

November 23, 2022

Via: Hotel News Resource

Following seasonal patterns, Canada’s hotel performance fell from the September but average daily rate (ADR) and revenue per available room (RevPAR) were higher than the pre-pandemic comparables, according to STR’s October 2022 data. October 2022 (percentage change from October 2019) […]


Finance and Development, Markets

For October U.S. Hotel Industry Reported Weakened Comparisons with 2019

November 18, 2022

Via: Hotel News Resource

The U.S. hotel industry reported higher performance from the month prior but weakened comparisons with 2019, according to October 2022 data from STR. October 2022 (percentage change from October 2019): Occupancy: 67.2% (-2.4%) Average daily rate (ADR): US$155.63 (+16.8%) Revenue […]


Finance and Development, Markets

U.S. Hotel Stocks Up 5.8% in October

November 17, 2022

Via: Hotel News Resource

The Baird/STR Hotel Stock Index jumped 15.8% in October to a level of 5,286. Year to date through the first 10 months of 2022, the stock index was down 8.0%. “October was a strong rebound month for hotel stocks, and […]


Finance and Development, Markets

Irish Hotel Industry is Well-positioned Heading into 2023

November 16, 2022

Via: Hotel News Resource

A turbulent two years due to the pandemic proved to be the ultimate test of resilience and business continuity for hotels in Ireland. This year, however, has produced a strong recovery despite a difficult start and ongoing global macroeconomic uncertainty. […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 5 November 2022 – STR

November 14, 2022

Via: Hotel News Resource

With Halloween on Monday during the week of 30 October through 5 November (week 45), U.S. hotel demand and occupancy saw a sharp decrease Sunday and Monday with the declines lingering into Tuesday and to a lesser extent Wednesday. As […]


Finance and Development, Markets

For the Week Ending November 5th U.S. Hotel Performance Came in Lower Than the Previous Week and Showed Weakened Comparisons to 2019

November 10, 2022

Via: Hotel News Resource

As expected due to the Halloween calendar shift, U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019, according to STR‘s latest data through 5 November. 30 October through 5 November 2022 (percentage change […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 29 October 2022 – STR

November 7, 2022

Via: Hotel News Resource

A decrease in U.S. hotel demand and occupancy for the week of 23-29 October was expected and not as steep as previous years. The largest week-over-week declines were seen over the weekend (Friday & Saturday) with demand down 11% as […]


Finance and Development, Markets

STR Reports U.S. Hotel Profitability in September Exceeded Pre-pandemic Comparables

November 1, 2022

Via: Hotel News Resource

U.S. hotel gross operating profit per available room (GOPPAR) improved from the month prior and exceeded the pre-pandemic comparable, according to STR’s July 2022 P&L data release. Additionally, the cost of labor per available room came in higher than the […]


Finance and Development, Markets

For the Week Ending October 22nd U.S. Hotel Performance Produced Improved Comparisons with 2019

October 27, 2022

Via: Hotel News Resource

U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR‘s latest data through 22 October. 16-22 October 2022 (percentage change from comparable week in 2019*): Occupancy: 69.9% (-0.5%) Average daily rate (ADR): […]


Finance and Development, Markets

NYC Hotels Extends Lead Among the Major U.S. Hotelmarkets – STR

October 25, 2022

Via: Hotel News Resource

STR’s U.S. ‘bubble’ chart update for mid-October 2022 highlights the best and worst performing hotel markets in terms of occupancy, the average percentage of rooms being filled. Data for the four weeks ending 15 October shows that New York City […]


Finance and Development, Markets

For September U.S. Hotel Industry Reported Improved Comparisons with 2019

October 19, 2022

Via: Hotel News Resource

The U.S. hotel industry reported higher performance from the month prior and improved comparisons with 2019, according to September 2022 data from STR. September 2022 (percentage change from September 2019): Occupancy: 66.7% (-0.6%) Average daily rate (ADR): US$154.32 (+16.9%) Revenue […]


Finance and Development, Markets

U.S. Hotel Stocks Down 9.1% in September

October 17, 2022

Via: Hotel News Resource

The Baird/STR Hotel Stock Index fell 9.1% in September to a level of 4,564. Year to date through the first nine months of 2022, the stock index has dropped 20.6%. “September was a risk-off month for the broader market, and […]


Finance and Development, Markets

STR Reports Berlin Hotels Recorded Record-high Room Rates in September

October 12, 2022

Via: Hotel News Resource

Berlin’s hotel industry reported improved occupancy and all-time highs in room rates and revenue per available room (RevPAR), according to preliminary September 2022 data from STR. Occupancy: 83.4% Average daily rate (ADR): EUR158.55 Revenue per available room (RevPAR): EUR132.30 While […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 1 October 2022 – STR

October 7, 2022

Via: Hotel News Resource

U.S. hotel performance was affected by two significant demand-influencing events during 25 September to 1 October 2022 – Rosh Hashanah and Hurricane Ian. The religious observance was mostly responsible for a fall in U.S. room demand, which was down 5.1% […]


Finance and Development, Markets

Hotel Rates – Boston is the Priciest City in the United States

October 4, 2022

Via: Hotel News Resource

The survey compared hotel rates across 50 US destinations during October 2022 – the month when hotel prices in most American cities tend to be at their highest. With an average rate of $262 for the most affordable double room, […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 24 September – STR

October 3, 2022

Via: Hotel News Resource

U.S. hotel industry occupancy topped 70% for the week ending 24 September 2022—an eight-week high. Weekday (Monday-Wednesday) demand and occupancy improved with the measures increasing to the highest levels since the summer. The Top 25 Markets saw weekday occupancy reach […]


Finance and Development, Markets

Market Insight – Examining Demand and Hotel Pricing in Japan As It Fully Reopens to Mass Tourism

October 3, 2022

Via: Hotel News Resource

Japan, like much of Asia Pacific, decided on a policy of isolationism when it came to the pandemic, which has resulted in the best part of two-and-a-half years of low-to-no travel. Furthermore, the Japanese government has been one of the […]


Finance and Development, Markets

For the Week Ending September 24th U.S. Hotel Performance Increased from the Previous Week and Showed Improved Comparisons with 2019

September 29, 2022

Via: Hotel News Resource

U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 24 September. 18-24 September 2022 (percentage change from comparable week in 2019*): Occupancy: 70.0% (-1.5%) Average daily rate (ADR): US$157.99 […]


Finance and Development, Markets

STR Reports Canada Hotel Occupancy Reached Three-year High in August

September 28, 2022

Via: Hotel News Resource

Canada’s monthly hotel occupancy reached its highest absolute level for any month since August 2019, according to STR’s August 2022 data. August 2022 (percentage change from July 2019) Occupancy: 76.4% (-3.0%) Average daily rate (ADR): CAD212.38 (+14.6%) Revenue per available […]


Markets

Baird/STR Hotel Stock Index dipped 2.7% in August

September 14, 2022

Via: Hospitality Net

The Baird/STR Hotel Stock Index dipped 2.7% in August to a level of 5,021. Year to date through the first eight months of 2022, the stock index decreased 12.6%. “Hotel stocks took a breather in August after July’s sharp rebound. […]