Finance and Development, Markets
April 22, 2022
Via: Hotel News ResourceAmid continued recovery from the Omicron wave, India’s hotel industry eclipsed pre-pandemic comparables in occupancy and average daily rate (ADR) for three consecutive days during the second week of April, according to preliminary data from STR. The three days (16-18) […]
Finance and Development, Markets
January 7, 2022
Via: Hospitality NetU.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%) […]
Finance and Development, Markets
October 26, 2021
Via: Hospitality NetBrazil’s hotel industry has surpassed its 2019 comparables in average daily rate (ADR) for two of the last three months, according to September 2021 data from STR. The country’s ADR reached BRL327.21 in September, which was 6.4% higher than the […]
Finance and Development, Markets
January 21, 2021
Via: Hotel News ResourceU.S. weekly hotel occupancy climbed back to the 40% mark, according to STR‘s latest data through 16 January. 10-16 January 2021 (percentage change from comparable week in 2020): Occupancy: 40.1% (-31.8%) Average daily rate (ADR): US$89.39 (-31.9%) Revenue per available […]
September 29, 2020
Via: Hospitality NetCHICAGO and BROOMFIELD, Colorado – Hotels always recover from economic downturns, right? Wrong. While it is true the U.S. hotel industry in aggregate has always rebounded from past recessions, this trend masks the fact that each cycle has winners and […]
June 4, 2020
Via: Hotel ManagementSTR released U.S. hotel performance results for the week ending May 30, and the data showed another small rise from previous weeks. Year-over-year declines remained significant although not as severe as the levels recorded previously. May 24-30, 2020, (percentage change […]
December 4, 2019
Via: Hotel News ResourceHotel average daily rate (ADR) in the Miami/Hialeah market is projected to reach a record level for a Super Bowl weekend, according to a custom forecast from STR’s Consulting & Analytics office. The market is projected for an ADR between […]