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Tag: occupancy


Finance and Development, Markets

U.S. Hotel Performance for the Week of January 21st Came in Slightly Lower Than the Previous Week

January 26, 2023

Via: Hotel News Resource

With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR‘s latest data through 21 January. 15-21 January 2023 (percentage change from comparable week in 2019*): Occupancy: 54.2% (-6.2%) Average […]


Finance and Development, Markets

STR Reports Canada Hotels Achieved Record-high ADR and RevPAR in 2022

January 25, 2023

Via: Hotel News Resource

Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR’s 2022 data. 2022 (percentage change from 2019) Occupancy: 61.1% (-6.0%) Average daily rate (ADR): CAD181.73 (+10.0%) Revenue […]


Finance and Development, Markets

U.S. Hotel Performance for the Week of January 14th Showed Mixed Comparisons to 2019

January 20, 2023

Via: Hotel News Resource

U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR‘s latest data through 14 January. 8-14 January 2023 (percentage change from comparable week in 2019*): Occupancy: 54.8% (-5.5%) Average daily rate (ADR): US$144.81 […]


Finance and Development, Markets

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

January 19, 2023

Via: Hotel News Resource

The U.S. hotel industry reported lower performance from the month prior but improved comparisons with 2019, according to December 2022 data from STR. December 2022 (percentage change from December 2019): Occupancy: 53.6% (-0.8%) Average daily rate (ADR): US$146.72 (+15.8%) Revenue […]


Finance and Development, Markets

Weekly Hotel Performance Trends from STR: 1-7 January 2023

January 13, 2023

Via: Hotel News Resource

U.S. performance U.S. hotel occupancy started the year at 47.2%, up 1.8 percentage points (ppts) from last year but down considerably from 2019 due to a holiday calendar shift. The comparable week of 2019 (6-12 January) was a complete non-holiday […]


Finance and Development, Markets

U.S. Hotel Performance for the Week of January 7th Showed Weakend Comparisons to 2019

January 12, 2023

Via: Hotel News Resource

Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR‘s latest data through 7 January. 1-7 January 2023 (percentage change from comparable week in 2019*): […]


Finance and Development, Markets

For December London Hotel Performance Continues Pre-pandemic Growth

January 11, 2023

Via: Hotel News Resource

London hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the 2019 comparable for an eighth consecutive month, according to preliminary December 2022 data from STR. Occupancy: 76.8% Average daily rate (ADR): GBP206.87 Revenue […]


Finance and Development, Markets

U.S. Hotel Performance for the Week of December 31st Showed Improved Comparisons to 2019

January 6, 2023

Via: Hotel News Resource

U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR‘s latest data through 31 December. 25-31 December 2022 (percentage change from comparable […]


Finance and Development, Markets

STR Reports Canadian Hotels Showed Improved Comparisons to 2019 for November

December 28, 2022

Via: Hotel News Resource

Canada’s hotel performance came in lower than the month prior but showed improved comparisons to 2019, according to STR’s November 2022 data. November 2022 (percentage change from November 2019) Occupancy: 61.0% (+1.6%) Average daily rate (ADR): CAD169.69 (+14.8%) Revenue per […]


Finance and Development, Markets

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

December 20, 2022

Via: Hotel News Resource

The U.S. hotel industry reported lower performance from the month prior and weakened comparisons with 2019, according to November 2022 data from STR. November 2022 (percentage change from November 2019): Occupancy: 59.4% (-3.2%) Average daily rate (ADR): US$144.46 (+15.2%) Revenue […]


Finance and Development, Markets

For the Week Ending December 10th U.S. Hotel Performance Came in Higher Than the Previous Week and Showed Improved Comparisons to 2019

December 15, 2022

Via: Hotel News Resource

U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 10 December. 4-10 December 2022 (percentage change from comparable week in 2019*): Occupancy: 59.6% (-1.2%) Average daily rate […]


Finance and Development, Markets

For November Jeddah Hotel Performance Came in Lower Than the Month Prior but Surpassed Pre-pandemic Comparables

December 12, 2022

Via: Hotel News Resource

Jeddah’s hotel performance came in lower than the month prior but surpassed pre-pandemic comparables, according to preliminary November 2022 data from STR. Occupancy: 54.5% Average daily rate (ADR): SAR586.71 Revenue per available room (RevPAR): SAR319.50 The market’s occupancy level was […]


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. 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 […]


News

Unsurprisingly Qatar Hotel Bookings Rising Ahead of the FIFA World Cup STR Reports

October 27, 2022

Via: Hotel News Resource

Across the months of November and December 2022, Qatar will welcome football fans from across the globe as the first Arab nation to host the FIFA World Cup. With the first match kicking off on 20 November, hotel bookings in […]


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 […]