Finance and Development, Markets
January 26, 2023
Via: Hotel News ResourceWith 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
January 25, 2023
Via: Hotel News ResourceCanada’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
January 20, 2023
Via: Hotel News ResourceU.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
January 19, 2023
Via: Hotel News ResourceThe 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
January 13, 2023
Via: Hotel News ResourceU.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
January 12, 2023
Via: Hotel News ResourceReflecting 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
January 11, 2023
Via: Hotel News ResourceLondon 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
January 6, 2023
Via: Hotel News ResourceU.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
December 28, 2022
Via: Hotel News ResourceCanada’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
December 20, 2022
Via: Hotel News ResourceThe 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
December 15, 2022
Via: Hotel News ResourceU.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
December 12, 2022
Via: Hotel News ResourceJeddah’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
November 23, 2022
Via: Hotel News ResourceFollowing 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
November 18, 2022
Via: Hotel News ResourceThe 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
November 14, 2022
Via: Hotel News ResourceWith 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
November 10, 2022
Via: Hotel News ResourceAs 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
November 7, 2022
Via: Hotel News ResourceA 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 […]
October 27, 2022
Via: Hotel News ResourceAcross 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
October 27, 2022
Via: Hotel News ResourceU.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
October 25, 2022
Via: Hotel News ResourceSTR’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 […]