Tag: occupancy

October 19, 2022

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 […]

October 12, 2022

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 […]

October 3, 2022

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 […]

May 31, 2022

The signs of summer are here for the U.S. hotel industry, and some of the nation’s top urban markets are showing consistent evidence of recovery. Increased group and business travel, graduations, and elevated leisure trips drove solid hotel performance during […]

August 24, 2021

Canada’s hotel industry reported its highest monthly performance levels since the pandemic began, according to STR’s July 2021 data. Even with improvement from previous months, the country’s performance levels remained well below pre-pandemic comparisons from July 2019: Occupancy: 54.5% (-27.6%) […]

August 12, 2021

Reflecting seasonality and greater concern around the Delta variant, U.S. hotel occupancy and average daily rate (ADR) dipped from the previous weeks, according to STR‘s latest data through 7 August. 1-7 August 2021 (percentage change from comparable week in 2019*): […]

July 21, 2021

The U.S. hotel industry recorded its highest monthly occupancy and revenue per available room (RevPAR) since October 2019, according to June 2021 data from STR. June 2021: Occupancy: 66.1% Average daily rate (ADR): US$129.00 Revenue per available room (RevPAR): US$85.31 […]

December 10, 2020

LONDON – The key hotel markets in the United Arab Emirates have reached or surpassed 50% occupancy due to strong domestic and recent international demand, according to preliminary data and analysis from STR. For the week of 30 November through […]

December 8, 2020

REPORT FROM THE U.S. – Despite TSA-reported air traffic numbers that reached pandemic records, hotel worker unemployment took a big hit after the Thanksgiving holiday, labor management data form Hotel Effectiveness shows. Hotel employment at a sample of more than […]

September 21, 2020

The summer of COVID-19 for hotels has meant a dominance of local leisure guests and road trips as we await the return of group travel to boost our occupancies and our margins. With the approaching next normal of autumn, winter, […]

September 14, 2020

“Safety precautions and staff wearing PPE made me feel like everyone there had leprosy.” “They didn’t have valet parking, supposedly because of COVID. I don’t recommend you stay there.” “Hotel went overboard on COVID preparedness. Pool is closed for no […]

July 27, 2020

STR’s latest monthly P&L data release shows U.S. hotel gross operating profit per available room down 105.4% in June. That year-over-year percentage change showed continued improvement from April (-116.9%) and May (-110.1%). Additionally, some full-service properties broke even with occupancy […]

July 16, 2020

U.S. hotel performance data for the week ending 11 July showed mostly flat occupancy and lower room rates from the previous week, according to STR. 5-11 July 2020 (percentage change from comparable week in 2019): Occupancy: 45.9% (-38.0%) Average daily […]

July 9, 2020

After 10 consecutive weeks of occupancy gains, the hotel industry was in a better position than we expected six weeks prior. For the week ending on June 27, U.S. hotels reached more than 46% occupancy, more than double the low […]

June 4, 2020

STR 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 […]

March 26, 2020

Despite plummeting occupancy and revenue, many hoteliers have stepped up during the COVID-19 pandemic to help others. This Tuesday, for example, the American Hotel & Lodging Association announced the launch of Hotels for Hope, an initiative aimed at connecting hotel […]

March 5, 2020

The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 23-29 February 2020, according to data from STR. In comparison with the week of 24 February through 2 March 2019, the industry […]

February 24, 2020

Europe’s hotel industry reported positive results in the three key performance metrics during January 2020, according to data from STR. Budapest reported its strongest ever January in terms of revpar, while Paris saw its highest occupancy. Europe’s hotels reported a […]

December 23, 2019

Hotels in the Central/South America region reported positive performance results during November 2019, according to data from STR. U.S. dollar constant currency, November 2019 vs. November 2018 Central/South America Occupancy: +4.1% to 60.5% Average daily rate (ADR): +7.5% to US$90.54 […]