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Chris Klauda

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Chris Klauda is senior director of STR Market Insights.
two development

New Supply vs. Conversions: A Tale of Two Development Approaches

While the pandemic and more recent macroeconomic conditions have slowed U.S. construction activity, the overall hotel pipeline in 2023 isn’t that far off from 2019. Today there are 633,000 rooms in that pipeline compared...

Chains Versus Independents: The Segments Have Experienced Similar Recovery, But Different Supply Impacts

The booming industry recovery has touched chains and independent hotels alike, but the role of supply growth in that recovery has varied across the two segments. After a 2022 that produced just a 1.8 percent...

The Year of Recovery in Review: Nearly All Markets Approached, Matched, or Exceeded Pre-Pandemic...

Considering an Omicron start to the year, the rise of inflation, and concerns around a recession ahead, it is remarkable that the U.S. hotel industry wrapped up 2022 with RevPAR almost fully recovered in...
Conference room

The Great COVID Do-Over? Looking for a Silver Lining in Dismal Group and Transient...

Since COVID-19 struck in March of this year, group and transient demand has plummeted, taking both ADR and RevPAR with it. At the low watermark in April 2020, both transient and group demand dropped...
Meeting planners — site selection

What Meeting Planners Want

Unique experiences and award-winning restaurants are the shiny new penny in the meetings-and-events industry. However, what meeting planners really want are the basics. Based on the responses in STR’s Destination Meeting Assessment Program (DestinationMAP) 2019...