Tag: STR data
STR: Labor-Related Issues and Energy Costs Are Top Hotel Industry Challenges
HENDERSONVILLE, Tennessee—Labor-related issues and energy/utility costs are among the top challenges on the mind of global hotel and travel industry professionals, while leisure demand...
The Super Bowl Effect: Impact of Big Events on Room Rates in the Sun...
According to Tim Hentschel, co-founder and CEO of the travel technology company HotelPlanner, most of the hotels in Glendale, Arizona, where Super Bowl LVII...
STR: Overall U.S. Weekly Hotel Performance Falls Slightly
U.S. Hotel PerformanceJanuary 29 through February 4, 2023Percentage change from comparable week in 2019Occupancy: 55.3 percent (down 7.3 percent)ADR: $145.35 (up 13.9 percent)RevPAR: $80.45...
STR: Miami and Qatar Led Hotel Profit Recovery in 2022
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR's full-year P&L data release.
Both markets’ gross operating...
STR: Weekly U.S. Hotel Performance Improves
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data for the week of Jan. 22-28, 2023.
U.S. hotel occupancy for...