Home Tags STR

Tag: STR

Out of the Top 25 Markets, Boston saw the steepest decline in RevPAR in October 2019 compared to the previous year, mostly because of the largest drop in occupancy.

U.S. Hotel Occupancy, RevPAR, and ADR Decline in October 2019

HENDERSONVILLE, Tenn. — The U.S. hotel industry reported negative results in three key performance metrics during October 2019, according to data from STR. In...
Decrease - GOPPAR - 2019

STR Downgrades RevPAR Growth Projections

NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...
hotel Construction Pipeline - October 2019

STR: Upscale Brands Lead U.S. Hotel Construction in October

U.S. Markets With the Most Rooms Under Construction October 2019 1. New York 13,801 rooms (10.9 percent of existing supply) 2. Las Vegas 9,259 rooms (5.6 percent of existing...
Best Workplaces for Millennials

RevPAR Growth Continues to Flourish for Independent Hotels

For the past five years, independent properties have outpaced branded properties in RevPAR growth. For the most recent trailing 12-month period ending July 2019,...
STR

CoStar Group Completes STR Acquisition

WASHINGTON — CoStar Group, Inc., a provider of commercial real estate information, analytics, and online marketplaces, has completed its acquisition of STR, a provider...