Tag: STR
STR: September Labor Spending Lowers GOP for U.S. Hotels
HENDERSONVILLE, Tennessee—Increased spending on labor created lower gross operating profit for U.S. hotels, according to STR's September 2021 monthly P&L data release.
Estimated labor costs...
STR: U.S. Hotel Performance Dropped Week Over Week
HENDERSONVILLE, Tennessee—As anticipated ahead of Halloween, U.S. hotel performance fell week over week, according to STR‘s latest data through October 30, 2021.
U.S. Hotel Performance
October...
STR: U.S. Hotel Industry Lowered Performance from August to September 2021
HENDERSONVILLE, Tennessee—According to data from STR, the U.S. hotel industry overall during September 2021 reported lower performance from August 2021.
September 2021 Performance
Percentage change from...
STR: U.S. Hotel Occupancy Rises While Room Rates Dip
HENDERSONVILLE, Tennessee—U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR's latest data through...
U.S. Hotel Construction Down 48,000 Rooms From Peak
HENDERSONVILLE, Tennessee — The number of U.S. hotel rooms in the construction pipeline is down roughly 48,000 from the country’s all-time high in April...