Tag: STR
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...
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...
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,...
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...
Occupancy Declines For Third Time This Year in September
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported mostly negative results in three key performance metrics for September 2019, according to data from STR....