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Stock photo of Laguardia Airport in New York - airport

Tourism Economics Analyzes Potential Impacts of COVID-19 on Travel

As growing coronavirus concerns disrupt travel, major events, supply chains, and business operations, Tourism Economics, an Oxford Economics company, has released a report analyzing...
Shanghai/China-Jan.2020: New type coronavirus pneumonia in Wuhan has been spreading into many cities in China. People wearing surgical mask walking out from subway in Shanghai

STR Releases Preliminary Data on Coronavirus’ Impact on Hotels

SINGAPORE—Preliminary data and analysis from STR shows a 75 percent decline in hotel occupancy in Mainland China from January 14-26, 2020. Performance during the...
Slowdown - Global Travel Pricing

STR: RevPAR Forecast to Flatten in 2020

LOS ANGELES — For the first time since 2009, the U.S. hotel industry is projected for a non-growth year in revenue per available room...
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...
Mark Woodworth, senior managing director, CBRE Hotels’ America Research, moderated the “Statistically Speaking” session, which featured top industry research and consultation specialists. The co-presenters explored the latest data trends in the hospitality industry and forecasts for the year ahead. (Pictured left to right: Amanda Hite, president and CEO, STR; Mark Woodworth; and Stephen Rushmore, Jr., president and CEO, HVS. (Photo credit: Jessica Alva)

STR and Tourism Economics Downgrade U.S. Hotel Forecast

NEW YORK—The U.S. hotel industry is projected to see overall performance growth of 2 percent for 2019 and 1.9 percent for 2020, according to...