About STR:

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit and

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Hotel constructions

Hotel construction down across world regions

Each of the four world regions showed a year-over-year decline in hotel construction activity, with Asia Pacific coming closest to its 2022 comparable, according to March 2023 pipeline data from STR.
US hotel

U.S. hotel pipeline shows confidence in business travel

Upper upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in...

Melbourne hotel occupancy reached 36-month high in March

Melbourne’s hotel occupancy was its highest for any month since February 2020, according to preliminary March data from STR.
Canada hotel construction pipeline

Baird/STR Hotel Stock Index down 3.4% in March

The Baird/STR Hotel Stock Index dropped 3.4% in March to a level of 5,355.