Canada’s hotel industry reported higher performance from the month prior, along with better-indexed comparisons with 2019
Sydney hotel occupancy stable in February amid COVID concerns
Sydney’s hotel industry reported a marginal occupancy increase from the prior month, but lower rates.
LA hotels underperform Super Bowl expectations
Los Angeles hoteliers enjoyed a strong lift but underperformed due to the Omicron impact.
Canada hotel performance fell amid COVID concerns
Canada’s hotel industry reported lower monthly performance levels amid the latest pandemic concerns.
China hotel rates higher than 2019 level during Lunar New Year
Mainland China’s hotel industry surpassed its 2019 comparable in Lunar New Year ADR even with substantially lower occupancy.
Melbourne hotel rates reached pandemic-era highs in January
Helped by the Australian Open, Melbourne’s hotel industry reported its highest room rates of the pandemic era.
U.S. hotel results for week ending 5 February
U.S. weekly hotel occupancy eclipsed 50% for the first time in more than a month, but the index to 2019 dipped from the week prior.
STR, TE slightly upgrade latest U.S. hotel forecast
Underpinned by continued strengthening in ADR, STR and Tourism Economics have slightly upgraded the U.S. hotel forecast.
Sydney hotel rates reached pandemic-era highs in December
Reflecting the beginning of summer and the impact of the holiday season, Sydney’s hotel industry reported its highest room rates of the pandemic era.
U.S. hotel results for week ending 1 January
U.S. hotel ADR reached an all-time weekly high.
