The key hotel markets in the United Arab Emirates have reached or surpassed 50% occupancy due to strong domestic demand.
U.S. hotel profitability improved in October
U.S. hotel profitability hit double figures for the first time since February.
Middle East and Africa hotel performance for October 2020
Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February.
Asia Pacific hotel performance for October 2020
Asia Pacific hotel industry reported its best performance levels since the first quarter of the year.
U.S. weekly hotel performance video
Each week, STR analysts provide a deep-dive into U.S. hotel performance. The most recent video, highlighting performance for 16-22 August.
U.S. hotel results for week ending 22 August
U.S. hotel occupancy fell to a three-week low during the period of 16-22 August, according to the latest data from STR.
Middle East and Africa hotel performance for July 2020
Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.U.S. dollar constant currency, July 2020 vs. July 2019
Central/South America hotel performance for July 2020
The Central/South America hotel industry reported slight improvement month over month, but low overall performance, according to July 2020 data from STR.
US hotel performance for June 2020
U.S. hotel occupancy fell 42.5% to 42.2% in June, ADR declined 31.5% to $92.15 and RevPAR declined 60.6% to $38.88, according to monthly data from STR.
U.S. hotel transactions down 74% due to COVID-19
Looking ahead, we expect transaction activity to eventually pick up, while pricing will continue to decline later in the year, as investors look to acquire distressed assets at a discount.
