A brand new 13-storey hotel in a world-class destination offering a stunning rooftop bar, pool, restaurant and a conference and wedding venue is set to transform a popular Coastal seaside suburb.
Canada hotel performance surpassed pre-pandemic levels in September
Canada’s hotel performance was seasonally lower from the month prior but higher than the pre-pandemic comparable, according to STR‘s September 2022 data.
Baird/STR hotel stock index fell 9.1% in September
The Baird/STR Hotel Stock Index fell 9.1% in September to a level of 4,564. Year to date through the first nine months of 2022, the stock index has dropped 20.6%.
Berlin hotel performance jumped in September
Berlin’s hotel industry reported improved occupancy and all-time highs in room rates and revenue per available room (RevPAR), according to preliminary September 2022 data from STR.
U.S. hotel results for week ending 24 September
U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 24 September.
U.S. hotel results for week ending 10 September
As expected with the Labor Day calendar shift, U.S. hotel performance fell slightly from the previous week and showed weakened comparisons with 2019, according to STR‘s latest data through 10 September.
U.S. hotel profitability stalled in September
The U.S. hotel industry reported the third consecutive month with single-digit profitability.
HotStats: U.S. hotel industry resilient, GOPPAR up in September
The third quarter ended on a high note for U.S. hotels, as September profit per room climbed year-over-year, indication that the current cycle still has teeth.
STR: U.S. hotel performance for September 2019
The U.S. hotel industry reported mostly negative results in the three key performance metrics during September 2019 according to data from STR.
