STR: Record-breaking Q1 for London hotels

05/05/2017

During the first three months of 2017, the hotel industry in London, England, posted its highest revenue per available room (RevPAR) for any first quarter on record, according to data from STR. The market's absolute RevPAR level of GBP101.50 was an 11.3 per cent increase compared with Q1 2016.

STR: Europe hotels see strong performance increases in Q1 2017

25/04/2017

Guest Contributor

Concluding with strong growth in March, the European hotel industry reported increases in each of the three key performance metrics during the first quarter of 2017, according to the latest data from STR. Compared toÊthe first quarter 2016, occupancy in Europe increased by 4.1 per cent to 63.5 per cent.

Revenue management: Using data integration

09/01/2017

Cindy Heo

As the practice of revenue management continues to evolve, industry professionals should increasingly look to use their RM systems and processes strategically and move away from tactical operations. Integrating data from the various systems and resources is an important first step.

Paris hotels continue to struggle from terrorism concerns

04/11/2016

Guest Contributor

This year’s performance decline has mostly been driven by a drop in occupancy (-12.4% to 69.1%), as demand plummeted (-11.9%) compared with the same nine-month period in 2015 according to STR.

Yen devaluation leads to profit boost for Japanese hotels

31/10/2016

Guest Contributor

Japan’s hotel industry has benefitted substantially from the devaluation of the Japanese yen, experiencing four consecutive years of double-digit percentage growth in gross operating profit per available room (GOPPAR).

$50 million in hotel room revenue lost during Hurricane Matthew

24/10/2016

Guest Contributor

The overall loss will be higher once future lost business as a result of the extensive damage and renovations that many hotels will require prior to reopening is factored in.

NFL averages $75m impact on hotel room revenue

14/09/2016

Guest Contributor

In 2015, two franchises produced a room revenue impact of more than US$10.0m on their respective city’s hotels: the New Orleans Saints (US$16.2m) and Green Bay Packers (US$11.1m).

Slower growth forecast for U.S. hotels

08/09/2016

Guest Contributor

The U.S. hotel industry is projected to experience continued performance growth through 2017, albeit at a slower rate, according to STR and Tourism Economics’ most recent forecast

How Ramadan impacted Middle East hotels

20/07/2016

Guest Contributor

Makkah and Medina, Saudi Arabia, were the only major hotel markets in the Middle East to experience increases in RevPAR during Ramadan 2016.

Ramadan’s impact on Middle East hotels

28/06/2016

Guest Contributor

Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

Tag: STR

STR: Record-breaking Q1 for London hotels

STR: Europe hotels see strong performance increases in Q1 2017

Revenue management: Using data integration

Paris hotels continue to struggle from terrorism concerns

Yen devaluation leads to profit boost for Japanese hotels

$50 million in hotel room revenue lost during Hurricane Matthew

NFL averages $75m impact on hotel room revenue

Slower growth forecast for U.S. hotels

How Ramadan impacted Middle East hotels

Ramadan’s impact on Middle East hotels

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