U.S. hotel performance came in lower than the previous week and showed improved occupancy and revenue per available room (RevPAR) comparisons to 2019, according to STR‘s latest data through 19 November.Â
Baird/STR Hotel Stock Index jumped 15.8% in October
The Baird/STR Hotel Stock Index jumped 15.8% in October to a level of 5,286. Year to date through the first 10 months of 2022, the stock index was down 8.0%.Â
London’s hotel ADR and RevPAR surpassed pre-pandemic levels in October
London’s hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the pre-pandemic comparable, according to preliminary October 2022 data from STR.
U.S. hotel results for week ending 12 November
U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 12 November.Â
Melbourne hotels post best performance of the pandemic-era
Melbourne’s hotel performance reached a pandemic-era high, according to preliminary October 2022 data from STR.
New Delhi hotels lead profitability recovery in Asia Pacific
Four key Asia Pacific hotel markets, led by New Delhi, surpassed their pre-pandemic levels in gross operating profit per available room (GOPPAR), according to STR‘s September 2022 P&L data release.Â
U.S. hotel profitability improved in September; labor costs exceed 2019
U.S. hotel gross operating profit per available room (GOPPAR) improved from the month prior and exceeded the pre-pandemic comparable, according to STR‘s September 2022 P&L data release. Additionally, the cost of labor per available room came in higher than the pre-pandemic comparable for the first time.
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.
U.S. hotel results for week ending 22 October
U.S. hotel performance decreased slightly from the previous week but showed improved comparisons with 2019, according to STR‘s latest data through 22 October.Â
U.S. hotel results for week ending 1 October
As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR‘s latest data through 1 October.Â
Never miss a trend.
Most popular:
