Each week, STR analysts provide a deep-dive into U.K. hotel performance. The most recent video, highlighting performance for the week of 31 August through 6 September.
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.
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.
STR and AirDNA release full analysis of hotels and short-term rentals
The hotel industry has made promising weekly gains in occupancy since its low point of the COVID-19 pandemic, while short-term rentals are nearing last year’s levels in revenue per available room.
A Tale of Two Occupancies: Total Room Inventory vs. STR Standard
The traditional metric has not escaped the impacts of COVID-19. Voluntary and mandated hotel closures have caused a fundamental shift in the way STR records and reports supply, and thus, a new occupancy metric has been born.
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.
U.S. hotel demand not expected to fully recover until 2023
Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the latest forecast revision from STR and Tourism Economics.
Asia Pacific hotel performance for May 2020
Reflecting the continued effects of the COVID-19 pandemic, the Asia Pacific hotel industry reported monthly lows in the three key performance metrics during May 2020, according to data from STR.