STR data ending with 16 May showed continued modest gains in U.S. hotel performance compared with previous weeks. Year-over-year declines remain significant although not as severe as the levels recorded in April.
U.S. hotel results for week ending 9 May
STR data for 3-9 May 2020 showed continues modest gains in U.S. hotel occupancy compared with previous weeks, but a similar level of year-over-year decline in the three key performance metrics.
U.S. hotel results for week ending 25 April
Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 19-25 April 2020, according to data from STR.
Baird/STR Hotel Stock Index drops 36.0% in March
The Baird/STR Hotel Stock Index dropped 36.0% in March to a level of 2,748. Year to date through the first three months of 2020, the stock index was down 47.9%.
U.S. hotel performance for February 2020
In its final month before feeling the impact of the COVID-19 pandemic, the U.S. hotel industry reported positive results in the three key performance metrics during February 2020, according to data from STR.
Asia Pacific hotel performance for February 2020
Reflecting the effects of the COVID-19 pandemic, hotels in the Asia Pacific region reported a significant decline in occupancy but fairly steady room rates during February 2020, according to data from STR.
Sustainable travel and climate change on the mind of tourists
Findings of a survey conducted by STR’s Tourism Consumer Insights team revealed the importance of sustainable tourism as well as the impact of climate change on traveler perception.
China hotel performance recovered quickly following SARS
STR analyzed historical data for China and found that the country’s hotel performance recovered quickly following the containment of SARS in 2003. Recovery around the current outbreak situation of 2020 could follow a similar timeline.
Berlin hotels post record-breaking year
Berlin’s hotel industry reached its highest levels in occupancy and RevPAR despite the uncertainty around an economic recession, according to 2019 data from STR.
U.S. hotel industry posts record levels in 2019
The U.S. hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in RevPAR since the current cycle began in 2010
