U.S. hotel performance increased from the previous week, according to STR‘s latest data through 28 January.Â
U.S. hotel results for week ending 3 December
U.S. hotel performance came in higher than the previous week but showed weakened comparisons to 2019, according to STR‘s latest data through 3 December.Â
Sydney hotels recorded highest performance of pandemic-era in November
Sydney’s hotel industry recorded its highest performance levels of the pandemic-era, according to preliminary November 2022 data from STR.
U.S. hotel results for week ending 26 November
Due to the Thanksgiving holiday, U.S. hotel performance came in lower than the previous week and showed mixed comparisons to 2019, according to STR‘s latest data through 26 November.Â
U.S. hotel results for week ending 19 November
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
U.S. hotel results for week ending 5 November
As expected due to the Halloween calendar shift, U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019, according to STR‘s latest data through 5 November.Â
U.S. hotel results for week ending 29 October
U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019, according to STR‘s latest data through 29 October.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.
The U.S. hotel construction pipeline shows positive growth year-over-year at Q3 2022 close
According to the third quarter Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), the U.S. construction pipeline stands at 5,317 projects/629,489 rooms, up 10% by projects and 6% rooms Year-Over-Year (YOY).
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
