U.S. hotel industry performance was down for the week of August 3-9. Revenue per available room dipped 1.6% on an occupancy decrease of 0.7 percentage points and an average daily rate decline of ...
After two weeks of significant declines, it was a mostly flat week for the U.S. hotel industry with revenue per available room down 0.8% for the week of July 20-26. Demand improved marginally, but ...
The U.S. hotel industry reported another significant decrease with revenue per available room for the week of July 13-19 down 3.3% year over year. That was only a slight improvement from the previous ...
U.S. hotel occupancy for the week of April 23-29 dipped from the previous week, but at 66.6% was still the third best of the year so far. Meanwhile, excluding the U.S., global hotel occupancy inched ...
Demand for U.S. hotels from group and business travelers showed signs of picking up in the week following the Easter holiday, as industry performance overall continues to normalize.
Easter and Jewish Passover in the U.S. dampened demand for U.S. hotels last week, which is typical as business travelers and conference planners schedule around those holidays to be home with family.
Hotel demand slightly outpaced expectations in the last week of March, but is likely to slow as the height of the spring travel season ebbs and hoteliers prepare for the summer wave.
The U.S. continues to settle in to a more normal hotel performance pattern, punctuated by improvements in top 25 markets and bolstered by weekday business travel flowing into key markets.
Year-over-year comparisons have largely lapped the impact of a surge in omicron cases last year, and hotel industry performance in the U.S. and in markets around the globe is improving slowly but ...
As forecasted, Phoenix’s hotel industry ranked second all-time among Super Bowl host markets in average daily rate and revenue per available room during the weekend of the big game.
This year’s NCAA men’s basketball Final Four championship held in New Orleans over the first weekend in April was an exceptional windfall to area hotels.
The Washington, D.C., hotel market filled just over 3 in 5 rooms — 62.3% at the peak — during the days around President Biden’s inauguration ceremony, marking the lowest inaugural performance since ...
HENDERSONVILLE, Tennessee—With nine months of the year now preliminarily “on the books,” it seems an appropriate time to provide a brief highlight of key trends as well as the best- and ...
HENDERSONVILLE, Tennessee—After examining the effect of cancelled events such as Austin’s SXSW festival in the U.S., the next step was to examine whether markets in Europe were experiencing the same ...
HENDERSONVILLE, Tennessee—As we turn to a new decade, STR highlights the top 10 year-over-year growing markets for the past year. Even among us who keep judicious tabs on U.S. markets performance, ...
HENDERSONVILLE, Tennessee—A look at hotel industry performance data since 2011 shows that the nearest weekend to Valentine’s Day gets a sizable performance boost compared to surrounding matched ...
HENDERSONVILLE, Tennessee—For the U.S. hotel industry, the days around the Christmas holiday are always slow. With sun and sand destinations excepted, a majority of U.S. markets should expect some of ...