One of the most straightforward strategies to help anticipate trends in hotel performance is to simply observe shifts in the calendar. By monitoring the movement of holidays, leveraging STR’s ...
U.S. hotel revenue per available room dropped 0.7% in the week of Aug. 31 to Sept. 6. This was RevPAR’s 19th weekly drop this year and 12th in the past 16 weeks.
Pricing power in the global hotel industry has led the recovery from the COVID-19 pandemic, and hoteliers expect it will be sustainable this year, according to a survey by STR.
Demand for hotel rooms moderated in 2023 nearer to pre-pandemic levels, but hotel industry professionals expect that to grow this year, according to a survey by STR.
Analysts keeping a close watch on the global hotel industry have dialed back predictions of an economic recession, or at least one that could hinder consumer demand for travel and hospitality. But ...
The challenge of staffing hotels due to a shrinking and more-demanding labor pool was consistently a top concern on the minds of hoteliers throughout 2023, a study by STR shows.
Analysts throughout 2023 went back and forth on whether the U.S. economy was headed for a recession. But a survey conducted by STR shows that hoteliers' confidence in their business mostly waned and ...
As the hospitality and travel industry continues to recover, and with group and business sectors still trailing behind, predicting transient travel demand patterns becomes more critical than ever. ...
HENDERSONVILLE, Tennessee—Collecting academic calendars for public school districts and colleges/universities has proven more challenging in 2020 than in any year before. After waves of early ...
HENDERSONVILLE, Tennessee—The film and music festival South By Southwest is typically held in mid-March in Austin, Texas, and this year, SXSW was one of the first major events to be canceled in the ...
The film and music festival South By Southwest is typically held in mid-March in Austin, Texas, and this year, SXSW was one of the first major events to be canceled in the U.S. due to coronavirus ...
HENDERSONVILLE, Tennessee—An analysis of the past four years of the United States Grand Prix reveals that the weekend of the race has an overwhelmingly positive impact on the Austin, Texas, market.
HENDERSONVILLE, Tennessee—Conference spending by the U.S. government decreased 15.7% in fiscal year 2017. Down from approximately $166 million of expenditures in 2016 to $140 million in 2017, this ...
HENDERSONVILLE, Tennessee—Federal conference spending surged ahead in fiscal year 2016, continuing the trend of recovery after a sharp decline in 2013, when there was a 62% drop.
HENDERSONVILLE, Tennessee—Federal conference spending appears to be on the rise after a severe decline in fiscal year 2013. All federal agencies are required by Memorandum M-12-12 from the Office of ...