Hotel performance in the U.S. took a sharp drop following the Independence Day holiday, but as vacations wrap up and the new school year approaches, signs point to revenue per available room gains ...
The NBA Playoffs represent a period of rapid travel and swift booking, bolstering fan attendance and hotel performance in host markets. The 2023 postseason, culminating in June with the first ...
The latest weekly data from CoStar hospitality analytics firm STR shows the Fourth of July holiday muted performance of U.S. hotels, while global hotel occupancy excluding the U.S. edged out a ...
Due to constricted business travel during the Fourth of July, U.S. hotel performance fell from the previous week and showed weaker year-over-year comparisons, according to STR‘s latest data through ...
Among key hotel markets in Middle East & Africa, Jordan and Qatar realized the only month-over-month gross operating profit per available room (GOPPAR) improvements, according to STR’s May 2023 P&L ...
U.S. hotel occupancy continued to grow during the week of June 18-24 as summer builds, but occupancy has fallen short of last year’s level for the past four weeks.
U.S. hotel performance remained mostly flat from the previous week, and year-over-year comparisons remained mixed, according to STR‘s latest data through June 24.
Weekly U.S. hotel occupancy continues to fall short of last year’s levels amid changes in travel patterns — shifting from resorts to top 25 markets and international outbound.
NEW YORK — STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance ...
As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR‘s latest data through May 27. Year-over-year comparisons were improved.
The pace of U.S. hotel industry performance growth continues to slow as demand patterns moderate. Meanwhile, excluding the U.S., global hotel occupancy reached its highest level of the year and since ...