The latest hotel industry analysis

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe as well as our latest forecast updates.

How long will it take Europe to recovery to occupancy levels of 40-50%?

8 min weekly update on China hotel performance - 11 June (Chinese)

Key to understanding your hotel’s profitability, your P&L statement outlines your profits or losses over a given time period—as the name suggests.

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe.

Barcelona: 96% of STR participating hotels closed

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Belgium.

Occupancy dropped as number of cases increased

Occupancy has been decreasing as the number of COVID-19 cases increased. However, occupancy started to slide prior to 17 March, when a shutdown started in the country.

Knowing you might not have time to watch our full webinars, we’re pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in Europe with a focus on Germany, Austria and Switzerland.

RevPAR: levelled since March

RevPAR levels in Germany, Austria and Switzerland fell rapidly from late February through the middle of March. Since that point, RevPAR has levelled off in the three markets.

Our Custom Forecasts provide hotel owners, operators, investors, revenue managers and industry stakeholders with an approachable way to obtain top-line hotel market projections. Launched as an affordable alternative to major consultancies, they offer price points intended to be digestible even at the property level. While Custom Forecasts have grown exponentially year-over-year since their 2014 launch, many industry participants are still unaware that STR offers such a product.

Hotel owners and operators are best positioned for success when they measure their business from every angle. That is why no benchmarking experience can be considered comprehensive without frequent insight into the bottom line.  

In STR’s commitment to helping further advance the hotel industry’s growth through the sector’s most comprehensive and accurate data and analytics, we are pleased to bring you our fourth annual Global Hotel Study. The 2019 report is available to download for free and offers performance insights, market analysis, articles from the experts and forecasts for each region. These in-depth insights provide context around hotel performance, empowering your strategy for the year ahead and beyond.

Tracking hotel operating expenses is vital in understanding your property's financial performance and better managing costs, which is part of the equation for increasing your profit margins. Given that gross operating profit is calculated by subtracting total operating expenses from total operating revenues, minimizing expenses and maximizing revenue is the obvious approach to boosting profits.