The role of profitability data in a comprehensive hotel benchmarking experience
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.
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The end of an Era(s Tour): Taylor Swift’s final impact on hotel performance
The end of an Era(s Tour): Taylor Swift’s final impact on hotel performanceAnalysis by Audrey Kallman
Taylor Swift said, “so long, London,” and made her way back to North America for her final leg of the Eras Tour.
The conclusion ended with 18 shows – split evenly between U.S. and Canadian markets.
U.S. hotel conversion activity remains muted
U.S. hotel conversion activity remains mutedAnalysis by Isaac Collazo
U.S. hotel conversion activity, which involves changing an existing hotel from its independent status, or affiliating it with a new brand; continues to trend below the long-term average of the 20-year period ending 2019. We are benchmarking to this period given that it excludes the disruption in hotel development brought about by the pandemic
Hotel F&B driving labor cost growth in 2024
Hotel F&B driving labor cost growth in 2024Analysis by Audrey Kallman
In the U.S., it costs about $9 more to staff a hotel room than in 2023.
STR/TE Market Forecast Assumptions – November 2024
STR/TE Market Forecast Assumptions – November 2024Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Upcoming holiday season impact on U.S. hotel performance
Upcoming holiday season impact on U.S. hotel performanceAnalysis by Isaac Collazo
Two significant changes will impact travel in the U.S. this holiday season.
RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish
RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggishAnalysis by M. Brian Riley
Note: All financial figures presented in US$.
STR's global "bubble chart" update for the four weeks ending 9 November 2024 shows 84% of global markets with year-over-year growth in revenue per available room (RevPAR), a gain of seven percentage points from last month’s update (77%)
Independent Hotel Show Munich 2024
Independent Hotel Show Munich 2024Australian Accommodation Monitor Summary – Financial-year performance: 2023-2024
Australian Accommodation Monitor Summary – Financial-year performance: 2023-2024Financial Year Performance: A return to normalised growth across all quarters. Key drivers include increased occupancy, event-driven ADR, and sustained demand in a majority of tourism regions.
Click to view the 2023-2024 Financial-Year Data File.
U.S. hotel commentary - September 2024
U.S. hotel commentary - September 2024Analysis by Chris Klauda
77% of global markets grew RevPAR against last year, Japan generating more momentum
77% of global markets grew RevPAR against last year, Japan generating more momentumAnalysis by M. Brian Riley
Note: All financial figures presented in US$.
STR's global "bubble chart" update for the four weeks ending 12 October 2024 shows 77% of markets with year-over-year growth in revenue per available room (RevPAR). That was a substantial 14-point increase in the proportion of global hotel markets experiencing matched period RevPAR gains in last month's update