Connecting Revenue and Profitability: Flow Through and Flex Explained
Hoteliers track numerous metrics to understand the health of their properties in both the short and long term. Top-line revenue metrics are foundational to understanding hotel performance—but they’re only the beginning. When those metrics shift, the question isn’t just what changed, but how those changes ultimately impact profitability.
Two metrics help answer that question: Flow Through and Flex.
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A look at pipeline completion times across Europe
A look at pipeline completion times across EuropeThe number of new room openings across Europe has increased consistently over the last decade. Over that span, the industry went from roughly 50,000-60,000 new room openings per year to more than 70,000 in 2018 and 2019.
With Europe experiencing substantial growth in supply during the last 10 years, STR’s pool of historical pipeline data provides a great opportunity to analyze the completion time of projects across the continent.
COVID-19 webinar summary: 5 key points on Spain & Portugal hotel performance, 14 July
COVID-19 webinar summary: 5 key points on Spain & Portugal hotel performance, 14 JulyCOVID-19 webinar summary: 5 key points on Spain & Portugal hotel performance, 14 July
Did you miss one of our webinars? Don’t have time to watch the full recording? No problem. We are pleased to present the key points in this latest COVID-19 webinar summary. In this edition, we talk performance in Spain and Portugal.
Spain: signs of slight recovery
COVID-19 webinar summary: 5 key points on France hotel performance, 7 July
COVID-19 webinar summary: 5 key points on France hotel performance, 7 JulyDid you miss one of our webinars? Don’t have time to watch the full recording? No problem. We are pleased to present the key points in this latest COVID-19 webinar summary. In this edition, we talk performance in France.
Luxury and Upper Upscale Class hotels the most affected
COVID-19 webinar summary: 5 key points on Europe hotel performance, 2 July
COVID-19 webinar summary: 5 key points on Europe hotel performance, 2 JulyKnowing 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 recover to occupancy levels of 40-50%?
How are bank holidays and weekends impacting hotel performance?
How are bank holidays and weekends impacting hotel performance?Even as countries ease limitations around COVID-19, the summer months and upcoming holidays will produce hotel performance quite different than historical averages. Regardless, such holidays and weekend demand are showing to be the first demand out of the gate in leading industry recovery.
We found those holidays and weekends listed below as showing the most noticeable corresponding boost to recent hotel performance in select world regions.
COVID-19: Impact on forward hotel bookings in key European markets
COVID-19: Impact on forward hotel bookings in key European marketsThe COVID-19 pandemic has caused unprecedented challenges for global hospitality, with travel restrictions and lockdown measures forcing hotel closures and performance declines that exceed the levels witnessed during the global financial crisis and other challenging times for the industry. An area of the industry where the impact continues to evolve is business on the books, or reservations booked for future dates.
Video: From all of us at STR, thank you
Video: From all of us at STR, thank youCOVID-19 webinar summary: 5 key points on Europe hotel performance, 18 June
COVID-19 webinar summary: 5 key points on Europe hotel performance, 18 JuneKnowing 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%?
Video: 8 min weekly update on China hotel performance - 11 June (Chinese)
Video: 8 min weekly update on China hotel performance - 11 June (Chinese)8 min weekly update on China hotel performance - 11 June (Chinese)
How to analyze your P&L statement
How to analyze your P&L statementKey to understanding your hotel’s profitability, your P&L statement outlines your profits or losses over a given time period—as the name suggests.