The Leader in Global Hotel Benchmarking

COMPLETE · CONFIDENTIAL · COMPREHENSIVE · CUSTOMIZED

The Leader in Global Hotel Benchmarking

Latest News Releases Powered by HotelNewsNow

STR reports Canada hotel performance, week ending 27 June 2009

In year-over-year measurements, the industry’s occupancy fell 11.2 percent to end the week at 65.8 percent. Average daily rate dropped 9.5 percent to finish the week at CAD$128.25. Revenue per available room for the week decreased 19.7 percent to finish at CAD$84.42.

STR reports U.S. hotel performance for week ending 27 June 2009

In year-over-year measurements, the industry’s occupancy fell 8.7 percent to end the week at 65.4 percent. Average daily rate dropped 9.5 percent to finish the week at US$97.49. Revenue per available room for the week decreased 17.4 percent to finish at US$63.74.

Midscale without food and beverage: Does location matter?

Through May, year-over-year numbers indicate the segment’s hotels in small town/metro areas are faring better than those in other locations.

Germany forecasts make tough reading

Forecasts indicate that average daily rate declines during the next 24 months in Germany's major cities will be the main cause of sluggish performance, according to the May 2009 Hotel Market Forecast from STR Global.

Total travel spending down, lodging disproportionately so

Estimates on total spending on travel and tourism in 1Q 2009 declined by 5.9 percent over the previous quarter, according to the U.S. Bureau of Economic Analysis.

To read more articles from STR and STR Global click here.

 

Most Popular

Hotel Data Conference Aug, 4th - 5th

Join STR and other hotel industry data analysts and be informed about the most relevant and timely issues affecting the hospitality industry today.

Hotel Market Forecast

STR Global Market Forecasts are the ultimate resource for anticipating the future performance of your market's key metrics - occupancy, ADR, and RevPAR.

Our Products

STR Global and STR are the leaders in providing market data to the worldwide hotel industry. See what products best fit the needs of you and your company!

About Us

In 2008, three of the most successful names in the market—Smith Travel Research (STR), Deloitte's HotelBenchmark™ and The Bench—formed STR Global.

Resources

This section provides you with user guides, FAQs and tutorials to help you use this website and understand our reports.