Str News
STR Reports US Hotel Performance for January 2010
In year-over-year measurements, the industry’s occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35.
STR Global releases Dec. ‘09 and year-end ‘09 results
The Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for year-end 2009 and December 2009, according to data compiled by STR and STR Global.
Luxury hotel spas feel recession’s pinch
Luxury spa participants in the Spa STAR performance report continued to show declining performance metrics through the third quarter of 2009, according to data released by STR.
STR reports US performance for week ending 5 December
In year-over-year measurements, the industry’s occupancy fell 4.9 percent to end the week at 47.6 percent. Average daily rate dropped 7.3 percent to finish the week at US$96.25. Revenue per available room for the week decreased 11.9 percent to finish at US$45.86.
STR releases US pipeline for October 2009
The total active U.S. hotel development pipeline includes 4,218 projects with 450,899 rooms, according to the September 2009 STR/TWR/Dodge Construction Pipeline Report released this week.
US hotel performance for the week ending 22 August 2009
The U.S. hotel industry posted declines in all three key performance measurements during the week of 16-22 August 2009, according to data from STR.
U.S. Hotel performace for May 2009
The U.S. hotel industry posted declines in all three key performance measurements during May, according to data from STRIn year-over-year measurements, the industry’s occupancy fell 11.8 percent to end the month at 55.7 percent. Average daily rate dropped 9.8 percent to finish the month at US$97.03. Revenue per available room for the month decreased 20.4 percent to finish at US$54.05.
U.S. Hotel performance for the week ending 30 May 2009
The U.S. hotel industry posted declines in all three key performance measurements during the week of 24-30 May 2009, according to data from STR.
U.S. Hotel performance for the week ending 23 May 2009
The U.S. hotel industry posted declines in all three key performance measurements during the week of 17-23 May 2009, according to data from STR.
U.S. Hotel perfomance for April 2009
The U.S. hotel industry posted declines in all three key performance measurements during April, according to data from STR.In year-over-year measurements, the industry’s occupancy fell 11.1 percent to end the month at 56.4 percent. Average daily rate dropped 9.4 percent to finish the month at US$98.37. Revenue per available room for the month decreased 19.5 percent to finish at US$55.48.
STR signs Magnuson as Sponsor of Hotel Data Conference
STR and HotelNewsNow.com signed Magnuson Hotels as the Founding Sponsor of the inaugural Hotel Data Conference, which will be held 4-5 August, 2009, in Nashville, Tennessee.
U.S. Hotel performance for the week ending 16 May 2009
The U.S. hotel industry posted declines in all three key performance measurements during the week of 10-16 May 2009, according to data from STR.
Mexican hotels see 50% drop-off
Data from STR has shown Mexico’s hotel industry occupancy dropped more than 50% at the end of April and beginning of May. This is after the outbreak of influenza A (H1N1), or the swine flu as it has also been called, was announced.
STR releases updated projections for 2009 and 2010
STR projects a 9.8-percent year-over-year decline in revenue per available room for 2009, and it expects a 1.5-percent increase in 2010, according to the latest data released from the hotel research specialist.
U.S. Hotel perfomance for March 2009
The U.S. hotel industry posted declines in all three key performance measurements during March 2009, according to data from STR.In year-over-year measurements, the industry’s occupancy in March fell 11.6 percent to end the month at 55.2 percent (62.5 percent in March 2008). Average daily rate dropped 9.6 percent to finish the month at US$99.42 (US$109.97 in March 2008). Revenue per available room for the month decreased 20.0 percent to finish at US$54.93 (US$68.69 in March 2008).
U.S. Hotel performance results
The U.S. hotel industry posted declines in all three key performance measurements during the week of 22-28 February 2009, according to data from STR.In year-over-year measurements, the industry’s occupancy fell 12.6 percent to end the week at 54.1 percent. Average daily rate dropped 6.8 percent to finish the week at US$100.54. Revenue per available room for the week decreased 18.5 percent to finish at US$54.37.
