https://www.breakingtravelnews.com/tags/tag/str/ Str News en Breaking Travel News Copyright 2026 2026-04-24T01:10:41+00:00 https://www.breakingtravelnews.com/news/article/collazo-takes-up-vice-president-role-with-str/ https://www.breakingtravelnews.com/news/article/collazo-takes-up-vice-president-role-with-str/ Isaac Collazo has served in a vice president capacity at hotel giant IHG for the past 18 years, including the last two in competitive intelligence with a focus on performance analysis. Wed, 06 Jan 2021 01:00:07 +0000 https://www.breakingtravelnews.com/news/article/str-reports-gradual-recovery-in-china-hotel-market/ https://www.breakingtravelnews.com/news/article/str-reports-gradual-recovery-in-china-hotel-market/ Despite a gradual increase in occupancy across China, driven by weekday business travel, demand will not fully recover until restrictions are lifted and airlift returns STR area director Jesper Palmqvist explained. Tue, 12 May 2020 06:26:44 +0000 https://www.breakingtravelnews.com/news/article/buffets-may-be-off-the-menu-warns-caribbean-tourism-organisation/ https://www.breakingtravelnews.com/news/article/buffets-may-be-off-the-menu-warns-caribbean-tourism-organisation/ Caribbean hotels may have to scrap conveniences such as buffets and drinks stations in order to attract post-Covid-19 guests, suggest two hospitality experts. Thu, 30 Apr 2020 00:15:05 +0000 https://www.breakingtravelnews.com/news/article/chinese-travellers-disappear-from-key-overseas-markets/ https://www.breakingtravelnews.com/news/article/chinese-travellers-disappear-from-key-overseas-markets/ Asia Pacific destinations popular with travellers from mainland China continue to report a huge hotel occupancy impact from the coronavirus outbreak, according to preliminary February data from STR. Tue, 25 Feb 2020 11:33:54 +0000 https://www.breakingtravelnews.com/news/article/london-sees-slight-fall-in-hotel-occupancy-in-late-2019/ https://www.breakingtravelnews.com/news/article/london-sees-slight-fall-in-hotel-occupancy-in-late-2019/ Hotels in London saw RevPAR growth of 0.9 per cent in quarter four of 2019, to £135.25, when compared with the previous year. However, average occupancy for hotels in the capital dropped back slightly in the final quarter of the decade, to 84.8 per cent. Mon, 03 Feb 2020 09:35:18 +0000 https://www.breakingtravelnews.com/news/article/london-hotels-pull-away-from-regional-competitors/ https://www.breakingtravelnews.com/news/article/london-hotels-pull-away-from-regional-competitors/ Trading in quarter three for UK hotels has again showed a considerable contrast between those in London compared with the provinces. That is according to the latest UK hotel market tracker, produced by HVS London, AlixPartners and STR. Mon, 28 Oct 2019 08:14:50 +0000 https://www.breakingtravelnews.com/news/article/costar-group-to-acquire-str-for-us450m/ https://www.breakingtravelnews.com/news/article/costar-group-to-acquire-str-for-us450m/ CoStar Group has entered into an agreement to acquire STR, a leader in data benchmarking, analytics and marketplace insights for global hospitality sectors. The transaction, valued at $450 million in cash, is expected to close in the fourth quarter of 2019, subject to customary conditions. Tue, 01 Oct 2019 11:03:32 +0000 https://www.breakingtravelnews.com/news/article/ahif-revpar-continues-to-grow-in-africa-str-reveals/ https://www.breakingtravelnews.com/news/article/ahif-revpar-continues-to-grow-in-africa-str-reveals/ Africa has seen strong growth in revenue per available room for a sustained period, according to the latest figures from STR. Speaking at the Africa Hotel Investment Forum, STR director Thomas Emanuel said RevPAR had grown for 87 consecutive months amid a period of low supply growth and strong demand. Tue, 24 Sep 2019 06:52:39 +0000 https://www.breakingtravelnews.com/news/article/uk-regional-hotels-see-first-quarterly-revpar-fall-since-2012/ https://www.breakingtravelnews.com/news/article/uk-regional-hotels-see-first-quarterly-revpar-fall-since-2012/ RevPAR in the UK’s regional hotels dropped 2.8 per cent in the first three months of 2019, according to research from HVS London, AlixPartners and STR. The fall was in marked contrast to the fortunes of London’s hotels, which saw like-for-like RevPAR increase by 3.6 per cent against the previous year. Tue, 07 May 2019 08:41:05 +0000 https://www.breakingtravelnews.com/news/article/european-travel-commission-signs-str-data-partnership/ https://www.breakingtravelnews.com/news/article/european-travel-commission-signs-str-data-partnership/ The European Travel Commission and STR have signed a partnership which will see them serve the growing needs of European destination management organisations. Mon, 11 Mar 2019 06:48:44 +0000 https://www.breakingtravelnews.com/videos/video/robin-rossmann-managing-director-str-global/ https://www.breakingtravelnews.com/videos/video/robin-rossmann-managing-director-str-global/ Speaking to Breaking Travel News at the Arabian Hotel Investment Conference in Ras al Khaimah, Robin Rossmann, managing director at hospitality analytics firm STR, gives us his opinion on the current state of the Middle Eastern market. Also on the agenda is the launch of new product AM:PM, which offers up to the minute insight into the hotel construction pipeline in the region. Thu, 19 Apr 2018 02:59:14 +0000 https://www.breakingtravelnews.com/news/article/ahic-2018-ampm-from-str-goes-live-in-australia-and-gcc/ https://www.breakingtravelnews.com/news/article/ahic-2018-ampm-from-str-goes-live-in-australia-and-gcc/ AM:PM, the new digital platform for tracking hotel supply and pipeline information from STR, is now available for Australia and Gulf Corporation Council countries. Wed, 18 Apr 2018 10:47:05 +0000 https://www.breakingtravelnews.com/news/article/str-reports-decade-of-growth-in-global-hospitality/ https://www.breakingtravelnews.com/news/article/str-reports-decade-of-growth-in-global-hospitality/ Everyday we hear of new hotel openings. But have you ever wondered how many hotels there actually are? On the tenth anniversary of the launch of its international expansion, STR has gone some way to answering the question. Tue, 27 Mar 2018 13:11:05 +0000 https://www.breakingtravelnews.com/news/article/saudi-arabia-pipeline-to-almost-double-hospitality-sector-size/ https://www.breakingtravelnews.com/news/article/saudi-arabia-pipeline-to-almost-double-hospitality-sector-size/ Saudi Arabia has more than 64,000 rooms across the three phases of the hotel development pipeline, according to data from STR. That room total represents 76 per cent of the more than 84,500 existing hotel rooms in the country. Mon, 26 Feb 2018 09:31:42 +0000 https://www.breakingtravelnews.com/news/article/london-leads-growth-in-uk-serviced-apartment-sector/ https://www.breakingtravelnews.com/news/article/london-leads-growth-in-uk-serviced-apartment-sector/ The UK serviced apartment sector posted strong performance growth in 2017, according to ASAP and STR. Based on STR’s year-end performance figures, UK serviced apartments recorded an actual occupancy level of 81.7 per cent, a 0.2 per cent increase over 2016. Thu, 01 Feb 2018 09:23:31 +0000 https://www.breakingtravelnews.com/news/article/ahif-2017-africas-hotel-supply-projected-to-grow-11-per-cent/ https://www.breakingtravelnews.com/news/article/ahif-2017-africas-hotel-supply-projected-to-grow-11-per-cent/ STR has highlighted Africa’s key hotel development and performance trends. Based on August 2017 data, Africa currently shows 301 hotel projects in the pipeline, accounting for 57,011 rooms, or 11 per cent of the continent’s existing room supply. Tue, 10 Oct 2017 07:00:35 +0000 https://www.breakingtravelnews.com/news/article/str-records-record-revenue-in-us-hospitality-sector/ https://www.breakingtravelnews.com/news/article/str-records-record-revenue-in-us-hospitality-sector/ Results from STR’s Host Almanac 2017 indicate that the Unites States hotel industry revenue and house profit reached all-time highs in 2016. Revenues topped an estimated US$199 billion in 2016, increasing nearly US$9 billion from 2015. Thu, 27 Apr 2017 22:42:40 +0000 https://www.breakingtravelnews.com/news/article/str-records-sharp-increase-in-london-hotel-prices/ https://www.breakingtravelnews.com/news/article/str-records-sharp-increase-in-london-hotel-prices/ STR’s preliminary January 2017 data for London, England, indicates sharp performance increases. Based on daily data from January, London reported hotel supply was up 2.8 per cent, while demand was up 8.8 per cent. Mon, 13 Feb 2017 10:33:30 +0000 https://www.breakingtravelnews.com/news/article/houston-hospitality-set-for-major-super-bowl-bounce/ https://www.breakingtravelnews.com/news/article/houston-hospitality-set-for-major-super-bowl-bounce/ The Houston hotel industry will see overall performance growth of between 150 and 350 per cent during Super Bowl 51 weekend, according to a projection by STR’s consulting and analytics division. Tue, 31 Jan 2017 08:43:31 +0000 https://www.breakingtravelnews.com/news/article/falling-value-of-pound-boosts-north-american-visitors-to-uk/ https://www.breakingtravelnews.com/news/article/falling-value-of-pound-boosts-north-american-visitors-to-uk/ A study by STR and Tourism Economics indicates that the United Kingdom’s tourism and hospitality sectors have benefited from an increase in arrivals from North America, brought on by the devaluation of the British pound following the June EU Referendum. Fri, 27 Jan 2017 09:11:29 +0000 https://www.breakingtravelnews.com/news/article/str-occupancy-on-the-rise-in-middle-east-hotels/ https://www.breakingtravelnews.com/news/article/str-occupancy-on-the-rise-in-middle-east-hotels/ Hotels in the Middle East reported mixed November 2016 results, while hotels in Africa posted positive results in the three key performance metrics when reported in US dollar constant currency, according to data from STR. Mon, 23 Jan 2017 10:25:06 +0000 https://www.breakingtravelnews.com/news/article/str-acquires-uk-based-hotel-data-specialist-ampm/ https://www.breakingtravelnews.com/news/article/str-acquires-uk-based-hotel-data-specialist-ampm/ STR has acquired AM:PM, a hotel data and intelligence specialist. “Alan and Morag Gordon have created a real-time, online hotel supply and research tool that enables informed and efficient decision-making for the hotel industry,” said Robin Rossmann, STR international managing director. Wed, 21 Dec 2016 14:30:20 +0000 https://www.breakingtravelnews.com/news/article/str-reports-uptick-in-european-hotel-construction/ https://www.breakingtravelnews.com/news/article/str-reports-uptick-in-european-hotel-construction/ The October pipeline report from STR shows 153,206 hotel rooms in 1,007 projects are under contract in Europe. The total represents a 14.9 per cent increase in rooms under contract compared with October 2015, suggesting an uptick in confidence in the market. Wed, 16 Nov 2016 09:17:05 +0000 https://www.breakingtravelnews.com/news/article/japanese-hospitality-benefits-from-falling-value-of-yen/ https://www.breakingtravelnews.com/news/article/japanese-hospitality-benefits-from-falling-value-of-yen/ Japan’s hotel industry has benefitted substantially from the devaluation of the Japanese yen, experiencing four consecutive years of double-digit percentage growth in gross operating profit per available room, according to STR. As reported in STR’s Profitability Review, Japan’s GOPPAR reached JPY12,512.18 in 2015, the country’s highest GOPPAR value since the time of the global financial crisis in 2008. Mon, 31 Oct 2016 10:32:46 +0000 https://www.breakingtravelnews.com/news/article/rio-2016-hotels-see-sharp-upturn-in-revenue-during-olympics/ https://www.breakingtravelnews.com/news/article/rio-2016-hotels-see-sharp-upturn-in-revenue-during-olympics/ Rio de Janeiro’s hotel industry saw a substantially larger impact as host of the 2016 Olympics than London in 2012 and Beijing in 2008, according to data from STR. During the month of August, Rio de Janeiro hotels posted a 199.2 per cent surge in average daily rate to BRL1,250. Tue, 11 Oct 2016 09:59:13 +0000 https://www.breakingtravelnews.com/news/article/fiji-hotel-tourism-association-partners-with-str/ https://www.breakingtravelnews.com/news/article/fiji-hotel-tourism-association-partners-with-str/ STR has partnered with the Fiji Hotel & Tourism Association to advance performance growth for the hotel industry in the destination. “We have great expectations for our partnership with the FHTA,” said Jesper Palmqvist, STR area director for the Asia Pacific region. Tue, 27 Sep 2016 08:31:36 +0000 https://www.breakingtravelnews.com/news/article/str-reveals-positive-impact-of-nfl-on-american-hospitality/ https://www.breakingtravelnews.com/news/article/str-reveals-positive-impact-of-nfl-on-american-hospitality/ The National Football League has generated an average impact of US$75 million on hotel room revenue during the past eight seasons, according to a study by STR’s consulting and analytics division. In 2015, the NFL had a net impact of US$77 million on hotel room revenue. For the purposes of its analysis, STR matched every NFL game since 2008 with its respective home city to determine the impact on local hotels. Thu, 15 Sep 2016 20:45:02 +0000 https://www.breakingtravelnews.com/news/article/str-mecca-leads-way-in-ramadan-hospitality-bookings/ https://www.breakingtravelnews.com/news/article/str-mecca-leads-way-in-ramadan-hospitality-bookings/ An STR analysis of the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room during the first two weeks of the holiday. STR compared preliminary daily data for six hotel markets in the Middle East from June 6th-20th, 2016, with the June 18th through July 2nd Ramadan time period last year. Tue, 28 Jun 2016 12:03:05 +0000 https://www.breakingtravelnews.com/news/article/str-warns-of-strong-headwinds-in-brexit-vote/ https://www.breakingtravelnews.com/news/article/str-warns-of-strong-headwinds-in-brexit-vote/ The United Kingdom’s hotel industry is in the midst of 30 consecutive months of moving average revenue-per-available-room growth. However, the industry could face strong headwinds for future growth if voters approve a measure to exit the European Union today, according to STR. Thu, 23 Jun 2016 09:06:50 +0000 https://www.breakingtravelnews.com/news/article/str-acquires-lj-research-for-undisclosed-sum/ https://www.breakingtravelnews.com/news/article/str-acquires-lj-research-for-undisclosed-sum/ STR, a data benchmarking and analytics specialist, has acquired LJ Research, a full-service market research agency. The acquisition will enable STR to provide more comprehensive solutions to clients, particularly in the government, tourism and destination verticals. Wed, 22 Jun 2016 15:28:00 +0000 https://www.breakingtravelnews.com/news/article/str-cairo-leads-african-hotel-development/ https://www.breakingtravelnews.com/news/article/str-cairo-leads-african-hotel-development/ Cairo and Cape Town’s hotel markets have experienced strong performances over the past five years, according to figures from data and analytics specialist STR. Despite political turmoil, Cairo is starting to recover and the compound of annual growth rate for revenue per available room was up 14.9 per cent for the 2011 to 2015 time period. Tue, 14 Jun 2016 15:26:09 +0000 https://www.breakingtravelnews.com/news/article/timmons-takes-up-operations-role-at-str/ https://www.breakingtravelnews.com/news/article/timmons-takes-up-operations-role-at-str/ Data and analytics specialist STR has named Jon Timmons as the company’s new chief operations officer. Timmons joins STR after a four-year stint at eviCore health care. His first two years with the company were split between director of business intelligence and data warehousing, then he became vice president for technology with a focus on enterprise data management. Mon, 16 May 2016 09:09:43 +0000 https://www.breakingtravelnews.com/news/article/str-reveals-strong-increase-in-mexican-hotel-revpar/ https://www.breakingtravelnews.com/news/article/str-reveals-strong-increase-in-mexican-hotel-revpar/ The Mexican hotel industry reported mixed results in the three key performance metrics for the first quarter of 2016, according to data from STR released to coincide with Tianguis Turístico. Compared with quarter 2015, the Mexican hotel industry’s occupancy dipped 1.9 per cent to 63.8 per cent. However, a 21.6 per cent rise in average daily rate to MXN2,442.49 drove revenue per available room up 19.2 per cent to MXN1,557.11. Thu, 28 Apr 2016 10:01:37 +0000 https://www.breakingtravelnews.com/news/article/str-reveals-us-hotel-investors-spent-28bn-on-property-in-2014/ https://www.breakingtravelnews.com/news/article/str-reveals-us-hotel-investors-spent-28bn-on-property-in-2014/ Hotel investors spent $27.8 billion on property acquisitions and developments in the United States during 2014, according to the Hotel Transaction Almanac and the Hotel Development Almanac compiled by STR Analytics. During the year, $18.5 billion in hotels changed hands while another $9.3 billion in new hotel projects opened their doors. Fri, 27 Mar 2015 11:02:41 +0000 https://www.breakingtravelnews.com/news/article/ramadan-fails-to-shake-dubai-hospitality-market/ https://www.breakingtravelnews.com/news/article/ramadan-fails-to-shake-dubai-hospitality-market/ Hotels in Dubai, United Arab Emirates, performed nearly in sync during Ramadan 2014 compared with Ramadan 2013, according to STR Global. The shift of Ramadan impacts travel patterns which in turn affected overall hotel performance in Dubai. Wed, 10 Sep 2014 09:44:10 +0000 https://www.breakingtravelnews.com/news/article/str-global-records-positive-trend-for-london-hotel-market/ https://www.breakingtravelnews.com/news/article/str-global-records-positive-trend-for-london-hotel-market/ Preliminary data from STR Global for March suggest London hotels showed positive growth in the key performance indicators, with a 0.8 per cent increase in occupancy, to 79.9 per cent, recorded. Supply of hotel rooms increased 1.1 per cent, while demand increased 1.9 per cent), and the average daily room rate increased 7.7 per cent to £132.88 when compared to a year earlier. Fri, 11 Apr 2014 08:37:16 +0000 https://www.breakingtravelnews.com/news/article/athens-hospitality-market-on-road-to-recovery/ https://www.breakingtravelnews.com/news/article/athens-hospitality-market-on-road-to-recovery/ Hotels in Athens reported significant performance improvement in 2013, according to data from STR Global and GBR Consulting. The market saw strong growth after the 2004 Olympic Games with significant increases in occupancy and average daily rate. Wed, 09 Apr 2014 10:30:28 +0000 https://www.breakingtravelnews.com/news/article/kazakhstan-leads-european-hotel-grow/ https://www.breakingtravelnews.com/news/article/kazakhstan-leads-european-hotel-grow/ The Europe hotel development pipeline comprises 816 hotels totalling 134,819 rooms, according to the August 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage. Fri, 13 Sep 2013 14:01:03 +0000 https://www.breakingtravelnews.com/news/article/promising-future-for-africa-despite-challenges/ https://www.breakingtravelnews.com/news/article/promising-future-for-africa-despite-challenges/ Latest analysis by STR Global, leading provider of data on the hotel industry, reveals that despite high levels of inflation and political uncertainty, Africa is proving that it is a growing tourist and business destination as hotels in a number of key markets are reporting performance increases for year-to-date (YTD) June 2013. Fri, 02 Aug 2013 00:00:56 +0000 https://www.breakingtravelnews.com/news/article/us-hotel-occupancy-up-3.6-week-ending-february-2nd-2013/ https://www.breakingtravelnews.com/news/article/us-hotel-occupancy-up-3.6-week-ending-february-2nd-2013/ The U.S. hotel industry reported increases in the three key performance metrics during the week of 27 January-2 February 2013, according to data from STR. Wed, 13 Feb 2013 00:30:14 +0000 https://www.breakingtravelnews.com/news/article/47-hotels-6121-rooms-opened-in-the-central-and-south-america-during-2012/ https://www.breakingtravelnews.com/news/article/47-hotels-6121-rooms-opened-in-the-central-and-south-america-during-2012/ Among the Chain Scale segments, the Upscale segment added the most new rooms in 2012 with 11 hotels and 2,017 rooms. Four other segments reported more than 500 new rooms in 2012: the Upper Upscale segment (three hotels with 1,849 rooms); the Upper Midscale segment (seven properties with 907 rooms); the Midscale segment (17 hotels with 601 rooms); and the Independent segment (seven hotels with 539 rooms). Sat, 19 Jan 2013 19:00:46 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-strong-london-hotel-sector-during-olympic-games/ https://www.breakingtravelnews.com/news/article/str-global-reports-strong-london-hotel-sector-during-olympic-games/ STR Global is reporting a positive performance from London hotels during the 2012 London Olympic Games. From July 27th until August 5th 2012, hoteliers across London reported 87.7 per cent occupancy and £216.42 average room rate. Thu, 09 Aug 2012 13:11:23 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-occupancy-up-for-week-ending-july-28/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-occupancy-up-for-week-ending-july-28/ The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 22-28 July 2012, according to data from STR. Tue, 07 Aug 2012 05:00:38 +0000 https://www.breakingtravelnews.com/news/article/str-global-strong-occupancy-rates-at-london-hotels/ https://www.breakingtravelnews.com/news/article/str-global-strong-occupancy-rates-at-london-hotels/ STR Global is reporting hoteliers across London saw 84.4 per cent occupancy during the first two days of the Olympics - July 27th-29th. Properties in the capital also reported average room rates of £224.72. Wed, 01 Aug 2012 11:54:39 +0000 https://www.breakingtravelnews.com/news/article/summer-forecast-predicts-strong-us-hotel-performance/ https://www.breakingtravelnews.com/news/article/summer-forecast-predicts-strong-us-hotel-performance/ The U.S. hotel industry is expected to report strong performance results in summer 2012, according to STR’s summer forecast. Occupancy for June, July and August is expected to rise 1.8 percent to 69.0 percent, average daily rate to increase 3.9 percent to US$106.64 and revenue per available room to increase 5.7 percent to US$73.59. Sun, 06 May 2012 13:30:40 +0000 https://www.breakingtravelnews.com/news/article/saudi-arabian-markets-lead-gccs-revpar-growth-in-q1/ https://www.breakingtravelnews.com/news/article/saudi-arabian-markets-lead-gccs-revpar-growth-in-q1/ During the first quarter of 2012, the major markets across the Gulf Cooperation Council (GCC) reported mixed results in revenue per available room (RevPAR) following mostly positive performance for year-end 2011, according to hotel market data provider STR Global. Sat, 28 Apr 2012 09:00:32 +0000 https://www.breakingtravelnews.com/news/article/booming-hotel-sector-in-south-africa/ https://www.breakingtravelnews.com/news/article/booming-hotel-sector-in-south-africa/ South Africa saw revenue per available room increase by 13.6 per cent for the first two months of this year, reaching ZAR542.07, according to the latest results from STR Global. The provider of market data to the hotel industry tracks more than 40,400 rooms across the country. Fri, 06 Apr 2012 07:37:43 +0000 https://www.breakingtravelnews.com/news/article/berlin-hotel-demand-set-to-grow-6-in-2012/ https://www.breakingtravelnews.com/news/article/berlin-hotel-demand-set-to-grow-6-in-2012/ The European hotel market reported overall positive revenue per available room growth 12-months to January, according to hotel data provider STR Global. Despite the economic conditions a majority of the 157 cities and destinations tracked in Europe, only 15 saw declining demand while demand growth is expected in Berlin, London and Vienna in 2012. Tue, 06 Mar 2012 08:53:50 +0000 https://www.breakingtravelnews.com/news/article/qatar-records-positive-hotel-performance-for-2011/ https://www.breakingtravelnews.com/news/article/qatar-records-positive-hotel-performance-for-2011/ Qatar has recorded positive hotel performance results in 2011 according to STR Global, reflecting increasing demand and interest in business and tourism as it prepares to host the 2022 World Cup. Occupancy remained stable last year edging 0.4 per cent higher from 2010 while average daily rates increased 0.7 per cent STR Global said. Thu, 16 Feb 2012 09:18:45 +0000 https://www.breakingtravelnews.com/news/article/str-global-adds-to-india-coverage-reveals-updated-india-hotel-data/ https://www.breakingtravelnews.com/news/article/str-global-adds-to-india-coverage-reveals-updated-india-hotel-data/ India’s hotel industry showed overall year-to-date (YTD) November 2011 growth in performance data and the supply pipeline, STR Global announced today in conjunction with the start of the Hotel Investment Forum India (HIFI) conference in Mumbai. In addition, London-based STR Global, the leading provider of market data to the hotel industry, is pleased to announce today at HIFI the appointment of Dhritiman Mukherjee as Business Development Manager. Sat, 14 Jan 2012 05:00:28 +0000 https://www.breakingtravelnews.com/news/article/us-hotel-occupancy-rises-in-december/ https://www.breakingtravelnews.com/news/article/us-hotel-occupancy-rises-in-december/ The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 December 2011, according to data from STR. Sat, 31 Dec 2011 12:58:49 +0000 https://www.breakingtravelnews.com/news/article/str-announces-hotel-results-for-middle-east-africa/ https://www.breakingtravelnews.com/news/article/str-announces-hotel-results-for-middle-east-africa/ The Middle East/Africa region reported mostly negative performance results during November 2011 when reported in U.S. dollars, according to data compiled by STR. Wed, 28 Dec 2011 09:19:29 +0000 https://www.breakingtravelnews.com/news/article/hotels-in-abu-dhabi-see-boom-during-f1-grand-prix/ https://www.breakingtravelnews.com/news/article/hotels-in-abu-dhabi-see-boom-during-f1-grand-prix/ Hotel occupancy in Abu Dhabi during the Etihad Airways Formula 1 Grand Prix improved when compared to last year, according to the latest statistics from STP Global. However, figures remained below peaks reached during the inaugural 2009 event – despite performances from artists as diverse as Britney Spears and Paul McCartney during a spectacular weekend of entertainment.  Fri, 18 Nov 2011 07:37:52 +0000 https://www.breakingtravelnews.com/news/article/str-global-expands-to-india/ https://www.breakingtravelnews.com/news/article/str-global-expands-to-india/ STR Global is expanding its worldwide operations to India. In partnership with Horwath HTL-India, the new operation includes the appointment of a Business Development Manager based in the offices of Horwath HTL-India in Mumbai. Tue, 11 Oct 2011 16:02:26 +0000 https://www.breakingtravelnews.com/news/article/str-us-hotel-results-week-ending-24-september-2011/ https://www.breakingtravelnews.com/news/article/str-us-hotel-results-week-ending-24-september-2011/ The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 September 2011, according to data from STR. Mon, 03 Oct 2011 13:00:27 +0000 https://www.breakingtravelnews.com/news/article/str-analytics-launches-datacast-a-new-forecasting-tool/ https://www.breakingtravelnews.com/news/article/str-analytics-launches-datacast-a-new-forecasting-tool/ STR Analytics announces the release of DataCast, a report that alters the landscape of hotel forecasting methodology by allowing the user to adjust the forecast to better evaluate market potential. Thu, 01 Sep 2011 17:00:20 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-improving-market-conditions-in-belgium/ https://www.breakingtravelnews.com/news/article/str-global-reports-improving-market-conditions-in-belgium/ The Belgium hotel market has seen modest but positive changes in revenue per available room (RevPAR) across all significant markets during the first half of 2011, reports STR Global, the leading provider of market data to the world’s hotel industry. Wed, 17 Aug 2011 23:00:19 +0000 https://www.breakingtravelnews.com/news/article/philip-wooller-appointed-head-of-str-global-in-dubai/ https://www.breakingtravelnews.com/news/article/philip-wooller-appointed-head-of-str-global-in-dubai/ STR Global, the provider of market data to the world’s hotel industry, is pleased to announce the appointment of Philip Wooller as Area Director Middle East and Africa with immediate effect. Based in Dubai, Wooller will have responsibility for sales and business development across the region. Wed, 10 Aug 2011 15:00:16 +0000 https://www.breakingtravelnews.com/news/article/pata-and-str-global-link-up/ https://www.breakingtravelnews.com/news/article/pata-and-str-global-link-up/ The Pacific Asia Travel Association (PATA) has entered a partnership with STR Global, as part of PATA’s new strategic direction to “Build the Business” for members. PATA members will benefit by receiving access to accommodation sector indicators that will enable better decision making. Mon, 06 Jun 2011 13:49:21 +0000 https://www.breakingtravelnews.com/news/article/canadian-hotels-report-2.0-increase-in-occupancy-week-ending-23-april-2011/ https://www.breakingtravelnews.com/news/article/canadian-hotels-report-2.0-increase-in-occupancy-week-ending-23-april-2011/ None of the provinces reported increases in occupancy for the week. Nova Scotia fell 31.3 percent in occupancy to 44.9 percent, followed by New Brunswick (-26.4 percent to 43.5 percent) and Newfoundland (-20.6 percent to 59.7 percent). Fri, 29 Apr 2011 17:00:24 +0000 https://www.breakingtravelnews.com/news/article/baird-str-hotel-stock-index-down-4.9-in-march/ https://www.breakingtravelnews.com/news/article/baird-str-hotel-stock-index-down-4.9-in-march/ The Baird/STR Hotel Stock Index ended March with a 4.9-percent decrease to 2,294. During the first quarter of 2011 the index was down 3.0 percent. The Hotel Stock Index ended 2010 at 2,364. Tue, 12 Apr 2011 14:45:52 +0000 https://www.breakingtravelnews.com/news/article/str-us-hotel-performance-26-march-2011/ https://www.breakingtravelnews.com/news/article/str-us-hotel-performance-26-march-2011/ The U.S. hotel industry’s average daily rate increased by more than 4 percent for the first time in 2011 during the week of 20-26 March 2011, according to data from STR. Tue, 05 Apr 2011 14:00:40 +0000 https://www.breakingtravelnews.com/news/article/str-us-hotel-performance-week-ending-12-march-2011/ https://www.breakingtravelnews.com/news/article/str-us-hotel-performance-week-ending-12-march-2011/ The U.S. hotel industry reported increases in all three key performance metrics during the week of 6-12 March 2011, according to data from STR. Mon, 21 Mar 2011 11:23:16 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-4-december/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-4-december/ The U.S. hotel industry reported increases in all three key performance metrics during the week of 28 November-4 December 2010, according to data from STR. Tue, 14 Dec 2010 16:22:37 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-27-november/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-27-november/ The U.S. hotel industry reported increases in all three key performance metrics during the week of 21-27 November 2010, according to data from STR. Mon, 06 Dec 2010 15:33:39 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-2-october/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-2-october/ The U.S. hotel industry reported increases in all three key performance metrics during the week of 26 September-2 October 2010, according to data from STR. Mon, 11 Oct 2010 11:48:36 +0000 https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-august-2010/ https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-august-2010/ The Caribbean/Mexico hotel development pipeline comprises 132 hotels totaling 16,870 rooms, according to the August 2010 STR/TWR/Dodge Construction Pipeline Report released this week. Tue, 21 Sep 2010 15:53:23 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-august-2010-asia-pacific-hotel-pipeline/ https://www.breakingtravelnews.com/news/article/str-global-reports-august-2010-asia-pacific-hotel-pipeline/ The Asia/Pacific hotel development pipeline comprises 1,037 hotels totalling 255,208 rooms, according to the August 2010 STR Global Construction Pipeline Report released this week. Tue, 21 Sep 2010 15:52:54 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-11-september/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-11-september/ The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 5-11 September 2010, according to data from STR. Mon, 20 Sep 2010 10:29:14 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-28-august/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-28-august/ The U.S. hotel industry reported increases in all three key performance measurements during the week of 22-28 August 2010, according to data from STR. Tue, 07 Sep 2010 14:44:31 +0000 https://www.breakingtravelnews.com/news/article/hotel-industry-leading-indicator-flattens/ https://www.breakingtravelnews.com/news/article/hotel-industry-leading-indicator-flattens/ The U.S. Hotel Industry Leading Indicator, or HIL, increased 0.2 percent during July after going down 0.5 percent during June, according to research firm e-forecasting.com in conjunction with Smith Travel Research. Mon, 06 Sep 2010 16:20:45 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-14-august/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-14-august/ The U.S. hotel industry reported increases in all three key performance measurements during the week of 8-14 August 2010, according to data from STR. Mon, 23 Aug 2010 10:02:34 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-europe-hotel-pipeline-for-july-2010/ https://www.breakingtravelnews.com/news/article/str-global-reports-europe-hotel-pipeline-for-july-2010/ The Europe hotel development pipeline comprises 678 hotels totalling 118,126 rooms, according to the June 2010 STR Global Construction Pipeline Report released this week. The region reported 314 projects in the In Construction phase with 58,577 rooms. Fri, 20 Aug 2010 16:03:08 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-central-south-america-hotel-pipeline-for-july-2010/ https://www.breakingtravelnews.com/news/article/str-global-reports-central-south-america-hotel-pipeline-for-july-2010/ The Central/South America hotel development pipeline comprises 133 hotels totalling 20,770 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week. Fri, 20 Aug 2010 15:42:28 +0000 https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-july-2010/ https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-july-2010/ The Caribbean/Mexico hotel development pipeline comprises 137 hotels totaling 17,208 rooms, according to the July 2010 STR/TWR/Dodge Construction Pipeline Report released this week. Fri, 20 Aug 2010 15:41:01 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-july-2010-asia-pacific-hotel-pipeline/ https://www.breakingtravelnews.com/news/article/str-global-reports-july-2010-asia-pacific-hotel-pipeline/ Asia/Pacific hotel development pipeline comprises 1,029 hotels totalling 256,060 rooms, according to the July 2010 STR Global Construction Pipeline Report released this week. Fri, 20 Aug 2010 15:39:43 +0000 https://www.breakingtravelnews.com/news/article/beirut-blossoms-new-hotels-open-at-right-time/ https://www.breakingtravelnews.com/news/article/beirut-blossoms-new-hotels-open-at-right-time/ The latest hotels in Beirut could not have timed their entrance to the market much better. Tue, 17 Aug 2010 12:53:22 +0000 https://www.breakingtravelnews.com/news/article/str-releases-optimistic-forecast-for-2010-2011/ https://www.breakingtravelnews.com/news/article/str-releases-optimistic-forecast-for-2010-2011/ The U.S. hotel industry is projected to end 2010 with increases in two of the three key performance measurements, according to STR’s forecast update. Thu, 12 Aug 2010 18:40:45 +0000 https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-31-july/ https://www.breakingtravelnews.com/news/article/str-reports-us-hotel-performance-for-week-ending-31-july/ The U.S. hotel industry reported increases in all three key performance measurements during the week of 25-31 July 2010, according to data from STR. Mon, 09 Aug 2010 15:32:33 +0000 https://www.breakingtravelnews.com/news/article/str-global-posts-middle-east-africa-june-2010-results/ https://www.breakingtravelnews.com/news/article/str-global-posts-middle-east-africa-june-2010-results/ The Middle East/Africa region reported favourable results in the three key performance measurements for June 2010 when reported in U.S. dollars, according to data compiled by STR Global. Mon, 26 Jul 2010 16:01:17 +0000 https://www.breakingtravelnews.com/news/article/str-global-posts-june-2010-results-for-europe/ https://www.breakingtravelnews.com/news/article/str-global-posts-june-2010-results-for-europe/ The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for June 2010, according to data compiled by STR Global. Mon, 26 Jul 2010 15:57:21 +0000 https://www.breakingtravelnews.com/news/article/str-global-posts-june-2010-results-for-asia-pacific-region/ https://www.breakingtravelnews.com/news/article/str-global-posts-june-2010-results-for-asia-pacific-region/ Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for June 2010 when reported in U.S. dollars, according to data compiled by STR Global. Mon, 26 Jul 2010 15:21:11 +0000 https://www.breakingtravelnews.com/news/article/str-global-posts-americas-results-for-june-2010/ https://www.breakingtravelnews.com/news/article/str-global-posts-americas-results-for-june-2010/ The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for June 2010, according to data compiled by STR and STR Global. Mon, 26 Jul 2010 15:06:20 +0000 https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-week-ending-10-july-2010/ https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-week-ending-10-july-2010/ The U.S. hotel industry reported positive results in all three key performance measurements during the week of 4-10 July 2010, according to data from STR. Mon, 19 Jul 2010 11:03:36 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-middle-east-africa-hotel-pipeline-for-may-2010/ https://www.breakingtravelnews.com/news/article/str-global-reports-middle-east-africa-hotel-pipeline-for-may-2010/ The Middle East/Africa hotel development pipeline comprises 468 hotels totalling 127,938 rooms, according to the May 2010 STR Global Construction Pipeline Report released this week. Mon, 21 Jun 2010 15:19:44 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-europe-hotel-pipeline-for-may-2010/ https://www.breakingtravelnews.com/news/article/str-global-reports-europe-hotel-pipeline-for-may-2010/ The Europe hotel development pipeline comprises 679 hotels totalling 117,996 rooms, according to the May 2010 STR Global Construction Pipeline Report released this week. Mon, 21 Jun 2010 15:17:02 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-central-south-america-hotel-pipeline-for-may-2010/ https://www.breakingtravelnews.com/news/article/str-global-reports-central-south-america-hotel-pipeline-for-may-2010/ The Central/South America hotel development pipeline comprises 133 hotels totalling 21,276 rooms, according to the May 2010 STR Global Construction pipeline report released this week. Mon, 21 Jun 2010 15:15:01 +0000 https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-may-2010/ https://www.breakingtravelnews.com/news/article/str-reports-caribbean-mexico-hotel-pipeline-for-may-2010/ The Caribbean/Mexico hotel development pipeline comprises 133 hotels totaling 17,172 rooms, according to the May 2010 STR/TWR/Dodge Construction Pipeline Report released this week. Mon, 21 Jun 2010 15:14:19 +0000 https://www.breakingtravelnews.com/news/article/str-global-reports-may-2010-asia-pacific-hotel-pipeline/ https://www.breakingtravelnews.com/news/article/str-global-reports-may-2010-asia-pacific-hotel-pipeline/ The Asia/Pacific hotel development pipeline comprises 1,004 hotels totalling 253,815 rooms, according to the May 2010 STR Global Construction Pipeline Report released this week. Mon, 21 Jun 2010 15:11:53 +0000 https://www.breakingtravelnews.com/news/article/str-reports-european-hotel-pipeline/ https://www.breakingtravelnews.com/news/article/str-reports-european-hotel-pipeline/ The Europe hotel development pipeline comprises 679 hotels totalling 117,996 rooms, according to the May 2010 STR Global Construction Pipeline Report released this week. Mon, 21 Jun 2010 12:43:16 +0000 https://www.breakingtravelnews.com/news/article/hotel-industry-pulse-index-advances-for-fourth-consecutive-month/ https://www.breakingtravelnews.com/news/article/hotel-industry-pulse-index-advances-for-fourth-consecutive-month/ After increasing 1.8 percent during April, the Hotel Industry Pulse Index advanced 2.1 percent during May, according to economic research firm e-forecasting.com in conjunction with STR. Mon, 14 Jun 2010 10:43:42 +0000 https://www.breakingtravelnews.com/news/article/world-cup-boost-expected-for-south-african-hoteliers/ https://www.breakingtravelnews.com/news/article/world-cup-boost-expected-for-south-african-hoteliers/ South Africa will welcome the world when the FIFA World Cup kicks off 11 June 2010. Fri, 11 Jun 2010 16:52:00 +0000 https://www.breakingtravelnews.com/news/article/the-u.s.-hotel-industry-is-projected-to-end-2010-with-increases-in-two-of-t/ https://www.breakingtravelnews.com/news/article/the-u.s.-hotel-industry-is-projected-to-end-2010-with-increases-in-two-of-t/ The U.S. hotel industry is projected to end 2010 with increases in two of the three key performance measurements, according to STR’s monthly forecast update. Wed, 09 Jun 2010 16:27:36 +0000 https://www.breakingtravelnews.com/news/article/baird-str-hotel-stock-index-falls-11.3-percent-during-may/ https://www.breakingtravelnews.com/news/article/baird-str-hotel-stock-index-falls-11.3-percent-during-may/ Wisconsin-The newly launched Baird/STR Hotel Stock Index ended May at 1619.749, an 11.3-percent decrease for the month and a 17.4-percent increase for year-to-date 2010. Mon, 07 Jun 2010 11:53:14 +0000 https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-april-2010/ https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-april-2010/ The U.S. hotel industry posted mixed results in the three key performance measurements during April 2010, according to data from STR. Mon, 24 May 2010 12:55:48 +0000 https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-middle-east-africa/ https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-middle-east-africa/ The Middle East/Africa region reported increases in all three key measurements for March 2010 when reported in U.S. dollars, according to data compiled by STR Global. Mon, 26 Apr 2010 10:26:05 +0000 https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-europe-march-2010/ https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-europe-march-2010/ The European hotel industry posted generally favourable results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for March 2010, according to data compiled by STR Global. Mon, 26 Apr 2010 10:24:44 +0000 https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-asia-pacific-march/ https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-asia-pacific-march/ Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for March 2010 when reported in U.S. dollars, according to data compiled by STR Global. Mon, 26 Apr 2010 10:22:55 +0000 https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-the-americas-march/ https://www.breakingtravelnews.com/news/article/str-global-releases-global-hotel-performance-results-for-the-americas-march/ The Americas region recorded mixed results in the three key performance metrics when reported in U.S. dollars for March 2010, according to data compiled by STR and STR Global. Mon, 26 Apr 2010 10:21:31 +0000 https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-week-ending-10-april/ https://www.breakingtravelnews.com/news/article/u.s.-hotel-performance-for-week-ending-10-april/ The U.S. hotel industry reported mixed results in the three key performance measurements during the week of 4-10 April 2010, according to data from STR. Tue, 20 Apr 2010 12:29:33 +0000