Str News
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.
Hospitality Tomorrow: STR reports gradual recovery in China 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.
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.
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.
London sees slight fall in hotel occupancy
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.
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.
CoStar Group to acquire STR for US$450m
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.
AHIF 2019: 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.
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.
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.
Robin Rossmann, managing director, STR
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.
AHIC 2018: AM:PM 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.