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Mexican hotels see 50% drop-off

11 May 2009 Press Release Hotel News

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.

U.S. Hotel perfomance for March 2009

24 April 2009 Press Release Airline News

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

6 March 2009 Press Release Airline News

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.