Str News
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.
STR Global releases global hotel performance results for Asia/Pacific March 2010
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.
STR Global releases global hotel performance results for The Americas March 2010
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.
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.
STR reports Canada Hotel pipeline for March 2010
This represents a 2.5-percent decrease in the number of rooms in the pipeline compared to February 2010 and a 16.5-percent decrease in the number of rooms in the pipeline compared to March 2009.
STR: US hotel pipeline for March 2010
The total active U.S. hotel development pipeline includes 3,399 projects comprising 354,538 rooms, according to the March 2010 STR/TWR/Dodge Construction Pipeline Report released this week.
Stronger US Hotel Industry Forecast for 2010, 2011
STR predicts 2010 occupancy to increase 1.9 percent to 55.8 percent, average daily rate to decrease 2.3 percent to US$95.45, and revenue per available room to end the year virtually flat with a 0.5-percent decrease to US$53.22.
STR becomes an official supplier of England’s Word Cup bid
STR Global is delighted to announce an agreement to become an Official Supplier to England’s bid to host the 2018 FIFA World Cup.TM
STR Suggests Cautious Optimism For India Hotels Recovery
The health of India’s hotel industry is returning, as data from STR Global shows a concerted upward trend and recent positive year-on-year growth in revPAR.
Hotels in Asia Pacific Lead Global Occupancy Recovery
According to data compiled by STR Global, hotels in the Asia Pacific region experienced increases in all three key performance metrics for January 2010 when reported in U.S. dollar. In year-on-year measurements, the Asia Pacific region’s OR rose 13.9% to 61%, ADR increased 5.6% to US$130.75, and RevPAR jumped 20.3% to US$79.81.
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.