STR: February U.S. hotel rates and occupancy climb - Average U.S. hotel revenue per available room and daily rates in February 2023 again topped pre-pandemic benchmarks.
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Hotel performance growth slow, steady - Hotel industry performance in the U.S. and in markets around the globe is improving slowly but steadily, according to the latest STR data.
Mar 14, 2023 • Hospitality
Hotel rates in Asia are skyrocketing - Rates have climbed more than 45% in destinations that are attracting the most Chinese travelers.
Mar 6, 2023 • Hospitality
Accor RevPar 2022 exceeds 2019 on higher rates - The company reported an “excellent” fourth quarter that lifted full-year 2022 revenue per available room above pre-pandemic levels.
Feb 24, 2023 • Hospitality
U.S. hotel performance decline continues in January - January U.S. hotel occupancy was 52.8%, down slightly from 53.6% the month prior and 3 percent below 2019 levels.
Feb 23, 2023 • Hospitality
InterContinental Hotels predicts full travel recovery by 2024 - As air capacity comes back to China for international travel, there’ll be significant outbound travel.
Feb 22, 2023 • Hospitality
STR: Top hospitality industry challenges and strengths - The Hospitality Industry Sentiment survey is STR’s first longitudinal study of hotel and travel industry professionals.
Feb 20, 2023 • Hospitality
Europe sees increase in new hotel projects - Major global hotel companies are moving forward with their expansion plans in Europe despite economic worries.
Feb 16, 2023 • Hospitality
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