STR

The US hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in revenue per available room (RevPAR) since the current cycle began in 2010,…

Global analytics and benchmarking company STR has reported that China's hotel markets are projected to grow in 2020 despite a challenging macroeconomic environment. 

Millennium Hotels & Resorts has revealed development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.

Preferred Hotels & Resorts declared 22 October as Independent Hotel Day to celebrate and raise awareness of authentic and unique hotels around the world. This global movement…

Ahead of this week’s EXPO REAL trade fair, STR has conducted an analysis of the correlation of growth in Germany’s GDP and hotel revenue per available room (RevPAR). Furthermore, forecasts…

CoStar Group, a provider of commercial real estate information and analytics, has entered into an agreement to acquire STR, a leader in data benchmarking, analytics and marketplace…

Revenue per available room (RevPAR), the key hotel industry performance metric, has grown for 87 consecutive months amid a period of low supply growth and strong demand, according to…

Most key hotel markets in Florida, especially those in coastal areas, saw significant demand declines as Hurricane Dorian threatened the south eastern seaboard, according to an analysis…

Hotels in Hong Kong are witnessing all-time low occupancy levels as ongoing protests continue to cripple the territory’s tourism economy. This was revealed by STR’s preliminary August…

Hotels in Dubai witnessed significant growth in demand (room nights sold) in August but performance levels remained low due to pressure from increased supply. This was revealed by STR…

The US hotel industry reported positive year-over-year results in the three key performance metrics during the week of 18-24 August 2019, according to data from STR. According to the…

Hotels in the Asia Pacific region reported mostly negative results across the three key performance metrics during July 2019, according to data from STR. The average occupancy across the…

Performance growth projections for the U.S. hotel industry have been downgraded to 1.6% for 2019 and 1.1% for 2020, according to STR and Tourism Economics’ latest forecast just released at…

Europe’s hospitality industry has reported positive results with an ever-increasing number of hotels being constructed this year, according to the latest data from STR. The company’s…

On the back of both major sporting fixtures, London’s hotels have witnessed an average room rate rise. Revenue per available room (RevPAR) in London’s hotels rose 6% in Q2 2019 with…

The 11th annual Hotel Data Conference (HDC), presented by Rainmaker, has reached capacity status with a record 725 registered attendees for the event on 14-16 August at the JW Marriott…

According to new data, hotel performance in APAC shows negative results across the three key performance metrics during the second quarter of 2019.

The US hotel industry reported mostly negative results in the three key performance metrics during June 2019, according to data from STR. In a year-on-year comparison with June 2018, the…

With a strong hotel pipeline and a declining tourism demand, one of Asia's leading resort destinations Phuket looks set to weather a perfect storm.

STR, a data provider for the global hospitality sector, has reported that pipeline data for the US showed 1,575 hotel projects accounting for 203,890 rooms in construction as of April 2019.

Industry analyst STR has revealed that the Accor and Marriott International brands have the highest number of rooms in the hospitality market in the Middle East.