STR
“75% of the rooms around the country are empty”
Due to the ongoing effects of the COVID-19 pandemic the US hotel industry reported significant year-over-year declines in the three
The impact of COVID-19 on hotel occupancy in APAC
Reflecting the effects of the COVID-19 pandemic, hotels in the Asia Pacific region reported a significant decline in occupancy but
Global chains lead Europe in hotel net unit growth
Accor’s portfolio of brands led Europe in hotel room Net Unit Growth (NUG) in 2019, while Oyo Hotels & Homes
A mixed bag for hotel performance in the Middle East
According to new data from, from STR, hotels in the Middle East reported mixed January 2020 performance results, while hotels
Sustainable travel and climate change on mind of tourists
Findings of a survey conducted by STR’s Tourism Consumer Insights team revealed the importance of sustainable tourism as well as
China hotel performance could recover quickly: STR
Amid the current outbreak of coronavirus (COVID-19), leading market research firm STR analysed historical data for China and found that
Barcelona hotel bookings drop after Mobile World Congress cancellation
Business on the books has dropped roughly 25% in select Barcelona hotels since the announced cancellation of the Mobile World
Berlin hotels post record-breaking year
Berlin’s hotel industry reached its highest levels in occupancy and revenue per available room (RevPAR) despite the uncertainty around an
STR: The initial impact of coronavirus on hotel occupancy in China during CNY
Industry analytics firm STR has released data measuring the initial impact of novel coronavirus (2019-nCoV) on hotel occupancy in Mainland
US hospitality: “Revenue growth is not keeping up with rising costs”
The US hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in revenue per available room
China’s hotel markets remain strong amidst US trade war
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 and Resorts to grow its Saudi Arabia footprint
Millennium Hotels & Resorts has revealed development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.
Preferred Hotels announces first Independent Hotel Day
Preferred Hotels & Resorts declared 22 October as Independent Hotel Day to celebrate and raise awareness of authentic and unique
German hotel markets to see higher RevPAR in 2020
Ahead of this week’s EXPO REAL trade fair, STR has conducted an analysis of the correlation of growth in Germany’s
CoStar Group to acquire STR
CoStar Group, a provider of commercial real estate information and analytics, has entered into an agreement to acquire STR, a
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