This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Close

PRESS RELEASES

STR launches self storage development report 

STR, Inc., the global leader of competitive benchmarking, information services and research for the hotel industry, has begun collecting development activity in the self storage industry.   

 

IHRSA and STR enter into strategic partnership

STR Sector Analysis, LLC and the International Health, Racquet & Sportsclub Association announced they have entered into a strategic partnership to gather, analyze and market data and information about the health club sector in the U.S. 

 

Powered by Hotel News Now

STR: Europe hotel performance for May 2017

The European hotel industry reported positive year-over-year performance metrics during May 2017. Occupancy rose 3.5% to 75.6%, ADR increased 4.8% to €114.35 ($127.85) and RevPAR jumped 8.5% to €86.47 ($96.68).

STR: Middle East/Africa hotel performance for May 2017

In May, the Middle East hotel industry reported occupancy 5.9% to 64.4%, ADR fell 2.5% to $150.47 and RevPAR dropped 8.2% to $96.88. Africa, on the other hand, despite posting a 0.9% occupancy dip to 55.2%, saw a 11.6% ADR increase to $99.20 drive a 10.5% RevPAR increase to $54.76.

STR: Canada hotel results for week ending 17 June

The Canadian hotel industry reported positive year-over-year performance results during the week of 11-17 June. Occupancy increased 1% to 74.6%, ADR rose 5.3% to CA$166.18 ($125.31) and RevPAR increased 6.3% to CA$124.02 ($93.52).

STR: Asia/Pacific hotel pipeline May 2017

The Asia/Pacific region reported 271,915 rooms in 1,189 projects in construction during May 2017, which based on the number of rooms is a 4.3% year-over-year increase.

STR: Preliminary May data for London hotels

London's hotel market reported occupancy rose 1.7% to 83.1% in May, according to preliminary data. ADR increased 7% to £153.04 ($194.91) and RevPAR rose 8.9% to £127.24 ($162.05).

STR: Preliminary May data for Sydney hotels

According to preliminary May data, hotels in Sydney reported occupancy rose 2.4% to 84.6%, ADR increased 7.9% to 215.06 Australian dollars ($161.97) and RevPAR jumped 10.5% to AU$181.92 ($137.01)

STR: Preliminary May data for Berlin hotels

Berlin hotels reported occupancy increased 2.1% to 81.4%, according to preliminary May data. ADR rose 5.8% to €105.41 ($117.80) and RevPAR increased 8.1% to €85.79 ($95.87).