STR

Canada’s hotel industry hits new record

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to…

Key Middle East hotel markets see improved profits

According to hospitality data provider STR, among the key hotel markets in Middle East and Africa, Jordan and Qatar realised…

US hotels show strong performance in May

STR’s industry data shows growth for US hotels in May 2023 rising above the country’s April performance. The average daily…

London hotel RevPAR highest since October 2022, says STR

In May 2023, London's hotels saw their highest revenue per available room (RevPAR) since October 2022, according to hospitality benchmarking…

US hotels to see limited profit growth in 2023

A forecast for the US hotel industry finds that while top-line performance is advancing, growing operating expenses are projected to…

Canada hotel occupancy at 5-month high in March 2023, says STR

Canada's hotel occupancy rate reached 62.6% in March 2023, a 4.2% rise since the same period in 2022, according to…

RevPAR for Bogotá’s hotel industry reaches record high in March 2023

An upsurge in business travel has contributed to Bogotá's hotel industry achieving its highest recorded average daily rate (ADR) and…