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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. 

 

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STR: Middle East/Africa hotel data for August 2017

Hotels in the Middle East reported occupancy fell 3.9% to 62.1% during the month, but a 7.4% ADR increase to $151.04 kept RevPAR growth positive (+3.2% to $93.84). Africa's hotel industry saw occupancy climb 2.9% to 61.2% while ADR rose 11.7% to $99.78 and RevPAR jumped 15% to $61.09.

STR: Canada hotel results for week ending 16 September

During the week of 10-16 September 2017, the Canadian hotel industry reported occupancy increased just 0.8% to 78.9%, while a 2.9% ADR lift to 169.40 Canadian dollars ($137.13) pushed RevPAR up 3.7% to CA$133.71 ($108.25).

STR: US hotel results for week ending 16 September

The U.S. hotel industry reported positive year-over-year performance during the week of 10-16 September 2017. Occupancy rose 0.5% to 72.2%, ADR increased 1.4% to $131.50 and RevPAR rose 1.8% to $94.97.

STR: US hotel performance for August 2017

During August 2017, the U.S. hotel industry reported occupancy rose 0.9% year over year to 70.7%, and a 1.6% ADR increase to $127.69 pushed RevPAR up 2.5% to $90.31.

STR: Central/South America pipeline for August 2017

In August, the Central/South America region reported 27,532 rooms in 171 hotel projects in construction, according to STR. The number of rooms is a 0.9% year-over-year decrease when compared to August 2016.

STR: US hotel pipeline for August 2017

The U.S. pipeline report from STR shows 192,132 rooms in 1,463 hotel projects in construction during August. The rooms total is a 12.9% increase over August 2016.

STR: Middle East/Africa hotel pipeline for August 2017

The Middle East region reported 98,027 rooms in 309 hotel projects in construction in August, which is a 17.2% year-over-year increase. Africa, meanwhile, reported 28,260 rooms in 160 hotels under construction during the month, which is a 5.6% decrease.

STR: Preliminary August data for Singapore hotels

Singapore's hotels reported mixed results in August 2017, according to STR's preliminary data for the month. While occupancy rose 1.7% to 85.9%, ADR fell 3.3% to 272.96 Singapore dollars ($202.56) and RevPAR decreased 1.7% to SG$234.52 ($174.04).

STR: Preliminary August data for Melbourne hotels

According to preliminary August 2017 data from STR, Melbourne hotels saw occupancy increase 2.5% year over year to 85.1%. ADR was flat at 176.51 Australian dollars ($141.62) and RevPAR rose 2.5% to AU$150.22 ($120.53).

STR: Preliminary August data for Munich hotels

Munich hotels reported positive year-over-year performance in August, according to preliminary monthly data from STR. Occupancy rose 3.8% to 76.8%, ADR increased just 0.2% to €113.93 ($135.96) and RevPAR rose 3.9% to €87.54 ($104.47).