Search results for “STR”
STR: How will U.S. hotel industry be like in the new year?
01/04/2021|5:19:23 PM|
STR projects ADR growth of just over 5% in 2021 and likely the same or a more subdued pace going forward.
STR monitors a rise in China hotel booking
05/18/2020|3:26:24 PM|
China’s major cities shows both business and leisure travel is resuming.
STR reports gradual recovery in China market
05/13/2020|6:56:28 PM|
Over the last seven-to-ten days, and the Labour Day weekend, occupancy returned to 50% in some areas
China is much closer to recovering hotel ADR than Europe, US
12/22/2020|12:28:07 PM|
Supply growth in China slowed this year even after demand improved toward pre-pandemic levels. Europe and the U.S. will likely experience a similar trend.
APAC hotel markets show continued signs of recovery
10/26/2020|3:39:12 PM|
In September, 70% or better occupancy levels were registered in key China markets such as Sanya, Shenzhen, Chengdu and Xi’an, and these markets were showing year-over-year growth in the metric.
STR hotel data giant sold to CoStar Group for $450M
10/02/2019|2:19:12 PM|
STR currently gets data from around 65,000 hotels in 180 countries around the world, which then feeds into its core STARreport service.
What global hoteliers need to learn from China’s hotel recovery and hiccup
06/30/2020|5:20:49 PM|
Mainland China’s average hotel occupancy bottomed at 7 percent in early February but rebounded to as high as 52 percent the week of June 13.
Hotels on road to recovery in China
05/27/2020|11:12:36 AM|
Zhengzhou’s hotel occupancy rates, according to STR, have gone from 25% to 60% in just six weeks.
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