Baird/STR Hotel Stock Index rose 5.2% in September

The Baird/STR Hotel Stock Index rose 5.2% in September to a level of 5,167. Year to date through the first nine months of 2021, the stock index was up 13.0%. 
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AFL and NRL Grand Final impacts differ for Perth and Brisbane hotels

Recent major sporting events in different corners of Australia produced differing performance impacts for the respective host markets. … Continue Reading

STR: Preliminary September data for Riyadh hotels

Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.  … Continue Reading

Preliminary September data for Berlin hotels

Berlin’s hotel industry reported its second-best occupancy and highest room rates of the pandemic-era, according to preliminary September 2021 data from STR. … Continue Reading

U.S. hotel results for week ending 2 October

U.S. hotel performance dipped from the previous week, according to STR‘s latest data through 2 October. 
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SiteMinder partners with digital marketing leaders to open up the full direct booking opportunity for hotels

SiteMinder, the world’s leading open hotel commerce platform, has partnered with the travel industry’s digital marketing leaders to open up the full direct booking opportunity for its more than 32,000 hotel customers. … Continue Reading

10 hospitality travel trends as set out in Sabre’s new Destination Digest report

Trend 1 – Hospitality continues to lead travel industry recovery 

The global travel industry’s recovery continues to reflect the local COVID-19 conditions and related travel restrictions. … Continue Reading

Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels

The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels, according to STR‘s August 2021 monthly P&L data release. … Continue Reading

U.S. hotel profitability dipped in August

With the end of the summer travel surge, estimated gross operating profit for U.S. hotels came in lower than the previous month, according to STR‘s August 2021 monthly P&L data release.    … Continue Reading

Glasgow hotel occupancy nearing 90% for upcoming UN Climate Change Conference

Glasgow’s hotel occupancy on the books is nearing 90% for the UN Climate Change Conference in early November, according to data from Forward STAR, STR’s forward-looking benchmarking solution. … Continue Reading