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...The sector boasted an occupancy rate of 74.7 per cent in 2022, compared with 61.3 per cent for all other US hotels sectors combined, according to industry data tracker STR....
...Global industry revenue per available room — a key measure of demand — recovered last year to $73.9, from $50.7 in 2021, according to consultancy STR....
...Gallée spent nearly five years working at one of the foremost makers of resin works in Rotterdam, STRS, which creates individual pieces for high-end designers and artists....
...trailed rivals in London and Berlin with their highest occupancy levels since 2015 reaching 73 per cent compared to 81 per cent in London and 79 per cent in Berlin, according to the industry data provider STR...
...Hotel occupancy across the continent in July was just 4 per cent below pre-pandemic levels for the same month in 2019, according to industry data provider STR, defying a surge in average daily room rates...
...They cite data from hotel-tracker STR Global showing that rates hit a record high in May: Used-car inflation could also come in hot, even though the Manheim index of used-car prices has retreated somewhat...
...Revenue per available room rose the most of the four cities in Rome, where it was 60 per cent higher in June than in the same month in 2019, according to hotel data provider STR....
...Some 44 per cent of hotel rooms in Cumbria, home to the picturesque Lake District, are already booked until the end of August, up from 36 per cent this time last year, according to analytics group STR, which...
...Average UK hotel occupancy hit a low of 21.9 per cent in April 2020, according to the industry data provider STR, but recovered to 71 per cent in August boosted by domestic holiday demand....
...Saint Charles Apothecary, Gumpendorfer Str. 30, 1060 Vienna, saint-charles.eu...
...According to global hospitality and data analytics company STR, hotels in glitzy Dubai are seeing profitability levels seven times higher than in the same period in 2019....
...Robin Rossmann, managing director at hotel industry data group STR, said that Booking.com and Expedia dominated the market, but the former was by far the stronger in Europe....
...Forward bookings for hotels in London, Paris and Madrid have all dipped in the past week, the STR data show....
...Room occupancy in Amsterdam has fallen from 62 per cent in the last week of October to 41 per cent this week, and there have also been declines in Vienna and Munich, according to figures from STR, a hospitality...
...Robin Rossman, managing director of STR, said that “slowly, over time, you will have less and fewer people running a hotel as you can digitise it”, allowing companies to save on staffing costs....
...STR said that the number of hotel projects under way this month in Europe is 13 per cent below the same point in 2019, but increasing as construction opens up....
...rival destinations, in September, October and November, it had more visitors than in the same months in 2019, and hotel occupancy of 57 per cent is better than the Caribbean, Hawaii or Bali, according to STR...
...Amanda Hite, president of the hotel industry analytics company STR, said that the spread of the Delta variant was causing increased concern about the return of business travel: “It’s possible that businesses...
...In the US, just 5 per cent of hotels are owned or directly managed by chains, while 53 per cent are franchises, up from 47 per cent a decade ago, according to hospitality data provider STR....
...According to Raquel Ortiz, assistant director of financial performance at hotel data specialist STR, chains were returning to profitability in the US “at a slightly quicker pace than anticipated, although...
...Industry data provider STR forecasts that leisure travel will recover to 2019 levels in 2023 but business will take until 2025 to make a full comeback....
...However there is still a long road to recovery: hotel occupancy for the next 90 days is below 10 per cent in many eurozone countries, according to hotel consultancy STR....
...Hotels are running at only 50 per cent occupancy, according to analyst STR....
...Hotel occupancy in the UK in December had already been at its lowest level since May, data published by the analytics firm STR showed....
...In the first week of December, occupancy across Dubai reached 66 per cent, according to data provider STR....
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