data

Hotel Rates, Occupancy Rise Around The World

Occupancy and average daily hotel rates increased year over year in all four global regions during July, according to STR Global. In the Americas, ADR increased 5.8 percent to $124.78 […]

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The Impact of RevPAR Growth on Profit

ProPAR Graph Earlier this year, Hotel Appraisers & Advisors published an article summarizing how several hundred hotels performed, ranked by House Profit per available room (ProPAR). The article then compared […]

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ADR Growth Expected to Drive US Lodging

An updated lodging forecast released today by PwC US expects average daily rate (“ADR”) to drive revenue per available room (“RevPAR”) increases in a more meaningful way through the second-half […]

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MEA hotels increase revPAR, ADR and occupancy

STR Global reports that hotels in the Middle East and Africa region reported positive results in three key performance metrics in their compiled July 2015 data. The biggest rise by […]

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Strong advance bookings show positive outlook

As the end of summer nears, hotels in major North American markets are focusing on capturing bookings for early 2016 as opposed to last-minute travel deals, according to data from […]

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How to create a better comp set

Here are five ways to refine your comp set, according to a speaker at the recent Hotel Data Conference. Comp sets can be an invaluable tool for hoteliers when it […]

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Airbnb’s pricing algorithm

A little machine learning can have a big impact. Dan Hill, product lead at Airbnb, wrote the company’s pricing algorithm after the British-based rival startup he cofounded, Crashpadder, was acquired […]

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US: Hotel performance for July 2015

The U.S. hotel industry reported positive results in the three key performance metrics during July 2015, according to data from STR, Inc. In year-over-year results, the U.S. hotel industry’s occupancy was […]

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Europe: ADR drives RevPAR

Strong revenue per available room performance across Europe, largely driven by average daily rate, is underpinning robust regional hotel performance, according to data from STR Global. In a data presentation at […]

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Asia/Pacific: Performance is ‘flat’

“Flat” is the word Sarah Duignan, director of account management for STR Global, used to describe hotel performance across the Asia/Pacific region year to date through June. Presenting global hotel performance […]

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