Hotel Value for Frequent Guests
Tag Archives for STR hotel data.
As the Covid-19 pandemic has firmly rooted itself in this novel American life the latest data from STR hotel research reveals the steep decline in occupancy and room rates from one week of curtailed travel across the country. STR hotel industry data for March 8-14, 2020 compared to March 10-16, 2019 shows Occupancy: -24.4% to 53.0%…
Another piece of hotel industry room rates data points I find interesting is also from STR publications showing average daily rates for USA hotels in August 2016 and over past year. Average daily rate is over $125.42 per night across all hotels in the USA, however, occupancy dropped ever so slightly, by 0.2% to 66.9%.…
STR August 2016 data on chain hotel average room rates for regions across the globe indicate why I have found myself traveling primarily in Eastern Europe in 2016. This region has the lowest hotel rates at $74.13 average daily rate for the period August 2015 to August 2016 compared to an average in the $120s…
IHG, Hilton and Marriott will likely dominate the US landscape for upscale and upper midscale hotel lodging development over the next decade. This is one of the pieces of information reported from the 2011 STR Hotel Data Conference in Nashville this month. U.S. Hotel Pipeline The hotel industry calls new hotels in development and construction…
Hotel rate data from STR compiled over the past decade show Fridays are the lowest rates of the week and Tuesdays are the highest rates of the week. Sundays have the lowest occupancy of any day on average for US hotels. TGI Fridays TGIF is my motto when the weekend comes around and big city hotel rates drop.…
