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STR: US results for week ending 27 February

Mon, 08 Mar 2010 09:27:20 +0200

In year-over-year measurements, the industry’s occupancy ended the week with a 2.5-percent increase to 55.3 percent. Average daily rate dropped 4.7 percent to finish the week at US$96.06. Revenue per available room for the week fell 2.3 percent to finish at US$53.15.

US results for week ending 27 February | STR (Adobe PDF Document)

Mon, 08 Mar 2010 09:25:54 +0200

US performance for week ending 20 February 2010 (Adobe PDF Document)

Tue, 02 Mar 2010 08:57:22 +0200

The U.S. hotel industry reported mixed results in the three key measurements during the week of 14-20 February 2010, according to data from STR.

STR reports US performance for week ending 20 February 2010

Mon, 01 Mar 2010 12:34:07 +0200

The U.S. hotel industry reported mixed results in the three key measurements during the week of 14-20 February 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week with a 2.4-percent increase to 55.4 percent. Average daily rate dropped 4.4 percent to finish the week at US$95.81. Revenue per available room for the week fell 2.2 percent to finish at US$53.04.

STR reports US hotel performance for January 2010

Wed, 24 Feb 2010 09:56:34 +0200

The U.S. hotel industry posted declines in all three key performance measurements during January 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35.

U.S. hotel performance for January 2010 | STR (Adobe PDF Document)

Wed, 24 Feb 2010 09:54:42 +0200

The U.S. hotel industry posted declines in all three key performance measurements during January 2010, according to data from STR. In year-over-year measurements, the industry's occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35.

STR reports US hotel performance for week ending 13 February 2010

Mon, 22 Feb 2010 10:00:43 +0200

The U.S. hotel industry reported decreases in all three key measurements during the week of 7-13 February 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week with a 2.3-percent decrease to 53.7 percent. Average daily rate dropped 4.7 percent to finish the week at US$97.12. Revenue per available room for the week fell 6.9 percent to finish at US$52.19.

U.S. hotel performance for the week ending 13 February 2010 (Adobe PDF Document)

Mon, 22 Feb 2010 09:59:03 +0200

The U.S. hotel industry reported decreases in all three key measurements during the week of 7-13 February 2010, according to data from STR. In year-over-year measurements, the industry's occupancy ended the week with a 2.3-percent decrease to 53.7 percent. Average daily rate dropped 4.7 percent to finish the week at US$97.12. Revenue per available room for the week fell 6.9 percent to finish at US$52.19.

U.S. Hotel Industry Pulse growth stagnant | STR Reports

Thu, 18 Feb 2010 09:45:55 +0200

Economic research firm e-forecasting.com in conjunction with Smith Travel Research announced HIP declined in January after improving 2.8 percent in December. HIP, the Hotel Industry's Pulse index, is a composite indicator that gauges business activity in the U.S. hotel industry in real-time, similar to a GDP measure. The latest monthly change brought the index to a reading of 82.4. The index is set to equal 100 in 2000.

STR Reports Performance Of Luxury Hotel Spas For Year-End 2009

Mon, 15 Feb 2010 11:25:21 +0200

Luxury hotel spas showed mixed operating results for the full year 2009. The summary Spa STAR data shows that the Average Treatment Rate (ATR) was reported at US$135.39, a 4.5 percent decline compared with full-year 2008. For full-year 2009, Average Treatment Room Utilization (ATRU) increased 3.5 percent to 31.1 percent.

STR reports US pipeline for January 2010

Fri, 12 Feb 2010 11:40:36 +0200

The total active U.S. hotel development pipeline includes 3,647 projects comprising 378,145 rooms, according to the January 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 35.9-percent decrease in the number of rooms in the total active pipeline compared to January 2009. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.

STR reports US pipeline for January 2010

Fri, 12 Feb 2010 11:39:02 +0200

U.S. pipeline by Chain Scale segment (number of rooms and percent change January 2010 vs. January 2009)

Thank you for helping create our brand | By Randy Smith

Fri, 12 Feb 2010 11:33:46 +0200

This is truly hard to believe. It is truly gratifying that nearly 25 years ago the major brands of this industry, our clients, would come together and entrust us with vital, confidential performance data and continue to do so to this day. When we began, no one imagined that STR, STR Global and HotelNewsNow would eventually “touch” more hotels each week than almost any other entity.

STR reports US hotel performance for week ending 30 January 2010

Mon, 08 Feb 2010 10:40:54 +0200

The U.S. hotel industry reported mixed results in the three key measurements during the week of 24-30 January 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week up 1.9 to 48.8 percent. Average daily rate dropped 5.6 percent to finish the week at US$94.92. Revenue per available room for the week fell 3.8 percent to finish at US$46.31.

US hotel performance for week ending 30 January 2010 (Adobe PDF Document)

Mon, 08 Feb 2010 10:39:33 +0200

STR co-founder and CEO Randy Smith presented with Lifetime Achievement Award

Thu, 04 Feb 2010 10:18:55 +0200

Randell A. Smith, CEO and co-founder of Hendersonville, Tenn.-based STR, was presented with the prestigious Lifetime Achievement Award at the Americas Lodging Investment Summit (ALIS) on 26 January, 2010, in San Diego. Smith was recognized for his legacy in pioneering global hotel benchmarking, the foundation of the company he co-founded with his wife, Carolyn Smith.

Dancing with the stats | By Mark Lomanno

Mon, 01 Feb 2010 13:07:11 +0200

For those of you have never been to the Americas Lodging Investment Summit, one of the highlights is the extravaganza that Jim Burba likes to present to get things kicked off. This year I was given the opportunity to be a part of that opening session. Actually, opportunity is not exactly the right word—encouraged, strong-armed and under-sold are more accurate, but nonetheless the entire process, before, during and after conference was educational, challenging and something I’ll always look back on very fondly.

STR reports US hotel performance for week ending 23 January 2010

Mon, 01 Feb 2010 10:13:07 +0200

The U.S. hotel industry reported decreases in all three key measurements during the week of 17-23 January 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week virtually flat with an 0.9-percent decrease to 46.8 percent. Average daily rate dropped 9.4 percent to finish the week at US$93.87. Revenue per available room for the week fell 10.3 percent to finish at US$43.89.

US hotel performance for week ending 23 January 2010 (Adobe PDF Document)

Mon, 01 Feb 2010 10:11:12 +0200

STR CEO and founder Randy Smith receives ALIS Lifetime Achievement Award

Mon, 01 Feb 2010 09:48:35 +0200

Center stage for STR CEO and founder Randy Smith at ALIS 2010 | Photo credit: 2010 Andréa Cimini Photography