While an STR report contains a lot of valuable data, you need to dive deep into the meaning behind the data to make meaningful improvements to your business. Taking time to analyse your reports thoroughly and make notes of your findings is a crucial first step in developing more effective ...
Reporting of line items for each hotel can be inconsistent when the data is too granular. That is why CoStar and STR are focusing on the quality of data, meaning all necessary points are collected for each property so that a data point truly reflects an entireCompetitive Set, not just a ...
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The bifurcation of the U.S. hotel industry is expected to continue into the second quarter, meaning room demand will grow in the upper-tier chains scales but will likely be flat to down in all other. Increasingly, we believe lower income travelers are being squeezed out of travel due econom...
of non-participants based on their market location, class, age, and size. Age and size, importantly, serve as proxies for quality. Additionally, separate processes were built to estimate the performance of Las Vegas casinos and Walt Disney World hotels, meaning higher quality data for those ...
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This will open up more options, meaning you could uncover a less expensive flight to Strensall. Stopover savings The cheapest tickets to Strensall are sometimes those with a stopover. Book one of these flights, and you'll change planes at an airport en route to Strensall. While the ...
If you can be flexible with your travel dates, it's a good idea to broaden your search by comparing prices on different days. This will open up more options, meaning you could uncover a less expensive flight to Strevi. Stopover savings ...
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The 2019 level for the comparable week was 92.5%. That’s right—the market achieved a greater occupancy level than what was seen pre-pandemic. For the week ending 20 March, occupancy indexed at 103, meaning that occupancy was 103% of what it was in 2019. This is what STR defines as ...