STR Inc. is a hotel analytics company founded in 1985 as Smith Travel Research. The company is the recognised leader inhotel industry benchmarkingand provides market data including supply and demand and market share information on a global scale. For example,STR datareveals that theaverage occupanc...
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 ...
Spain posted the largest occupancy growth of the largest countries, based on hotel supply, with the measure rising +4.0ppts to 74.4%. Strong leisure demand continued to drive performance. The Canary Islands were up +5.5ppts to 85.5%, with ADR growing +17.7% and resulting in RevPAR growth ...
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 ...
In Thsi Captivating Account Of A Bible-based Practice That Has Grown Into A Multibillion-dollar Industry, Journalist Sue Fishkoff Travels Throughout America And To Shanghai, China, To Find Out Who Eats Koshet Food, Who Produces It, Who Is Responsible For Its Certification, And How This ...
Golden Week is also the last public holiday of the year, meaning all eyes now look to conferences and corporate travel to continue driving industry recovery in 2023. While the topline results shown above shouldn’t come as a great surprise, they continue to show the importance of major ...
A hotel occupancy heatwave The week ending 20 March is when the Florida markets reached the peak of spring break. The Florida Keys once again had something to brag about—a95.5% occupancy level. In comparison, the 2020 level for the comparable week was just 52.6%. While that might not be...
As with all tax and legal information, the language and wording can be a bit tricky to understand. Let’s go over the terms to break down the basics of what you’ll need to truly comprehend the meaning of the TOT.What is the definition of “hotel”?The transient occupancy tax is ...
Powered by Bench Events, Hospitality Tomorrow was launched to support the hard-hit international hotel community during Covid-19, by offering a virtual conference platform that provides knowledge, facilitates information sharing and connects the industry. ...
What does STR stand for within the hotel industry?Before we look at STR reports in more detail, what exactly does ‘STR’ stand for?STR Inc. is a hotel analytics company founded in 1985 as Smith Travel Research. The company is the recognised leader in hotel industry benchmarking and ...