This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Close

STAY Updated

Below are the latest press releases from STR. Please select a headline to read the full article. To see the complete archive of press releases, please click here.  For all other news on the hotel industry please go to www.HotelNewsNow.com.

 

Latest News

Powered by Hotel News Now

    5 things to know: 13 October 2017

    From the desks of the Hotel News Now editorial staff:

    • MGM disputes shooting timeline
    • Hyatt suffers new data breach
    • Hoteliers put a piece of themselves in charitable works
    • HNA pursued Mantra before AccorHotels deal
    • Airbnb profitability under the microscope in NYC

    Hoteliers bring passion, skills to philanthropy

    Current and former hotel company executives are doing good in their communities and around the world. But they agreed it’s more than the right thing to do; it also makes good business sense. 

    5 things to know: 12 October 2017

    From the desks of the Hotel News Now editorial staff:

    • AccorHotels confirms Mantra deal
    • California wildfires continue to spread
    • Green projects can get funding with CPACE
    • US hotels see KPIs increase across the board
    • HNA Group barred from using money from insurance subsidiary

    STR: Preliminary September data for London hotels

    Preliminary data from STR shows London hotels saw occupancy decrease 1.6% year over year to 86.9% during September. ADR rose 1% to £165.39 ($217.35), but RevPAR decreased 0.6% to £143.69 ($188.84). 

    STR: Preliminary September data for Berlin hotels

    Berlin's hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59).

    STR: Preliminary September data for Jeddah hotels

    Hotels in Jeddah, Saudi Arabia, reported occupancy rose 3.5% in September to 70.2%, based on preliminary data from STR. ADR in the market rose 12.3% to 1,218.79 Saudi Arabian riyals ($324.89) and RevPAR increased 16.2% to 855.49 Saudi Arabian riyals ($228.09).

    STR: Canada hotel results for week ending 7 October

    The Canadian hotel industry reported occupancy rose 3.2% year over year to 74.5% during the week of 1-7 October. ADR increased 5.8% to 157.85 Canadian dollars ($126.44) and RevPAR rose 9.2% to CA$117.58 ($94.18).

    Want to help? Do what you do best

    Feel-good stories out of the recent spate of natural disasters proves that we can help others best when we share our natural talents. 

    5 things to know: 11 October 2017

    From the desks of the Hotel News Now editorial staff:

    • California wildfires’ toll of death, destruction rises
    • Revised timeline in Vegas shooting raises new questions for hotel
    • AccorHotels’ Bazin advises hotel industry: Risks are mandatory
    • Hotel-branded residence projects abound in SE Asia
    • STR preliminary September data for Hong Kong, Dubai, Sydney