Planning activity continues to rise nationally with markets like Miami, Phoenix and San Francisco showing increased interest from developers, according
Building on its initial launch in the U.S., STR now features monthly P&L data reporting in four world regions: Europe,
Among increases during the month, total labor costs were up to 97% of the pre-pandemic comparable.
Among the provinces and territories, British Columbia recorded the highest February occupancy level (53.3%), which was 15.6% below the pre-pandemic
Latest STR report highlights massive hotel development plans in Makkah, Doha, Riyadh, Medina, Muscat and Dubai.
Among the provinces and territories, Saskatchewan recorded the highest January occupancy level (36.5%), which was 23.8% below the pre-pandemic comparable.
Miami’s gross operating profit per available room (GOPPAR) beat 2019 levels by 14 percentage points.
Each of the major markets landed in positive GOPPAR territory for the year, led by popular beach destinations such as
The Middle East hotels reported revenue of 85.6%.
ForwardKeys, a respected data authority, adjudged the USVI as the Most Resilient Caribbean Destination for 2022 Travel, while STR data