Among the provinces and territories, British Columbia recorded the highest 2021 occupancy level (48.5%), which was 30.4% below the pre-pandemic
On a nominal basis, ADR is expected to surpass the pre-pandemic comparable this year, while revenue per available room (RevPAR)
Among the Top 25 Markets, Tampa reported the highest occupancy level (68.4%), which was still down 5.2% from the market’s
As of 5 January 2022, New York City showed more than 15,000 rooms in construction. Only five other markets have
In December, the Baird/STR Hotel Stock Index outperformed both the S&P 500 (+4.4%) and the MSCI US REIT Index (+8.2%).
The lowest occupancy among provinces was reported in New Brunswick (37.0%), down 32.6% against 2019. At the market level, the
Tarsadia and 3L lead equity round with Capital One Ventures, existing investors and new key strategics.
Over the 2022-2023 period, the industry will focus on data management, automation, and the emergence of new markets.
The F1 Grand Prix doubled Jeddah’s hotel performance when compared with previous weeks.
Helped by the opening of Expo 2020 and the ICC Men’s T20 World Cup 2021, Dubai’s GOPPAR reached US$178, while