Despite climbing back above the 60% mark, the country’s occupancy level remained below the pre-pandemic comparable.
The U.S. holds the majority of rooms in construction (159,344) in the region and showed its first year-over-year increase in
At a market-level, New York City, Phoenix and Dallas are set to see the largest supply percentage increases from current
In December, the Baird/STR Hotel Stock Index fell behind both the S&P 500 (-5.9%) and the MSCI US REIT Index
London’s ADR and RevPAR levels were up 31.0% and 25.1%, respectively, from the pre-pandemic comparables. Like the rest of the
Occupancy was slightly ahead of 2019 in both October and November. ADR and RevPAR were well above pre-pandemic levels throughout
Among the provinces and territories, Manitoba recorded the highest November occupancy level (76.6%), which surpassed the pre-pandemic comparable by 16.3%.
Among the Top 25 Markets, Washington, D.C., reported the highest occupancy increase over 2019 (+22.6% to 58.7%).
In November, the Baird/STR Hotel Stock Index fell behind both the S&P 500 (+5.4%) and the MSCI US REIT Index
Latest STR report reveals GCC has more than 170,000 hotel rooms in its active development pipeline. KSA & UAE lead