STR

Among the provinces and territories, Manitoba recorded the highest May occupancy level (69.4%), which was 2.0% above the pre-pandemic comparable.

In May, the Baird/STR Hotel Stock Index fell behind the S&P 500 (flat) but surpassed the MSCI US REIT Index

The major factor in the revised timeline was a +$11 adjustment in 2022 average daily rate (ADR). Occupancy for the

Nine of the major markets realized GOPPAR and TrevPAR levels higher than 2019 comparables. 

Among the major markets, Vancouver saw the highest occupancy (75.5%), which was a 4.8% decline from 2019.

Ajman and Fujairah hotels surpassed 2019 occupancy levels, while Ras Al-Khaimah saw slightly lower occupancy levels than 2019.  

After two consecutive months with negative levels, due largely to the impacts of the omicron variant, Paris posted a March

As of 11 April, the U.K. showed a running 28-day occupancy that was 87% of the comparable 2019 level, and

Among the provinces and territories, British Columbia recorded the highest March occupancy level (63.2%), which was 4.6% below the pre-pandemic

After the U.S., Mexico (14,317) and Brazil (7,080) have the highest number of rooms in construction in the region.