More than two thirds of travellers use online review sites, but word of mouth is still ‘very important’ for half of travellers
The recently published ‘Consumer Travel Insights 2019’ report series from benchmarking specialist STR has revealed several key findings regarding traveller motivations and budgeting, emphasis on…..
Hotel lenders are taking a cautious approach to investments as we hit ‘inflection point in the hotel-asset value cycle’
Hotel lenders are more cautious in their short-term outlook and believe that asset valuations are at or near peak, according to the sixth annual Hotel…..
Buenos Aires excels in what was a mixed performance for hotels across Central, South America and the Caribbean in 2018
Hotels across the Central and South America region reported positive, but inflation-affected performance results in 2018, according to full calendar year data from benchmarking specialist…..
State and federal authorities in the United States of America (USA) have estimated that the clean-up exercise following the deadly wildfires that have impacted California…..
The US hotel industry logged promising results in occupancy rates and unit revenues during Oct-2018, according to latest data from benchmarking specialist STR. Summary: Latest…..
STR raises US hotel industry forecast as stronger-than-expected pricing power boosts performance levels
In what is a rare occurrence, industry benchmarking specialist STR has raised its performance forecast for the US hotel industry in its mid-year projections after…..
Lower occupancy, higher prices and different seasonal trends differentiate holiday rentals from hotels across the UK
Holiday rentals in the United Kingdom showed lower occupancy, higher prices and different seasonal trends than hotels in the market, according to a STR analysis…..
US government conference spending for fiscal year 2017 decreased 15.7% after four consecutive years of growth, according to an analysis by STR’s Market Insights team……