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Tuesday, January 26, 2021

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STR

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About STR STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Hotel Performance Worldwide: March Results

Preliminary March data for Abu Dhabi hotels Reflecting the circumstances around the COVID-19 pandemic,  STR’s preliminary March data for Abu Dhabi shows significant year-over-year declines in the...

India daily hotel occupancy drops to 11%

LONDON—As COVID-19 concerns and restrictions have intensified in India,the country’s daily hotel occupancy dropped to 11% during 23-29 March, according to preliminary data from...

Dubai Hotel Performance Shows COVID-19 impact

STR’s preliminary data for Dubai shows hotel performance declines worsening as concern around the COVID-19 pandemic broadens.  February preliminary data:  Occupancy: -9.4% to 77.1%Average daily rate (ADR):...

Sustainable Travel, Climate Change on The Mind of Tourists: Survey

EDINBURGH, Scotland—Findings of a survey conducted by STR’s Tourism Consumer Insights team revealed the importance of sustainable tourism as well as the impact of...

CoronaVirus: Its impact on Chinese Hospitality Industry

SINGAPORE—Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese...

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