STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries.
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 1 March.
23 February through 1 March 2025 (percentage change from comparable week in 2024):
Among the Top 25 Markets, St. Louis saw the highest occupancy lift (+12.1 per cent to 59.4 per cent).
Helped by Mardi Gras, New Orleans reported the largest increases in ADR (+36.8 per cent to US$233.77) and RevPAR (+30.6 per cent to US$148.54). Occupancy, however, declined 4.6 per cent to 63.5 per cent.
The steepest RevPAR declines were seen in Oahu (-13.1 per cent to US$206.45) and Boston (-11.0 per cent to US$102.66).
W Calgary, JW Marriott and Autograph Collection hotel to anchor landmark $1.47B development in Culture + Entertainment District
Canada welcomed 1.2 million overnight international visitors in April 2025, marking a 7 per cent decline compared to the same month in 2024, according to new figures from Destination Canada and the Canadian Tourism Data…
IHG Hotels & Resorts is introducing its voco hotels brand to the Canadian market with three upcoming properties in Montreal, Niagara Falls, and Toronto. The announcement marks the premium brand’s entry into Canada…
Niagara Falls-based Fallsview Group has expanded beyond Ontario with the acquisition of the Hyatt Regency Calgary, marking the company’s first venture into Western Canada.