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 mixed year-over-year (YOY) comparisons, according to CoStar’s latest data through May 24.
18-24 May 2025 (percentage change from comparable week in 2024):
Demand for the Friday and Saturday of Memorial Day weekend was the third highest on record behind 2022 and 2019.
Among the Top 25 Markets, St. Louis saw the highest gain in occupancy (+19.3 per cent to 76.7 per cent), while the largest inclines in ADR and RevPAR were recorded in New York City (+12.6 per cent to US$358.57) and San Francisco/San Mateo (+24.3 per cent to US$169.87), respectively.
The steepest decline in occupancy was seen in Houston (-16.2 per cent to 62.1 per cent).
New Orleans reported the largest decreases in ADR (-7.3 per cent to US$155.45) and RevPAR (-17.8 per cent to US$94.78).
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.