Miami and Qatar markets led the world in hotel profit recovery in 2022
Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release.
Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release.
Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR‘s 2022 data.
Middle East & Africa was the only world region to show an increase in overall hotel pipeline activity at the end of the fourth quarter.
Canada’s hotel performance came in lower than the month prior but showed improved comparisons to 2019, according to STR‘s November 2022 data.
Destination Canada has published its Fall Tourism Outlook which forecasts that despite ongoing challenges, the recovery trajectory for Canada's tourism sector is strengthening, bolstered by the lifting of COVID-19…
Following seasonal patterns, Canada’s hotel performance fell from the month prior but average daily rate (ADR) and revenue per available room (RevPAR) were higher than the pre-pandemic comparables, according to STR‘s…
Hilton's 2023 trends report reveals a focus on frictionless travel, more engaging experiences, a sense of caring and enhanced wellness offerings.
LE analysts report that in the third quarter of 2022 the total construction pipeline in Canada stands at 263 projects/34,825 rooms.
Canada’s hotel performance was seasonally lower from the month prior but higher than the pre-pandemic comparable, according to STR’s September 2022 data.