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85,000 participating hotels. 11 million rooms across 190 countries. STR, the global leader in hospitality data benchmarking, analytics and marketplace insights, is part of CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets. Through CoStar, and its Benchmark solution, hotel owners and operators are provided a comprehensive view of the entire property lifecycle, from acquisition to operations to divestment. For more information, please visit str.com and costar.com.
External link for STR
500 11th Ave N
Nashville, Tennessee 37203, US
Blue Fin Building
15 Scotts Road #08-12
London, London, Greater SE1 0TA, GB
Thong Teck Building
15 Scotts Road #08-12
Singapore, 228218, SG
A jump in global markets with RevPAR growth, plus Abu Dhabi, Sicily, Morocco and Kyoto join as top-ranking growth markets. Read more in our newest global “bubble chart” update: https://bit.ly/4eFRoYD
Strong pipelines and better conditions have global hotel brands on track for healthy growth in 2025. This HNN piece from Sean McCracken includes unit growth data as well as commentary from company leaders on their development activity: https://bit.ly/3CDdwWj
U.S. RevPAR was flat thanks to a mix of calendar shift impacts (Formula 1 in Las Vegas, Veteran's Day, Thanksgiving). Group demand was higher than last year and the 2019 comp. Global RevPAR grew by double digits for the third week in a row. More insights here: https://bit.ly/4eIOJNK
Isaac Collazo highlights two significant changes that will impact travel in the U.S. this holiday season, and provides a look at our holiday forecast, with comparison to historical data, here: https://bit.ly/3CxrokP
#COP16 in Cali, Colombia, pushed the market's room rates above COP 1,000,000 for six nights in a row. More here: https://bit.ly/3OfhzuD
Just presented by Can Erdem at Independent Hotel Show Munich, this deep dive into the DACH region explores current 2024 performance, with a look at independents vs. brands, day-of-week patterns, occupancy on the books, and more: https://bit.ly/3OfX4hu
We just released our final forecast revision of 2024: https://bit.ly/4hRY3Sr
Thanks to Samantha Mardkhah for capturing what it means to work with the best teams anywhere. If you’re looking to join a dynamic workplace, explore our open positions here: https://bit.ly/4fbvnly
Samantha Mardkhah, STR's Regional Manager in London, recently highlighted how the collaborative culture across our departments and offices is a constant source of inspiration. "I think that it's just amazing to be part of a company that's growing at such speed, no day is the same and I am drawn to that," shared Samantha.
Markets across the U.K. and Ireland are gearing up for the #Oasis tour, with hotel booking levels already topping 70% in Cardiff eights months before the sold-out shows are set to take place. More here: https://bit.ly/3CwmR2l