STR

On the latest Hotel News Now podcast, Jesper Palmqvist talks hotel performance in Southeast Asia markets and potential impact of U.S. tariffs. Listen here: https://bit.ly/4ifGJWT

U.S. RevPAR remained nearly flat as gains in hurricane-affected areas and Top 25 Markets were offset by declines in “main street” hotels. Top 25 group demand, however, was solid. Global RevPAR rebounded with an occupancy lift from China. Read the full weekly insights here: https://bit.ly/41jzJkP

U.S. hotel P&L, global pipeline, Chinese New Year, and more are among this month's top articles. 💲U.S. hotel profits grew in 2024 but were limited by inflation and labor costs: https://bit.ly/4gB5POI 🏨Southern Europe hotel performance update: https://bit.ly/4b1Rb1P 🐍Year of the Snake: A look at hotel performance during Chinese New Year: https://bit.ly/414BL8u 🏗️Shanghai, London and Dubai among global leaders in new hotel room openings for 2025: https://bit.ly/4aPD5Rb

Learn more about the first Ten-X exclusive hotel auction⤵️

Whenever, wherever, Shakira brings fans together. Her world tour is driving hotel occupancy across key LATAM markets, and it's just getting started: 🎤Rio de Janeiro: ▪️Occupancy reached 87.4% on 11 February - the market's highest level so far this year 🎤São Paulo: ▪️Highest daily occupancy level in 2025 recorded the night before the concert (at 79.9%) ▪️Third highest daily occupancy level of the year on the concert night (at 74.9%) 🎟️Tonight, Shakira is set to perform in Bogotá, with our Forward STAR data showing bookings at 67.1%.

Canada's hotel industry started the year off strong, with YoY increases across all KPIs in January. Group demand showed the most significant lift among segments, a trend that is expected to continue throughout 2025. Read more: https://bit.ly/3DfJcBG

In two weeks, we’ll be at Independent Hotel Show Amsterdam on 11-12 March. At #IHA25 you can expect to… ➡️ Discover the latest industry trends and innovations. ➡️ Network with industry experts, renowned suppliers, and fellow hoteliers. ➡️ View a diverse array of cutting-edge products and services including an opportunity to demo the latest in CoStar + Benchmark at Stand G45. ➡️ Gain insider knowledge from industry pioneers and experts including our very own Sylvain Floriant, who will provide an overview for hoteliers on Tuesday 11 March. Hoteliers can attend for free by emailing independenthotelshow@montgomerygroup.com for your code then request your ticket here: https://bit.ly/4gvw8WA #IndependentHotelShowAmsterdam

European hotels are planning for 2025 and beyond, with continued investment in DEI and technology. Terence Baker's latest HNN article dives into industry experts' insights on "future proofing" hotels, and includes a performance analysis from STR's Thomas Emanuel. More here: https://bit.ly/4gPGWyL

The Valentine's Day calendar shift allowed for strong weekday group demand (+31.2% YoY) in the U.S., while the shift in Chinese New Year brought global demand down 3.5%. Read our full weekly analysis: https://bit.ly/3EOxLS6

Mainland China hotels saw an increase in demand during the second half of this year's Spring Festival - a peak travel period each year. While the market welcomed the influx of visitors, the economic slowdown has brought some pressure to the hotel industry. Read more: https://bit.ly/414BL8u