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PRESS RELEASES

STR launches self storage development report 

STR, Inc., the global leader of competitive benchmarking, information services and research for the hotel industry, has begun collecting development activity in the self storage industry.   

 

 

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STR: US hotels set Q1 performance record

In the first quarter of 2018, the U.S. hotel industry saw occupancy increase 0.9% year over year to 61.6%, while ADR rose 2.5% to $127.37 and RevPAR increased 3.5% to $78.46.

STR: Canada hotel results for week ending 14 April

The Canadian hotel industry reported occupancy increased 11.4% to 62.5% during the week of 8-14 April. ADR rose 5.2% to 146.11 Canadian dollars ($116) and RevPAR increased 17.2% to CA$91.25 ($72.43).

STR: Canada hotel results for week ending 7 April

Canada's hotel industry reported occupancy fell 9.6% to 57.5% during the week of 1-7 April, according to STR. ADR decreased 0.9% to 142.24 Canadian dollars ($112.78) and RevPAR declined 10.5% to CA$81.75 ($64.82).

STR: Preliminary March data for Berlin hotels

Berlin's hotels saw occupancy increase 2% in March to 76.7%, according to preliminary monthly data from STR. ADR decreased 1.6% to €97.47 ($120.51) and RevPAR rose just 0.4% to €74.76 ($92.44).

STR: Preliminary March data for Hong Kong hotels

Hong Kong's hotels reported occupancy rose 2.6% to 91.8% in March, according to preliminary STR data. ADR increased 13.2% to 1,567.57 Hong Kong dollars ($199.71) and RevPAR jumped 16.1% to HK$1,439.13 ($183.34).

STR: Preliminary March data for Jeddah hotels

Preliminary STR data shows hotels in Jeddah, Saudi Arabia, saw occupancy decline 12.3% in March to 48.8%. ADR decreased 5.6% to 674.54 Saudi Arabian riyals ($179.88) and RevPAR dropped 17.2% to 329.17 riyals ($87.78).

STR: Preliminary March data for London hotels

Preliminary March data from STR shows hotels in London saw a 0.9% occupancy decrease to 79.8% during the month. ADR in the market dropped 1.2% to £138.55 ($195.85) and RevPAR fell 2.2% to £110.52 ($156.23).

STR: Preliminary March data for Sydney hotels

Sydney's hotels reported occupancy declined 2.3% to 88.8% in March, according to preliminary STR data. A 3.2% ADR boost to 250.19 Australian dollars ($191.84) pushed RevPAR up 0.8% to AU$222.16 ($170.35).

STR: Preliminary March data for Dubai hotels

According to preliminary STR March data, hotels in Dubai, United Arab Emirates, reported occupancy dipped 0.6% to 85.7%, ADR rose 0.5% to 752.49 Emirati dirhams ($204.90) and RevPAR was mostly flat at 644.97 Emirati dirhams ($175.62).