Each week, STR analysts provide a deep-dive into U.S. hotel performance. The most recent video, highlighting performance for 19-25 July, is linked below.
U.S. weekend occupancy was at 55.8%.
The week-over-week demand % change has slowed to an average of 2.8%.
Compared with other regions around the world, U.S. occupancy steadied, while Europe occupancy saw an uptick as hotels begin to reopen. China's weekly occupancy reached 60%.
All of STR's COVID-19 analysis can be found here.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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