NEWS | Mumbai has 5,117 rooms in active pipeline: STR Global

The Asia/ Pacific hotel development pipeline comprises 1,804 hotels totalling 387,179 rooms, according to the April 2013 STR Global Construction Pipeline Report. The total active pipeline data includes projects in the in construction, final planning and planning stages but does not include projects in the pre-planning stage. Among the markets in the region, Manila, Philippines, reported the largest expected supply growth (+43.0 percent) if all 9,968 rooms in the market’s total active pipeline open.

NEWS | STR Reports 43,865 New Rooms Opened In '12

 

The U.S. hotel industry during 2012 opened 407 new properties with 43,865 rooms, according to data from STR/McGraw Hill Construction Dodge Pipeline Report. “Net U.S. room supply growth in 2012 should be 0.5 percent when the final numbers are in, the second consecutive year of very low room capacity gains for the industry,” said Bobby Bowers, senior VP of operations at STR. “We anticipate higher supply growth this year and are expecting a full year net room increase of about 1 percent in 2013.

NEWS | STR reports US hotel pipeline for July 2012

The total active U.S. hotel development pipeline comprises 2,745 projects totaling 300,954 rooms, according to the July 2012 STR/McGraw Hill Construction Dodge Pipeline Report. This represents a 6.9-percent decrease in the number of rooms in the total active pipeline compared to July 2011. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage. "July continues the summer trend of a significant year-over-year increase in rooms in the In Construction phase," said Duane Vinson, VP of database content and integrity at STR.

NEWS | STR: US Hotel Performance For May

The U.S. hotel industry in May reported increases in all three key performance metrics, according to data from STR. Overall, the U.S. hotel industry’s occupancy rose 3.6 percent to 63.5 percent, its average daily rate was up 3.9 percent to US$105.81 and its revenue per available room increased 7.7 percent to US$67.17. Among the Top 25 Markets, St. Louis,

NEWS | Baird/STR Hotel Stock Index falls 15.3 percent in 2011

The Baird/STR Hotel Stock Index ended December with a 2.7-percent increase to 2,003 and was down 15.3 percent in 2011. The index ended 2010 at 2,364. Robert W. Baird & Co. and STR partnered to create the Baird/STR Hotel Stock Index-the first widely available U.S.

NEWS | Baird/STR Hotel Stock Index down 2.7% in November

HENDERSONVILLE, Tennessee, and MILWAUKEE, Wisconsin-The Baird/STR Hotel Stock Index ended November with a 2.7-percent decrease to 1,951 and is down 17.5 percent year-to-date 2011. The index ended 2010 at 2,364.

US hotel results week ending 3 September 2011

The U.S. hotel industry experienced increases in all three key performance metrics during the week of 28 August-3 September 2011, according to data from STR.