U.S. hoteliers suggest the Federal Reserve's latest rate cut won't ease financing woes. With fewer cuts expected in 2025, what’s next for the industry? Read HNN’s full story here: https://bit.ly/49K0Edy
STR
Hospitality
Nashville, Tennessee 70,337 followers
The global hospitality industry's leading provider of data-driven solutions.
About us
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.
- Website
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https://str.com
External link for STR
- Industry
- Hospitality
- Company size
- 5,001-10,000 employees
- Headquarters
- Nashville, Tennessee
- Type
- Public Company
- Founded
- 1985
- Specialties
- Hotel Performance, Pipeline Data, Hotel Supply, Hotel Market Forecasting, Hotel Benchmarking, Hotel Demand, Hotel Data, Hotel Business Intelligence, SaaS Solution, and Hotel profitability
Locations
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Primary
Get directions
500 11th Ave N
Nashville, Tennessee 37203, US
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Get directions
Blue Fin Building
15 Scotts Road #08-12
London, London, Greater SE1 0TA, GB
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Get directions
Thong Teck Building
15 Scotts Road #08-12
Singapore, 228218, SG
Employees at STR
Updates
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U.S. RevPAR surged 18.2% during the week ending 14 December 2024, boosted by calendar shifts and events. This marked the highest weekly gain since February 2023. Global RevPAR rose 12%, marking the second-highest gain this year. Read more: https://bit.ly/3BHOVQ7 Note: Due to the holidays, the next edition of Weekly Insights will run on 10 January 2025.
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We couldn't end the year without one last Taylor Swift Eras Tour analysis. See how the final leg of the tour impacted U.S. and Canada host markets here: https://bit.ly/3ZKe6cT
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Recently, staff at our Nashville HQ gathered to celebrate the year during our annual holiday party. If you’re looking to join one of the best teams anywhere, check out open positions here: https://bit.ly/4fbvnly
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U.S. hotel conversion activity continues to trend below the long-term 20-year average, with roughly 1,100 hotels having gone through a conversion during the first 10 months of 2024. More here: https://bit.ly/3ZYsWxL
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A "new phenomenon"? With the historic #ErasTour now in the books, HNN's Trevor Simpson recaps the record-breaking impact on the global hotel industry with STR's Kelsey Fenerty. Has #TaylorSwift redefined event-driven tourism, or was this an impact that can't be replicated? Read more here: https://bit.ly/4imMN0N
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U.S. RevPAR grew post-Thanksgiving, driven by a strong second half of the week. Chicago led RevPAR gains, while New York City posted one of its highest RevPAR levels of the year. Global RevPAR rose for the ninth consecutive week, with strong performances by Japan and Canada. Details here: https://bit.ly/49D9YQm
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An eventful November boosted hotel performance across several key global markets: 🔹 #GrandPrix drove Qatar hotel performance: https://bit.ly/3DdoKBd 🔹 #IFEMA fairs pushed Madrid room rates to November highs: https://bit.ly/4g812EX 🔹 Rio de Janeiro posted record-high daily room rates during the #G20Summit: https://bit.ly/3ZMilpj