As this year comes to a close, we commend the hard work of our teams around the globe. With an exciting year ahead, we look forward to seeing you on the road in 2025. #STRontheRoad
STR
Hospitality
Nashville, Tennessee 70,400 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
500 11th Ave N
Nashville, Tennessee 37203, US
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Blue Fin Building
15 Scotts Road #08-12
London, London, Greater SE1 0TA, GB
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Thong Teck Building
15 Scotts Road #08-12
Singapore, 228218, SG
Employees at STR
Updates
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Miss any of this month’s must-reads? Catch up on December's top articles now: 🌎STR/TE Market Forecast Assumptions – November 2024: https://bit.ly/3PrS0XX 📊U.S. hotel conversion activity remains muted: https://bit.ly/3ZYsWxL 📈Hotel F&B driving labor cost growth in 2024: https://bit.ly/4g1E5mT 🎤The end of an Era(s Tour): Taylor Swift’s final impact on hotel performance: https://bit.ly/3ZKe6cT
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If you are looking to maximize your hotel's profits, a deep understanding of ADR as a metric is a key step: https://bit.ly/3P0hBqx
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Mark, thank you for continuing to be one of the biggest advocates in this fight against addiction.
At Hyatt, our purpose is to care for people so they can be their best and we’re proud to have a longstanding collaboration with Shatterproof, the national nonprofit leading the way in reversing the addiction crisis. Today is a somber celebration of what should have been Shatterproof Founder and CEO Gary Mendell’s beloved son Brian’s birthday. Last year, I was honored as Shatterproof’s Hospitality Hero at Northstar Travel Group’s annual ALIS summit. This year, I’m thrilled to share that Amanda Hite, president of STR is this year’s deserving recipient and has been successfully introducing Shatterproof to new supporters in our industry and beyond. The only way to reverse the addiction crisis is if we work together. I invite you all to join us, and Shatterproof, to do just that. Visit www.ShatterproofALIS.org to support.
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Down time after the holidays? We’ll be sharing helpful articles to refresh your foundational industry knowledge. We begin with the importance of occupancy rate in managing the success of your property or portfolio. Read here: https://bit.ly/4glDcWs
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Canada’s November hotel performance was driven primarily by Taylor Swift’s Eras Tour, which was held for two consecutive weekends in Toronto; as well as a calendar shift. Read more: https://bit.ly/406ZzZW
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Check out this opportunity from Ten-X ⬇️
🛎️ Coming in 2025: Special Hotel Auction Event 🛎️ It’s time to check in for an exclusive online auction experience. Focused solely on the hotel asset class, this tailored event will put your asset in front of a more serious, more qualified group of potential buyers for more competition come auction day. 📅 Auction begins March 24, 2025! ⏰ Submit your property before January 24, 2025 to be included in this exclusive event: https://bit.ly/3BGWxSM
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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
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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.