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HENDERSONVILLE, Tennessee<\/strong> – Following seasonal patterns, the U.S. lodge business reported decrease efficiency from the month prior, in accordance with August 2022 information from STR<\/a>.<\/p>\n Among the Top 25 Markets, Oahu Island<\/strong> skilled the best occupancy degree (81.6%), which was down 8.3% from the market\u2019s 2019 benchmark.<\/p>\n Markets with the bottom occupancy for the month included New Orleans<\/strong> (47.3%) and Houston<\/strong> (55.3%).<\/p>\n New Orleans reported the steepest decline in occupancy compared with 2019 (-21.9%).<\/p>\n Reflecting continued enchancment in enterprise journey and teams, the Top 25 Markets confirmed larger occupancy and ADR than all different markets.<\/p>\n A be aware to editors:<\/strong> All references to STR information and evaluation ought to cite \u201cSTR\u201d because the supply. Please chorus from citing \u201cSTR, Inc.\u201d \u201cSmith Travel Research\u201d<\/em> or \u201cSTR Global\u201d<\/em> in sourcing.<\/p>\n STR\u2019s world-leading lodge efficiency pattern contains 75,000 lodges and 10 million lodge rooms across the globe. Please consult with the contacts listed beneath for extra information requests.<\/p>\n STR offers premium information benchmarking, analytics and market insights for the worldwide hospitality business. Founded in 1985, STR maintains a presence in 15 nations with a company North American headquarters in Hendersonville, Tennessee, a global headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the main supplier of economic actual property info, analytics and on-line marketplaces. For extra info, please go to str.com<\/a> and costargroup.com<\/a>.<\/p>\n Haley Luther<\/a>August 2022 (share change from August 2019):<\/h3>\n
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Additional Performance Data<\/h3>\n
About STR<\/h3>\n
Communications Coordinator<\/em>
+1 615 824 8664 ext. 3500
STR<\/a><\/p>\n<\/div>\n