STR: U.K. weekly hotel performance update
Each week, STR analysts provide a deep-dive into U.K. hotel performance. The most recent video, highlighting performance for the week of 29 June through 5 July, is linked below.
Key highlights:
- Occupancy showed a slight shift, while ADR and RevPAR remained static.
- Southhampton experienced the highest occupancy level for the week (45%), while Belfast saw the lowest (12%).
- There was an uptick in weekend occupancy as hotels begin to reopen
All of STR's COVID-19 analysis can be found here.
About STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. 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.