Market Share Occupancy Scale 
Hotel Business
MAY 8, 2025
year-over-year, outperforming the chain scales in which the company competes by 60 bps. “Our unique positioning has enabled us to outperform our peers, gain market share and emerge stronger even in periods of economic uncertainty. . and occupancy levels increased by 30 bps. Choice Hotels International Inc. ,
Hotel Business
APRIL 15, 2024
decrease in occupancy, which was driven in part by a 1.3% decrease in occupancy, which was driven in part by a 1.3% Luxury and upper-upscale posted the only positive chain scale performance during the month, up 2.7% Food for thought Short-term rentals continued to take market share in February. drop in demand.
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Hotel Business
JANUARY 9, 2023
2022 has been a successful one for the hospitality industry, with hotel room occupancy surging near the record-high 2019 levels. We expect it will continue to be a main driver in the market heading into 2023, particularly as demand for these accommodations soars and labor remains expensive and in short supply. By Shilpan Patel.
Hotelier Magazine
MAY 16, 2023
WASHINGTON — CoStar Group has launched STR Benchmarking, a transformational market share product for the global hotel industry. Future product enhancements, which are expected to begin rolling out later this year, include portfolio-level benchmarking, monthly P&L, average-length-of-stay data and forward-looking occupancy.
Hotel Business
AUGUST 8, 2023
Conversions represent a major growth opportunity for us, generating around 40% of first-half openings and signings globally, and we see an increasing desire from owners to quickly realize the benefits of IHG’s scale and strong enterprise. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”
SiteMinder
OCTOBER 10, 2022
The company is the recognised leader in hotel industry benchmarking and provides market data including supply and demand and market share information on a global scale. For example, STR data reveals that the average occupancy rate across US hotels in August 2022 was 66.5%, and the average daily rate was US$151.49.
Boutique Hotel News
APRIL 18, 2023
AI can help analyse data in real time and factor in a wide range of variables such as occupancy rates, weather, time of year, the impact of major events and more – and adjust prices accordingly to maximise occupancy rates. Perhaps that could be a revenue management solution to increase occupancy rates and optimise revenue.
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