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 4-10 May, is linked below.
Key highlights:
- Occupancy in the U.K. saw minimal change
- RevPAR declined between 80-90% each day, but appears it has bottomed out
- Among key U.K. markets, Liverpool had the highest daily occupancy, while Edinburgh had the lowest
- Among the chains, Luxury and Upper Upscale hotels saw no movement in occupancy
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.