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 6-12 July, is linked below.
- Occupancy showed a slight shift as hotels in the U.K. and Northern Ireland began to reopen.
- Daily RevPAR declines remained between 78-82%.
- Luxury hotels saw occupancy previously at around 5%, but this week the metric was closer to 20%.
- Plymouth saw the highest occupancy level for the week (51%), while Edinburgh saw the lowest (17%).
All of STR's COVID-19 analysis can be found here.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. 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.