What Will Hotel Stays Look Like Post-Pandemic?

Consumers aren’t quite ready to book their next trip, let alone stay in a hotel. But many are taking note of what they’ll feel comfortable with when that time comes, according to May polling from Skift and Oracle. Roughly six in 10 internet users wo…

Interim results to 30 June 2020

Key metrics $6.6bn total gross revenue (down (52)%; (51)% at CER) (51.7)% global H1 RevPAR (74.7)% global Q2 RevPAR H1 Comparable RevPAR: Global (52)%. Q2: Global (75)%; Americas (71)%; EMEAA (88)%; Greater China (59)%. Net system size growth of 3.2…

STR: Preliminary July Data For London Hotels

LONDON – STR’s preliminary July data for London hotels showed record-low occupancy. Comparison with July 2019: Occupancy: -74.8% to 22.8% Average daily rate (ADR): -52.4% to GBP83.61 Revenue per available room (RevPAR): -88.0% to GBP19.02 The absolu…