U.S. Market Recovery Monitor – 2 October 2021 – STR

U.S. hotel industry demand retreated in the latest week of reporting (26 September-2 October), failing to align with a rise in TSA security screenings. Normally, we expect an uptick in air passengers to yield an increase in hotel demand. This week was an exception with occupancy slipping 1.5 percentage points to 61.7%.

Restrictions Limit Queensland's Hotel Performance During School Holiday Periods – STR

Queensland’s destinations have seen lower hotel performance amid border closures and the underlying travel uncertainty for key source markets like Sydney, Melbourne, and even international markets like New Zealand and China. The impact of restrictions is also extending to September/October school holidays as shown in comparison with the similar period earlier this year.

America's Economic Leading Analytic Bounces Back

America's economic Leading Analytic “rebounded in September, following a decrease of 0.4 percent in August,” said Professor Evangelos Otto Simos, editor-in-chief, at the release of the latest Leading Analytics Warp Digest. The bouncing back in the leading economic barometer “was led by a surge in manufacturers' orders,” Simos added.