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STR, Inc. is a subsidiary of CoStar Group that provides market data on the hotel industry worldwide, including supply and demand and market share data. The company has a corporate headquarters in Hendersonville, Tennessee, an international headquarters in London, England and offices in Italy, Dubai, Brazil, Singapore, Tokyo, Jakarta, Sydney, and Beijing.
Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance. [1]
Cornell Hospitality Quarterly is abstracted and indexed in SCOPUS and the Social Sciences Citation Index.According to the Journal Citation Reports, its 2017 impact factor is 2.06, ranking it 31 out of 146 journals in the category "Sociology", [2] 98 out of 209 journals in the category "Management", [3] and 25 out of 50 journals in the category "Hospitality, Leisure, Sport & Tourism".
In 2015 the United Kingdom hospitality industry employed around 2.9m people – around 9% of the UK workforce. [12] By employment, it is the UK's fourth-largest industry. The most jobs in the industry are found in London (around 500,000) and South East England (around 400,000); 18% of workers in the UK industry are in London. There are around 1 ...
The American Hotel and Lodging Association (AHLA; formerly the American Hotel and Motel Association, and before that American Hotel Association) is an industry trade group with thousands of members including hotel brands, owners, management companies, Real Estate Investment Trusts (REITs), independent hotels, bed and breakfasts, state hotel associations and industry partners and suppliers.
Cover per Occupied Room (CPOR) is one statistic which can be used in forecasting. [3]This is the average spent per individual customer, which can be calculated separately for each member of the serving staff.
Cornell Hospitality Quarterly [23] - a leading academic journal for the hospitality industry. Industry Perspective: A White Paper Series from Cornell [24] - provide insight from hospitality industry leaders on the issues that matter most to senior executives and hospitality practitioners. Hospitality Roundtable Proceedings [25] - offer a ...
The American Academy of Hospitality Sciences (AAHS) is a for-profit business based in New York City that reviews and bestows awards on hotels, resorts, spas, airlines, cruise lines, automobiles, products, restaurants and chefs.