Service for finding Hotel Occupancy Rates and ADR (Small Boutique Hotels)
I’m looking for a service or software that can provide occupancy rates for certain classes of hotels. Preferably luxury boutique hotels. Does anyone know how to go about finding this? Thank you!
[{"id": "iy6zykf", "text": "Lodging Econometrics or Smith Travel Research (STR) are likely to have this (though the info may require a subscription).", "replies": [{"id": "iy703eh", "text": "Thank you!", "replies": [{"id": "iy8wu4b", "text": "STR has a report you can buy called a trend report.  You can select your comp set of hotels you want to compare against and it will give you OCC/ADR/RevPAR by month and year for a 3 (or maybe 5, can\u2019t remember) year look-back.  One piece of advice, when choosing your comp set, choose carefully.  If you decide to rerun the report, with a different comp set, you have to swap out multiple hotels\u2026 you can\u2019t just swap one hotel in and out for another\u2026 otherwise you can isolate exactly what that one comp set hotel runs.  So you may end up with a comp set that isn\u2019t indicative of your target property.  Just think through your comp set and try to get it right the first time.", "replies": [{"id": "iy96xny", "text": "This is extremely helpful. Thank you.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iy7v0fs", "text": "Costar has STR data", "replies": [], "depth": 1}, {"id": "j11s4p5", "text": "You can go to the brands as well and as for a supplemental earnings claim. \n\nSTR is the easiest to get a pulse\u2026 brands can provide that as well", "replies": [], "depth": 1}]