Canada hotels posted record-high room rates for an October

22 November 2024
Canada’s October hotel average daily rate (ADR) exceeded CAD200 for the first time on record, according to data from CoStar.

U.S. hotel results for week ending 16 November

21 November 2024
Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar’s latest data through 16 November

U.S. hotel performance for October 2024

21 November 2024
The U.S. hotel industry reported higher performance results from the previous month, according to October 2024 data from CoStar.

Cali hotel room rates reached an all-time high during COP16

20 November 2024
The hotel industry in Cali, Colombia, posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record during the 16th UN Biodiversity Conference (COP16), according to data from CoStar.

STR, TE lower U.S. hotel growth forecast in final revision of 2024

19 November 2024
STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.

Oasis tour driving hotel bookings across European markets

18 November 2024
Eight months before the start of Oasis’ sold-out tour, host markets in Europe are already seeing a significant impact on occupancy on the books, according to Forward STAR data from CoStar.

U.S. hotel results for week ending 9 November

14 November 2024
As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar’s latest data through 9 November.

Munich room rates spiked for Expo Real

13 November 2024
Munich hotels saw a spike in average daily rate (ADR) and revenue per available room (RevPAR) during Expo Real, according to October preliminary data from CoStar.

Dubai hotel occupancy jumped during Diwali

13 November 2024
Diwali celebrations helped Dubai’s hotel industry post its highest October occupancy level since 2012, according to preliminary data from CoStar.

Mix of October events drove Melbourne hotel performance

13 November 2024
A number of events, including multiple concerts by Olivia Rodrigo and Coldplay, lifted Melbourne hotel performance in October, according to preliminary data from CoStar.

U.S. hotel results for week ending 2 November

7 November 2024
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 2 November.

U.S. hotel results for week ending 26 October

31 October 2024
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 26 October.