Riyadh hotel ADR and RevPAR reached record highs in October

14 November 2023
Riyadh’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) level on record, according to October 2023 preliminary data from CoStar.

Baird/STR Hotel Stock Index down 2.4% in October

10 November 2023
The Baird/STR Hotel Stock Index decreased 2.4% in October to a level of 5,600.

U.S. hotel results for week ending 4 November

9 November 2023
U.S. hotel performance showed an expected decline from the previous week as well as mixed year-over-year comparisons, according to CoStar’s latest data through 4 November.

U.S. hotel profitability reflects gains in corporate demand and groups

8 November 2023
A recent increase in U.S. hotel labor costs reflects a normalizing business mix and significant gains in group demand, according to September year-to-date P&L data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Dubai Airshow and COP28 push hotel bookings

6 November 2023
Dubai’s hotel industry has seen a noticeable jump in occupancy on the books as the market prepares to host the Dubai Airshow and COP28, according to CoStar’s Forward STAR data.

U.S. hotel results for week ending 28 October

2 November 2023
U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through 28 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

U.S. hotel results for week ending 21 October

26 October 2023
U.S. hotel performance increased from the previous week and showed improved year-over-year comparisons, according to CoStar’s latest data through 21 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Canada hotel performance remained on upward trajectory in September

20 October 2023
Canada’s hotel industry continued a stretch of year-over-year performance growth, according to CoStar’s September 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

U.S. hotel results for week ending 14 October

19 October 2023
U.S. hotel performance increased from the previous week, and year-over-year comparisons remained mixed, according to CoStar’s latest data through 14 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

U.S. hotel performance for September 2023

18 October 2023
The U.S. hotel industry reported higher performance results from the previous month, according to September 2023 from CoStar.

U.S. hotel results for week ending 7 October

12 October 2023
U.S. hotel performance increased from the previous week, and year-over-year comparisons were mostly positive, according to CoStar’s latest data through 7 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Lower room rates stalled Melbourne’s performance growth in September

12 October 2023
Melbourne’s hotel industry reported a decline in revenue per available room (RevPAR) for just the second time this year, according to September 2023 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.