Canada hotel occupancy dipped because of less leisure demand in January

22 February 2024
Canada’s hotel industry showed lower occupancy but continued growth in average daily rate (ADR), according to CoStar’s January 2024 data.

U.S. hotel results for week ending 17 February

22 February 2024
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 17 February.

U.S. hotel performance for January 2024

16 February 2024
The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.

U.S. hotel results for week ending 10 February

15 February 2024
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 10 February.

Coldplay concerts drove Singapore hotel performance in January, Taylor Swift up next in March

14 February 2024
Helped by Coldplay’s World of the Spheres Tour, Singapore hotels saw healthy performance growth, according to preliminary January data from CoStar.

U.S. hotel results for week ending 3 February

8 February 2024
U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 3 February.

Paris hotels already 50% booked for Summer Olympics

6 February 2024
Paris’ hotel occupancy on the books is already topping 50% for the 2024 Summer Olympics, according to data from CoStar.

U.S. hotel profitability gains led by full-service chains, major markets

2 February 2024
Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023 P&L data from CoStar.

U.S. hotel results for week ending 27 January

1 February 2024
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 27 January.

Las Vegas forecasted for highest hotel ADR in Super Bowl history

29 January 2024
Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for 9-11 February 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

U.S. hotel results for week ending 20 January

25 January 2024
U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 20 January.

STR, TE maintain projections in first U.S. hotel forecast of 2024

22 January 2024
STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS).