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Press Releases

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U.S. hotel results for week ending 13 April

Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through 13 April.

U.S. hotel construction activity rose in March, first increase in nine months

The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data.

Paris hotel bookings pacing above 60% for Summer Olympic period

Paris hotel bookings for the 2024 Summer Olympics are pacing above 60%, according to CoStar’s latest Forward STAR data.

Hotel pipeline activity down globally, except in the Americas

The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.

U.S. hotel results for week ending 6 April

U.S. hotel performance showed mixed results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 6 April.

Jeddah room rates jumped during Formula One

Helped by the annual Saudi Arabian Grand Prix, Jeddah’s hotel industry reported performance growth across the metrics, according to March preliminary data from CoStar.

Eras Tour led to March records for Singapore hotels

The host of six Taylor Swift concerts, Singapore’s hotel industry posted its highest March average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.

Six Nations, St. Patrick’s Day drove Dublin hotel occupancy in March

Dublin’s hotel occupancy was helped by the Six Nations Men’s 2024 championship and St. Patrick’s Day festivities, according to March 2024 preliminary data from CoStar

U.S. hotel results for week ending 30 March

As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through 30 March.

U.S. hotel results for week ending 23 March

U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through 23 March.

U.S. hotel results for week ending 16 March

U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March.

Canada hotel room rates driven by groups in February

Canada’s hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar’s February 2024 data.