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Press Releases

For any inquiries or more information please contact our Media Team

Type
Coverage Date
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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.

U.S. hotel results for week ending 19 October

24 October 2024
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October.

Hotel pipeline activity increased globally, except for Europe

24 October 2024
Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar.

U.S. hotel construction increased for seventh consecutive month

23 October 2024
The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s September 2024 data.

Canada hotels record first occupancy decline in nine months

22 October 2024
Canada’s hotel industry recorded its first month-over-month occupancy decline since January 2024, according to CoStar’s September 2024 data.

U.S. hotel performance for September 2024

18 October 2024
The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 data from CoStar.

U.S. hotel results for week ending 12 October

17 October 2024
Helped by the Columbus Day/Indigenous Peoples' Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 12 October.

Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio

16 October 2024
Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar.

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