Rio de Janeiro room rates jumped for G20

11 December 2024
The 2024 G20 Summit pushed Rio de Janeiro’s hotel industry to its highest average monthly daily rate (ADR) and revenue per available room (RevPAR) since August 2016, according to November preliminary data from CoStar.

November fairs boosted Madrid hotel performance

11 December 2024
Madrid’s hotel industry recorded its highest November average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.

Qatar hotel performance jumped for Grand Prix

11 December 2024
Qatar saw a spike in hotel performance helped by the Formula 1 Qatar Airways Grand Prix 2024, according to November preliminary data from CoStar

Baku hotels posted record-high room rates during COP29

6 December 2024
The 29th Conference of the Parties (COP29) drove Baku’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to record-high levels, according to data from CoStar.

U.S. hotel results for week ending 30 November

5 December 2024
Due to the Thanksgiving calendar shift, the U.S. hotel industry reported lower year-over-year performance comparisons, according to CoStar’s latest data through 30 November.

U.S. hotel results for week ending 23 November

27 November 2024
Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year performance comparisons, according to CoStar’s latest data through 23 November.

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.