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Planning phases of U.S. hotel pipeline reflect confidence in travel

Activity in the planning phases of the U.S. hotel pipeline remain up, while rooms in construction decreased after two months of gains, according to CoStar’s December 2023 data.

U.S. hotel performance for December 2023

As expected due to the holiday season, the U.S. hotel industry reported lower performance results month over month, according to December 2023 data from CoStar.

U.S. hotels posted record-high ADR and RevPAR in 2023

The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from CoStar.

London hotel performance jumped during holiday season

Helped by the holiday travel season, London hotels posted significant performance levels, according to preliminary data from CoStar.

COP28 and New Year’s Eve boosted Dubai hotel performance in December

Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar.

Sydney hotels posted record-high room rates in December

Helped by New Year’s Eve, Sydney’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to December preliminary data from CoStar.

Baird/STR Hotel Stock Index jumped 10.5% in December, ended year up 38.4%

The Baird/STR Hotel Stock Index jumped 10.5% in December to a level of 6,760. For 2023, the stock index was up 38.4%.

U.S. hotel results for week ending 6 January

U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through 6 January.

U.S. hotel results for week ending 30 December

U.S. hotel performance increased from the previous week, while year-over-year comparisons were skewed downward due to a calendar shift, according to CoStar’s latest data through 30 December.

U.S. hotel results for week ending 23 December

28 Diciembre 2023

As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 23 December.

U.S. hotel results for week ending 16 December

21 Diciembre 2023

U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through 16 December.

U.S. hotel performance for November 2023

20 Diciembre 2023

As expected, the U.S. hotel industry reported lower performance results from the previous month but improved year-over-year comparisons, according to November 2023 from CoStar.