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U.S. hotel results for week ending 2 September

7 Septiembre 2023

Following seasonal patterns, U.S. hotel performance showed mixed results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 2 September.

U.S. hotel results for week ending 26 August

Following seasonal patterns, U.S. hotel performance declined from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through 26 August.

Australia hotel performance normalizing with improvement in business travel

Australia’s recent hotel performance represents normalization as leisure demand has peaked and given way to strengthening in corporate business, according to CoStar and STR analysis that will be presented this week at NoVacancy Hotel + Accommodation Industry Expo.

U.S. hotel results for week ending 19 August

Following seasonal patterns, U.S. hotel performance declined from the previous week but showed most positive comparisons year over year, according to CoStar’s latest data through 19 August.

Canada hotel ADR and RevPAR reached record-highs in July

Canada’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to CoStar’s July 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

U.S. hotel performance for July 2023

The U.S. hotel industry reported mixed performance results month over month, according to July 2023 from CoStar.

U.S. hotel results for week ending 12 August

U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through 12 August.

Baird/STR Hotel Stock Index jumped 8.2% in July

The Baird/STR Hotel Stock Index grew 8.2% in July to a level of 6,074.

U.S. hotel results for week ending 5 August

U.S. hotel performance declined from the previous week and showed lower comparisons year over year, according to CoStar’s latest data through 5 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

STR, TE lower growth forecast for U.S. hotels

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast just presented at the 15th Annual Hotel Data Conference.

Europe’s key hotel markets report highest GOPPAR of 2023

Each of Europe’s key hotel markets saw year-over-year improvement and their highest 2023 levels in gross operating profit per available room (GOPPAR), according to CoStar’s June 2023 P&L data release. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Labor costs kept U.S. hotel GOPPAR down in June

U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month, according to CoStar’s June 2023 P&L data release. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.