Press Releases

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CoStar Group upgrades product access for STR’s hotel data subscribers

CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets announced today that it will grant STR’s hotel data subscribers with access to the full CoStar product.

U.S. hotel results for week ending 8 June

The U.S. hotel industry reported higher performance results from the previous week but mixed comparisons year over year, according to CoStar’s latest data through 8 June.

Madonna concert drove Rio de Janeiro’s hotel performance in May

Madonna’s final concert of her Celebration Tour pushed Rio de Janeiro’s hotel performance in May, according to preliminary data from CoStar.

May events pushed Berlin hotel performance

Helped by a number of events, Berlin hotels saw improved performance in May, according to preliminary data from CoStar.

Tokyo room rates reached a new peak in May

Tokyo’s hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR) in May, according to preliminary data from CoStar.

U.S. hotel results for week ending 1 June

Due to Memorial Day, the U.S. hotel industry reported lower performance results from the previous week but slightly positive comparisons year over year, according to CoStar’s latest data through 1 June.

STR, TE downgrade U.S. hotel forecast

STR and Tourism Economics made significant downward adjustments to the 2024-25 U.S. hotel forecast just released at the 46th Annual NYU International Hospitality Industry Investment Conference. The latest revision reflects lower-than-expected performance thus far in 2024 as well as lessened growth projections for.

U.S. hotel results for week ending 25 May

The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 25 May

Canada hotels report first occupancy increase in four months

After four consecutive months of year-over-year declines, Canada’s hotel industry reported an increase in occupancy, according to CoStar’s April 2024 data.

U.S. hotel results for week ending 18 May

The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through 18 May.

U.S. hotel performance for April 2024

The U.S. hotel industry reported mixed performance results from the previous month, but positive comparisons year over year, according to April 2024 data from CoStar.

U.S. hotel results for week ending 11 May

The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through 11 May.