Press Releases

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Sporting events elevated Madrid hotel performance in April

Pushed by the Madrid Open and the UEFA Champions League quarterfinals, Madrid's hotel industry posted double-digit performance growth in April, according to preliminary data from CoStar.

Qatar’s April hotel performance peaked during Eid al-Fitr

Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar.

Sydney hotels saw improved performance in April

Sydney's hotel industry recorded year-over-year increases in each of the three key performance metrics, according to April preliminary data from CoStar.

U.S. hotel results for week ending 4 May

U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 4 May.

U.S. hotel results for week ending 27 April

As expected with Passover, U.S. hotel performance came in lower than the previous week and comparable period last year, according to CoStar’s latest data through 27 April.

Ramadan and Eid al-Fitr a success for Dubai hotels

Dubai’s hotel occupancy and average daily rate (ADR) reached elevated levels during Ramadan and Eid al-Fitr, according to recent data from CoStar.

U.S. hotel results for week ending 20 April

U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 20 April.

Canada hotels record first transient occupancy increase in four months

After four consecutive months of year-over-year declines, Canada’s hotel industry reported a marginal lift in transient occupancy, according to CoStar’s March 2024 data.

Events driving hotel performance in Adelaide; bookings during LIV Golf at 72%

A number of large-scale events have boosted hotel performance in Adelaide, with further jumps expected for upcoming events, according to recent data from CoStar.

U.S. hotel performance for March 2024

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

U.S. hotel results for week ending 13 April

Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through 13 April.

U.S. hotel construction activity rose in March, first increase in nine months

The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data.