Press Releases

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U.S. hotel construction activity highest since February 2023

The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data.

U.S. hotel results for week ending 6 July

Due to the Fourth of July, the U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 6 July.

Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in June

Thanks to a boost from the annual Spanish Grand Prix, Barcelona's monthly average daily rate (ADR) and revenue per available room (RevPAR) reached all-time highs, according to preliminary data from CoStar.

Sydney hotel performance lifted by Vivid Drone Show and Sydney Film Festival

The ‘Love Is In The Air’ Vivid Drone Show and the 71st Sydney Film Festival lifted June hotel performance in the market, according to preliminary data from CoStar.

Cologne hotel ADR and RevPAR reached record-high thanks to Euros

Pushed by the 2024 UEFA European Football Championship, Cologne’s hotel industry recorded its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to June preliminary data from CoStar.

U.S. hotel results for week ending 29 June

The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through 29 June.

Weekend events drove Dublin hotel rates past €300

Boosted by three large-scale events during the final weekend of June, Dublin hotel average daily rate (ADR) eclipsed EUR300 for just the second time this year and sixth time in history, according to preliminary data from CoStar.

U.S. hotel results for week ending 22 June

The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 22 June.

Paris hotel booking levels nearing 80% for the Summer Olympics

With one month until the start of the Summer Olympic Games, Paris hotel booking levels are nearing 80%, according to CoStar’s latest Forward STAR data.

Canada hotel industry records highest performance since September 2023

Canada’s hotel industry recorded its highest performance levels in eight months, according to CoStar’s May 2024 data.

U.S. hotel results for week ending 15 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 15 June.

U.S. hotel performance for May 2024

The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar.