ARLINGTON, Va. – 14 October 2025 – Driven by the Italian Grand Prix and Fashion Week, Milan posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
September 2025 (year-over-year % change):
Occupancy: 82.2% (+6.1%)
ADR: EUR292.27 (+14.7%)
RevPAR: EUR240.23 (+21.7%)
During the second night of the Italian Grand Prix (6 September), Milan hotel performance peaked in each of the three key metrics: occupancy (93.1%), ADR (EUR411.57) and RevPAR (EUR383.30).
Milan also hosted Milano Fashion Week (23-29 September), which pushed Wednesday, 24 September occupancy to 91.4%, and ADR and RevPAR to EUR394.60 and EUR360.68, respectively. Performance was also helped by the Simac Tanning Tech exhibition coinciding with the first three nights of Fashion Week.
Occupancy remained above 70% in all but three nights during the month.
For more information about the company and its products and services, please visit www.costargroup.com.
Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
News Media Contact
Karolina Capova
Senior Media Relations Specialist – STR
media@str.com
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 141 million average monthly unique visitors in the second quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.