ARLINGTON, Va – 10 June 2025 – The Formula 1 Grand Prix race pushed Monaco’s hotel industry to its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary May data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
May 2025 (year-over-year % change):
- Occupancy: 75.2% (+14.4%)
- ADR: EUR 1,029.67 (+4.9%)
- RevPAR: EUR773.80 (+20.0%)
In addition to the records in ADR and RevPAR, Monaco's monthly occupancy was its highest since 2000. May was also the first time in history the market’s monthly ADR surpassed the EUR 1,000 mark.
Monaco’s ADR (EUR 3,545.41) and RevPAR (EUR 3,334.22) peaked on Sunday, 25 May. Occupancy (96.7%) was highest on Saturday, 24 May.
The daily occupancy level was the highest in the market since the final night of the last year’s Grand Prix (26 May 2024: 97.2%). ADR and RevPAR were above EUR 3,000 for the first time.
For comparison, the 2024 event took place between 24-26 May, during which occupancy peaked on Saturday, 25 May (98.0%). ADR and RevPAR peaked at EUR 2,925.20 and EUR 2,843.46, respectively, on Sunday 26 May.
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 88,000 properties and 11.5 million rooms. Members of the media should refer to the contacts listed below for additional data requests.
News Media Contact
Karolina Capova
Senior Media Relations Executive
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; and Homes.com, the fastest-growing residential real estate marketplace. 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 130 million average monthly unique visitors in the first 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.