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IHIF Preview: UK and Ireland hotel occupancy at pre-pandemic levels

LONDON 31 March 2025 – Among European countries, the United Kingdom and Ireland have achieved hotel occupancy indices at or above 100% of pre-pandemic levels, according to CoStar data that will be presented this week at IHIF EMEA in Berlin.

As of February 2025, Ireland showed a running 12-month occupancy that was 102% of the 2019 comparable, followed closely by the United Kingdom at 100%. Across the rest of Europe, Mediterranean countries are not far behind, with Spain, Italy, and Greece all posting hotel occupancy at 99% of what was seen in 2019.

Overall, hotel performance levels have been on a rise around most of the world. For the three months ending with February 2025, Europe occupancy was at 60%, which was 2% higher year over year. Average daily rate (ADR) came in at US$137 on a constant currency basis, a gain of 3% year over year.  

The Middle East was at 77% (+2%) and US$205 (+4%). The Northern Africa region demonstrated the highest growth rates with levels at 59% (+11%) and US$127 (+37%). Sub-Saharan Africa lost occupancy (57%, -2%) but still grew ADR (US$164, +11%). 

STR representatives at this year’s IHIF EMEA include Aoife Roche, regional vice president of STR Sales (EMEA), presenting on Tuesday, 1 April, at 10:00 a.m. CEST, as well as Alexander Robinson, regional manager of Europe Industry Partners, presenting on Wednesday, 2 April, at 9:30 a.m. CEST.

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 87,000 properties and 11 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 Executive – STR
media@str.com 

About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, and online marketplaces. 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 include 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 134 million average monthly unique visitors in the fourth quarter of 2024, 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.