ARLINGTON, Va. – 12 February 2025 –New Year’s celebrations and multiple events pushed Paris hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for January, according to preliminary data from CoStar. CoStar is a leading global provider of commercial real estate data, analytics and news.
January 2025 (year-over-year % change):
- Occupancy: 66.6% (+6.5%)
- ADR: EUR355.96 (+6.3%)
- RevPAR: EUR237.03 (+13.3%)
Paris hosted several events later in the month, including Pharmapack (22-23 January), IMCAS World Congress (30 January-1 February), and two Fashion Weeks (Menswear on 21-26 January and Haute Couture on 27-30 January).
The second night of the Menswear Paris Fashion Week overlapped with the first night of Pharmapack and pushed the market’s occupancy to a high of 84.7% on Wednesday, 22 January. ADR was above EUR400 on three straight nights from 24-26 January.
ADR and RevPAR peaked on New Year’s Day at EUR469.47 and EUR373.37, respectively.
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 85,000 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
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 163 million average monthly unique visitors in the third 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.
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