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Rome hotel performance reached 2025 high during Pope Francis’ funeral

ARLINGTON, Va. 1 May 2025 – Rome’s hotel industry recorded its highest daily performance levels of 2025 due to the funeral of Pope Francis, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

The market peaked on 25 April, the night prior to the funeral, in occupancy (88.8%), average daily rate (EUR351.13) and revenue per available room (EUR311.90). Those levels were Rome’s highest for any day this year, while the ADR was the eighth highest for any day on record. 

Room rates and RevPAR on 26 April (the day of the funeral) were the second highest for the year, at EUR336.45 and EUR285.25, respectively, while occupancy was the fourth highest at 84.8%. 

Each of Rome’s submarkets saw double-digit ADR increases on 26 April, with Rome Centre posting the largest year-over-year lift (+42.1% to EUR786.89). 

“We have seen the continued power of events across Europe; however, most events, be it sporting tournaments or concerts, are announced months in advance, allowing guests and hoteliers alike to plan and understand their budgets accordingly,” said Alexander Robinson, regional director at STR. “Pope Francis’ funeral was announced just five days in advance – a short-term booking window for such a level of compression for the market, which makes this performance even more unique.”

Looking ahead, Rome’s hotel occupancy on the books is as high as 84.2% on 7 May, the start of the conclave, and is the highest level of the next 90 days. 

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 88,000 properties and 11.5 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Haley Luther
Senior Communications Manager – STR 
(216) 278-0627
hluther@str.com 

About CoStar Group, Inc. 
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.