U.S. hotel results for week ending 27 January
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 27 January.
U.S. hotel profitability gains led by full-service chains, major markets
Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023 P&L data from CoStar.
U.S. hotel results for week ending 3 February
U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 3 February.
Coldplay concerts drove Singapore hotel performance in January, Taylor Swift up next in March
Helped by Coldplay’s World of the Spheres Tour, Singapore hotels saw healthy performance growth, according to preliminary January data from CoStar.
U.S. hotel results for week ending 10 February
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 10 February.
U.S. hotel performance for January 2024
The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.
U.S. hotel results for week ending 17 February
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 17 February.
Canada hotel occupancy dipped because of less leisure demand in January
Canada’s hotel industry showed lower occupancy but continued growth in average daily rate (ADR), according to CoStar’s January 2024 data.
U.S. hotel results for week ending 24 February
U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through 24 February.
U.S. hotel results for week ending 2 March
U.S. hotel performance was mostly positive year over year, according to CoStar’s latest data through 2 March.
Rio de Janeiro room rates peaked during Carnival
Helped by Carnival, Rio de Janeiro’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) since 2016, according to February preliminary data from CoStar.
Record-high room rates in Melbourne, Sydney driven by the Eras Tour
Boosted by Taylor Swift’s Eras Tour, the hotel industries in both Sydney and Melbourne posted their highest average daily rate (ADR) for any month on record, according to February preliminary data from CoStar.