Hotel pipeline activity down globally, except in the Americas
The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.
Paris hotel bookings pacing above 60% for Summer Olympic period
Paris hotel bookings for the 2024 Summer Olympics are pacing above 60%, according to CoStar’s latest Forward STAR data.
U.S. hotel construction activity rose in March, first increase in nine months
The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data.
U.S. hotel results for week ending 13 April
Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through 13 April.
U.S. hotel performance for March 2024
The U.S. hotel industry reported higher performance results from the previous month, but mixed comparisons year over year, according to March 2024 data from CoStar.
Canada hotels record first transient occupancy increase in four months
After four consecutive months of year-over-year declines, Canada’s hotel industry reported a marginal lift in transient occupancy, according to CoStar’s March 2024 data.
U.S. hotel results for week ending 20 April
U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 20 April.
Ramadan and Eid al-Fitr a success for Dubai hotels
Dubai’s hotel occupancy and average daily rate (ADR) reached elevated levels during Ramadan and Eid al-Fitr, according to recent data from CoStar.
U.S. hotel results for week ending 27 April
As expected with Passover, U.S. hotel performance came in lower than the previous week and comparable period last year, according to CoStar’s latest data through 27 April.
U.S. hotel results for week ending 4 May
U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 4 May.
Sydney hotels saw improved performance in April
Sydney's hotel industry recorded year-over-year increases in each of the three key performance metrics, according to April preliminary data from CoStar.
Qatar’s April hotel performance peaked during Eid al-Fitr
Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar.