Berlin hotels posted all-time high performance for September
The 2024 International Trade Fair for Transport Technology (InnoTrans) pushed Berlin’s monthly average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to September preliminary data from CoStar.
Events pushed Brisbane hotel performance to September highs
Events pushed Brisbane hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for September, according to preliminary data from CoStar.
Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio
Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar.
U.S. hotel results for week ending 12 October
Helped by the Columbus Day/Indigenous Peoples' Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 12 October.
U.S. hotel performance for September 2024
The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 data from CoStar.
Canada hotels record first occupancy decline in nine months
Canada’s hotel industry recorded its first month-over-month occupancy decline since January 2024, according to CoStar’s September 2024 data.
U.S. hotel construction increased for seventh consecutive month
The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s September 2024 data.
Hotel pipeline activity increased globally, except for Europe
Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar.
U.S. hotel results for week ending 19 October
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October.
U.S. hotel results for week ending 26 October
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 26 October.
U.S. hotel results for week ending 2 November
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 2 November.
Mix of October events drove Melbourne hotel performance
A number of events, including multiple concerts by Olivia Rodrigo and Coldplay, lifted Melbourne hotel performance in October, according to preliminary data from CoStar.