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.
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.
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.
Matthew Burke
Matthew Burke is the Regional Director, Asia Pacific ex China at STR, leading growth in the Pacific, Japan, and Central/South Asia. He has over a dozen years of experience in hospitality with a specialization in revenue management. With a passion for analysis of...
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.
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.
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.
Dubai hotel occupancy jumped during Diwali
Diwali celebrations helped Dubai’s hotel industry post its highest October occupancy level since 2012, according to preliminary data from CoStar.