New build
Property built from the ground up, not a conversion or building that was not previously a hotel.
Canada hotels posted record-high room rates for an October
Canada’s October hotel average daily rate (ADR) exceeded CAD200 for the first time on record, according to data from CoStar.
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U.S. hotel results for week ending 23 November
Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year performance comparisons, according to CoStar’s latest data through 23 November.
Baku hotels posted record-high room rates during COP29
The 29th Conference of the Parties (COP29) drove Baku’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to record-high levels, according to data from CoStar.
U.S. hotel results for week ending 30 November
Due to the Thanksgiving calendar shift, the U.S. hotel industry reported lower year-over-year performance comparisons, according to CoStar’s latest data through 30 November.
November fairs boosted Madrid hotel performance
Madrid’s hotel industry recorded its highest November average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.
Qatar hotel performance jumped for Grand Prix
Qatar saw a spike in hotel performance helped by the Formula 1 Qatar Airways Grand Prix 2024, according to November preliminary data from CoStar
Rio de Janeiro room rates jumped for G20
The 2024 G20 Summit pushed Rio de Janeiro’s hotel industry to its highest average monthly daily rate (ADR) and revenue per available room (RevPAR) since August 2016, according to November preliminary data from CoStar.
U.S. hotel results for week ending 7 December
The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 7 December.
Paris hotels already 50% booked for Summer Olympics
Paris’ hotel occupancy on the books is already topping 50% for the 2024 Summer Olympics, according to data from CoStar.
U.S. hotel results for week ending 14 December
The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 14 December.