Munich room rates spiked for Expo Real
Munich hotels saw a spike in average daily rate (ADR) and revenue per available room (RevPAR) during Expo Real, according to October preliminary data from CoStar.
U.S. hotel results for week ending 9 November
As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar’s latest data through 9 November.
Oasis tour driving hotel bookings across European markets
Eight months before the start of Oasis’ sold-out tour, host markets in Europe are already seeing a significant impact on occupancy on the books, according to Forward STAR data from CoStar.
Property (hotel)
STR defines a property (hotel) based on three exclusionary criteria:Typically 10 or more roomsOpen to the public (excludes properties requiring membership, affiliation or club status)Generates nightly revenueNote: A property with fewer than 10 rooms may partici...
STR, TE lower U.S. hotel growth forecast in final revision of 2024
STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.
Cali hotel room rates reached an all-time high during COP16
The hotel industry in Cali, Colombia, posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record during the 16th UN Biodiversity Conference (COP16), according to data from CoStar.
U.S. hotel results for week ending 16 November
Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar’s latest data through 16 November
U.S. hotel performance for October 2024
The U.S. hotel industry reported higher performance results from the previous month, according to October 2024 data from CoStar.
Additional revenue
Additional revenue includes F&B Revenue, Other Revenue and Total Revenue, as defined below: F&B Revenue: Revenue derived from the sale of food, beverages and other sources within the F&B department. Other Revenue: All revenue generated outside of room...
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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