U.S. hotel results for week ending 5 April
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 5 April.
Barcelona room rates jumped in March
Barcelona’s hotel industry recorded its highest-ever March average daily rate (ADR), with one night during the Mobile World Congress reaching the second-highest individual level in the market’s history, according to preliminary data from CoStar.
Carnival pushed Rio de Janeiro RevPAR to record-high
Boosted by the annual Carnival, Rio de Janeiro’s hotel industry posted its highest monthly revenue per available room (RevPAR) on record, according to March preliminary data from CoStar.
Ajman and Ras Al Khaimah highlight UAE hotel performance during Eid al-Fitr
During Eid al-Fitr celebrations in the United Arab Emirates (UAE), Ajman was the only hotel market to top 95% occupancy, and Ras Al Khaimah was the only market where average daily date (ADR) surpassed AED 1,000, according to data from CoStar