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.
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.
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.
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.
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 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.
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.
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.