Dubai Airshow and COP28 push hotel bookings
Dubai’s hotel industry has seen a noticeable jump in occupancy on the books as the market prepares to host the Dubai Airshow and COP28, according to CoStar’s Forward STAR data.
U.S. hotel profitability reflects gains in corporate demand and groups
A recent increase in U.S. hotel labor costs reflects a normalizing business mix and significant gains in group demand, according to September year-to-date P&L data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analy...
U.S. hotel results for week ending 4 November
U.S. hotel performance showed an expected decline from the previous week as well as mixed year-over-year comparisons, according to CoStar’s latest data through 4 November.
Baird/STR Hotel Stock Index down 2.4% in October
The Baird/STR Hotel Stock Index decreased 2.4% in October to a level of 5,600.
Riyadh hotel ADR and RevPAR reached record highs in October
Riyadh’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) level on record, according to October 2023 preliminary data from CoStar.
Madrid hotels post highest ADR and RevPAR on record in October
Madrid’s hotel average daily rate (ADR) and revenue per available room (RevPAR) reached the highest monthly levels on record, according to October 2023 preliminary data from CoStar.
U.S. hotel results for week ending 11 November
U.S. hotel performance increased from the previous week and showed positive year-over-year comparisons, according to CoStar’s latest data through 11 November.
STR, TE upgrade U.S. ADR and RevPAR forecast
STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.
U.S. hotel performance for October 2023
The U.S. hotel industry reported mixed performance results from the previous month, according to October 2023 from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada hotels recorded double-digit RevPAR growth in October
Following seasonal patterns, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s October 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the...
U.S. hotel results for week ending 18 November
U.S. hotel performance showed mixed year-over-year comparisons, according to CoStar’s latest data through 18 November.
U.S. hotel results for week ending 25 November
As expected due to the Thanksgiving holiday, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 25 November.