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.
Major markets driving U.S. hotel profitability gains
Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. ...
U.S. hotel results for week ending 2 December
As expected, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through 2 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Baird/STR Hotel Stock Index up 9.3% in November
The Baird/STR Hotel Stock Index increased 9.3% in November to a level of 6,119.
Jakarta hotel occupancy and RevPAR reached significant levels in November
Jakarta hotels recorded their highest levels in occupancy and revenue per available room (RevPAR) since November 2011 and November 2013, respectively, according to preliminary data from CoStar.
São Paulo hotel ADR and RevPAR reached record highs in November
São Paulo’s hotel industry reported its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, helped by several notable events, according to preliminary November data from CoStar.
U.S. hotel results for week ending 9 December
U.S. hotel performance increased from the previous week, according to CoStar’s latest data through 9 December.
Canada hotel performance followed seasonal trends in November
As expected, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s November 2023 data.