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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 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.

Canada hotels record first occupancy decline in nine months

Canada’s hotel industry recorded its first month-over-month occupancy decline since January 2024, according to CoStar’s September 2024 data.

U.S. hotel performance for September 2024

The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 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.

Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio

Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar.

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.

Berlin hotels posted all-time high performance for September

The 2024 International Trade Fair for Transport Technology (InnoTrans) pushed Berlin’s monthly average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to September preliminary data from CoStar.

U.S. hotel results for week ending 5 October

Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October.

Auckland hotel booking levels topping 80% for upcoming Coldplay concerts

Auckland hotel booking levels are as high as 84% for Coldplay’s ‘Music of the Spheres’ World Tour next month, according to data from CoStar.

U.S. hotel results for week ending 28 September

The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 28 September.

U.S. hotel results for week ending 21 September

The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 21 September.