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STR, TE maintain 2024-25 U.S. hotel forecast

STR and Tourism Economics made slight adjustments to the 2024-25 U.S. hotel forecast just released at the 16th Annual Hotel Data Conference.

U.S. hotel results for week ending 27 July

The U.S. hotel industry reported lower performance results than the previous week and mixed comparisons year over year, according to CoStar’s latest data through 27 July.

U.S. hotel results for week ending 20 July

The U.S. hotel industry reported higher performance results than the previous week and positive comparisons year over year, according to CoStar’s latest data through 20 July.

Growth in room rates continues to drive Canada hotel industry

Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.

U.S. hotel performance for June 2024

The U.S. hotel industry reported improved performance results from the previous month, according to June 2024 data from CoStar.

The Americas and Asia Pacific show growth in hotel pipeline activity

Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar.

U.S. hotel results for week ending 13 July

The U.S. hotel industry reported higher performance results than the previous week but lower comparisons year over year, according to CoStar’s latest data through 13 July.

U.S. hotel construction activity highest since February 2023

The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data.

U.S. hotel results for week ending 6 July

Due to the Fourth of July, the U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 6 July.

Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in June

Thanks to a boost from the annual Spanish Grand Prix, Barcelona's monthly average daily rate (ADR) and revenue per available room (RevPAR) reached all-time highs, according to preliminary data from CoStar.

Sydney hotel performance lifted by Vivid Drone Show and Sydney Film Festival

The ‘Love Is In The Air’ Vivid Drone Show and the 71st Sydney Film Festival lifted June hotel performance in the market, according to preliminary data from CoStar.

Cologne hotel ADR and RevPAR reached record-high thanks to Euros

Pushed by the 2024 UEFA European Football Championship, Cologne’s hotel industry recorded its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to June preliminary data from CoStar.