Monthly

Room rate growth continues to drive Canada hotel performance

Room rate growth continues to drive Canada hotel performance
25 February 2025

ARLINGTON, Va. 25 February 2025 – Canada’s hotel industry reported positive performance year over year, driven by growth in room rates, according to January data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

January 2025 (percentage change from 2024):

U.S. hotel performance for January 2025

U.S. hotel performance for January 2025
20 February 2025

ARLINGTON, Va. – 20 February 2025 – The U.S. hotel industry reported lower performance results from the previous month, according to January 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

January 2025 (percentage change from January 2024):

U.S. hotel performance for December 2024

U.S. hotel performance for December 2024
24 January 2025

WASHINGTON – 24 January2024 – The U.S. hotel industry reported mixed performance results from the previous month, according to December 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

December 2024 (percentage change from December 2023):

Canada’s November hotel performance driven by Taylor Swift’s Eras Tour

Canada’s November hotel performance driven by Taylor Swift’s Eras Tour
23 December 2024

WASHINGTON 23 December 2024 – Canada’s hotel performance was lifted by Taylor Swift’s Eras Tour as well as a calendar shift, according to November data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel performance for November 2024

U.S. hotel performance for November 2024
18 December 2024

WASHINGTON – 18 December 2024 – The U.S. hotel industry reported lower performance results from the previous month, according to November 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

November 2024 (percentage change from November 2023):

Canada hotels posted record-high room rates for an October

Canada hotels posted record-high room rates for an October
22 November 2024

WASHINGTON 22 November 2024 – Canada’s October hotel average daily rate (ADR) exceeded CAD200 for the first time on record, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel performance for October 2024

U.S. hotel performance for October 2024
21 November 2024

WASHINGTON – 21 November2024 – The U.S. hotel industry reported higher performance results from the previous month, according to October 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

October 2024 (percentage change from October 2023):

Canada hotels record first occupancy decline in nine months

Canada hotels record first occupancy decline in nine months
22 October 2024

WASHINGTON 22 October 2024 – Canada’s hotel industry recorded its first month-over-month occupancy decline since January 2024, according to CoStar’s September 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel performance for September 2024

U.S. hotel performance for September 2024
18 October 2024

WASHINGTON – 18 October 2024 – The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

September 2024 (percentage change from September 2023):

U.S. hotel performance for August 2024

U.S. hotel performance for August 2024
19 September 2024

WASHINGTON – 19 September2024 – The U.S. hotel industry reported lower performance results from the previous month but positive comparisons year over year, according to August 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

August 2024 (percentage change from August 2023):

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