U.S. hotel results for week ending 20 January
U.S. hotel results for week ending 20 JanuaryWASHINGTON – 25 January 2024 – U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 20 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
STR, TE maintain projections in first U.S. hotel forecast of 2024
STR, TE maintain projections in first U.S. hotel forecast of 2024HENDERSONVILLE, Tennessee—STR and Tourism Economics made minimal adjustments to growth projections in the first U.S.
U.S. hotel results for week ending 13 January
U.S. hotel results for week ending 13 JanuaryWASHINGTON – 18 January 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 13 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Planning phases of U.S. hotel pipeline reflect confidence in travel
Planning phases of U.S. hotel pipeline reflect confidence in travelWASHINGTON – 18 January 2024 – Activity in the planning phases of the U.S. hotel pipeline remain up, while rooms in construction decreased after two months of gains, according to CoStar’s December 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel performance for December 2023
U.S. hotel performance for December 2023WASHINGTON – 18 January 2024 – As expected due to the holiday season, the U.S. hotel industry reported lower performance results month over month, according to December 2023 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
London hotel performance jumped during holiday season
London hotel performance jumped during holiday seasonWASHINGTON – 15 January 2024 – Helped by the holiday travel season, London hotels posted significant performance levels, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2023 (year-over-year % change):
COP28 and New Year’s Eve boosted Dubai hotel performance in December
COP28 and New Year’s Eve boosted Dubai hotel performance in DecemberWASHINGTON – 15 January 2024 – Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Sydney hotels posted record-high room rates in December
Sydney hotels posted record-high room rates in DecemberWASHINGTON – 15 January 2024 – Helped by New Year’s Eve, Sydney’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to December preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Baird/STR Hotel Stock Index jumped 10.5% in December, ended year up 38.4%
Baird/STR Hotel Stock Index jumped 10.5% in December, ended year up 38.4%HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5% in December to a level of 6,760. For 2023, the stock index was up 38.4%.
U.S. hotel results for week ending 6 January
U.S. hotel results for week ending 6 JanuaryWASHINGTON – 11 January 2024 – U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through 6 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.