U.S. hotel results for week ending 11 January
U.S. hotel results for week ending 11 JanuaryWASHINGTON – 16 January 2025 – The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 11 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Munich hotels posted record high December room rates
Munich hotels posted record high December room ratesWASHINGTON – 15 January 2025 – Munich’s hotel industry reported its highest December average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2024 (year-over-year % change):
Qatar hotel performance jumped for eventful December
Qatar hotel performance jumped for eventful DecemberWASHINGTON – 15 January 2025 – Host of multiple events, Qatar’s hotel industry saw its highest December occupancy on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2024 (year-over-year % change):
Occupancy: 78.5% (+8.5%)
Sydney’s hotel room rates reached all-time high on New Year’s Eve
Sydney’s hotel room rates reached all-time high on New Year’s EveWASHINGTON – 15 January 2025 – Sydney’s hotel industry posted record high average daily rate and revenue per available room on New Year’s Eve, according to December preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2024 (year-over-year % change):
U.S. hotel results for week ending 4 January
U.S. hotel results for week ending 4 JanuaryWASHINGTON – 9 January 2025 – Due to the New Year’s holiday shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 4 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 28 December
U.S. hotel results for week ending 28 DecemberWASHINGTON – 3 January 2025 – The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through 28 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
CoStar Group’s SHARE Center crowns winners of four Student Market Study Competitions
CoStar Group’s SHARE Center crowns winners of four Student Market Study CompetitionsWASHINGTON – 23 December 2024 – In its continued worldwide support of hospitality, tourism and real estate higher education, CoStar Group’s SHARE Center held four student market competitions in November 2024.
In total, 44 teams of three to six students, with the assistance of their faculty advisors, selected a market and were provided with a standard set of reports and data. Each competition was held via Zoom, with senior level industry professionals serving on the panels of judges.
U.S. hotel results for week ending 21 December
U.S. hotel results for week ending 21 DecemberWASHINGTON – 30 December 2024 – The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 21 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s November hotel performance driven by Taylor Swift’s Eras Tour
Canada’s November hotel performance driven by Taylor Swift’s Eras TourWASHINGTON – 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 results for week ending 14 December
U.S. hotel results for week ending 14 DecemberWASHINGTON – 19 December 2024 – The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 14 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Growth was elevated due to the Hannukah calendar shift as well as the compressed business travel period between Thanksgiving and Christmas.