Formula 1 drove São Paulo hotel performance to record-highs

ARLINGTON, Va. – 10 December 2025 – The Brazilian Grand Prix race pushed São Paulo’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to November preliminary data from CoStar, a leading provider of online real estate marketplaces, information and analytics in the property markets. 

November 2025 (year-over-year % change):

• Occupancy: 74.3% (+3.4%)

• ADR: BRL 1,025.95 (+26.5%)

• RevPAR: BRL762.15 (+30.8%)

November 2025 was the market’s first month on record with ADR above the BLR 1,000 mark. In addition to the jumps in ADR and RevPAR, São Paulo’s monthly occupancy was its highest since 2011.

The 2025 Grand Prix race led to peaks across the three key performance metrics. ADR (BRL1,699.90) and RevPAR (BRL1,573.32) peaked Friday, 7 November, while occupancy (93.6%) climbed to a monthly high the night before. Both ADR and RevPAR levels were the highest ever recorded in the market.

São Paulo’s ADR to remained above the BRL 1,000 mark for seven days (4-10 November), while RevPAR surpassed the BRL 1,000 on two nights before the race as well.

For more information about the company and its products and services, please visit www.costargroup.com. 

Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Karolina Capova
Senior Media Relations Specialist
kcapova@str.com

About CoStar Group 
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 143 million average monthly unique visitors in the third quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com