Berlin hotel room rates jumped during an eventful July
Berlin hotel room rates jumped during an eventful JulyWASHINGTON – 14 August 2024 – Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
July 2024 (year-over-year % change):
Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in June
Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in JuneWASHINGTON – 10 July 2024 – 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
Sydney hotel performance lifted by Vivid Drone Show and Sydney Film FestivalWASHINGTON – 10 July 2024 – 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. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Cologne hotel ADR and RevPAR reached record-high thanks to Euros
Cologne hotel ADR and RevPAR reached record-high thanks to EurosWeekend events drove Dublin hotel rates past €300
Weekend events drove Dublin hotel rates past €300Boosted by three large-scale events during the final weekend of June, Dublin hotel average daily rate (ADR) eclipsed EUR300 for just the second time this year and sixth time in history, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Madonna concert drove Rio de Janeiro’s hotel performance in May
Madonna concert drove Rio de Janeiro’s hotel performance in MayWASHINGTON – 12 June 2024 –Madonna’s final concert of her Celebration Tour pushed Rio de Janeiro’s hotel performance in May, according to preliminary data from CoStar.
May events pushed Berlin hotel performance
May events pushed Berlin hotel performanceWASHINGTON – 12 June 2024 – Helped by a number of events, Berlin hotels saw improved performance in May, according to preliminary data from CoStar.
Tokyo room rates reached a new peak in May
Tokyo room rates reached a new peak in MayWASHINGTON – 12 June 2024 – Tokyo’s hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR) in May, according to preliminary data from CoStar.
Sporting events elevated Madrid hotel performance in April
Sporting events elevated Madrid hotel performance in AprilWASHINGTON – 15 May 2024 – Pushed by the Madrid Open and the UEFA Champions League quarterfinals, Madrid's hotel industry posted double-digit performance growth in April, according to preliminary data from CoStar.
Sydney hotels saw improved performance in April
Sydney hotels saw improved performance in AprilWASHINGTON – 15 May 2024 – Sydney's hotel industry recorded year-over-year increases in each of the three key performance metrics, according to April preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
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