London hotel performance growth moderated in September
London hotel performance growth moderated in SeptemberWASHINGTON – 12 October 2023 – With the summer travel surge concluded, London’s hotel industry showed more normalized levels of growth, according to preliminary September 2023 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Lower room rates stalled Melbourne’s performance growth in September
Lower room rates stalled Melbourne’s performance growth in SeptemberWASHINGTON – 12 October 2023 – Melbourne’s hotel industry reported a decline in revenue per available room (RevPAR) for just the second time this year, according to September 2023 preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Berlin hotel performance reaches 8-month high in June
Berlin hotel performance reaches 8-month high in JuneLONDON— Berlin’s hotel industry recorded its highest performance since September 2022, according to preliminary June 2023 data from STR.
June 2023 (year-over-year % change):
STR: Amsterdam hotel ADR and RevPAR reached record-highs in April
STR: Amsterdam hotel ADR and RevPAR reached record-highs in AprilLONDON – Amsterdam’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) for any month on record, according to preliminary April 2023 data from STR.
April 2023 (year-over-year % change)
STR: London hotel performance remained steady in December
STR: London hotel performance remained steady in DecemberLONDON – London hotel average daily rate (ADR) and revenue per available room (RevPAR) came in higher than the 2019 comparable for an eighth consecutive month, according to preliminary December 2022 data from STR.
STR: London hotels post record-breaking room rates
STR: London hotels post record-breaking room ratesLONDON—London’s hotel industry reported its highest monthly room rates on record, according to preliminary June 2022 data from STR.
STR: Preliminary September data for Sydney hotels
STR: Preliminary September data for Sydney hotelsLONDON—STR’s preliminary September 2019 data for hotels in Sydney, Australia, indicates low occupancy.
STR: Preliminary September data for Abu Dhabi hotels
STR: Preliminary September data for Abu Dhabi hotelsLONDON—STR’s preliminary September 2019 data for Abu Dhabi, United Arab Emirates, indicates significant growth in demand due to a strong events calendar.
STR: Preliminary September data for London hotels
STR: Preliminary September data for London hotelsLONDON—STR’s preliminary September 2019 data for London indicates high performance helped by a busy events calendar.
Discover how CoStar could help your business.
Contact us at 888-226-7404 or submit this form to request a demo.