U.S. hotel results for week ending 17 February
U.S. hotel results for week ending 17 FebruaryWASHINGTON – 22 February 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 17 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada hotel occupancy dipped because of less leisure demand in January
Canada hotel occupancy dipped because of less leisure demand in JanuaryWASHINGTON – 22 January 2024 – Canada’s hotel industry showed lower occupancy but continued growth in average daily rate (ADR), according to CoStar’s January 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
January 2024 (percentage change from 2023):
U.S. hotel performance for January 2024
U.S. hotel performance for January 2024WASHINGTON – 16 February 2024 – The U.S. hotel industry reported lower performance results month over month, according to January 2024 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 10 February
U.S. hotel results for week ending 10 FebruaryWASHINGTON – 15 February 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 10 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Coldplay concerts drove Singapore hotel performance in January, Taylor Swift up next in March
Coldplay concerts drove Singapore hotel performance in January, Taylor Swift up next in MarchWASHINGTON – 14 February 2024 – Helped by Coldplay’s World of the Spheres Tour, Singapore hotels saw healthy performance growth, according to preliminary January 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 3 February
U.S. hotel results for week ending 3 FebruaryWASHINGTON – 8 February 2024 – U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 3 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Paris hotels already 50% booked for Summer Olympics
Paris hotels already 50% booked for Summer OlympicsWASHINGTON – 6 February 2024 – Paris’ hotel occupancy on the books is already topping 50% for the 2024 Summer Olympics, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
U.S. hotel profitability gains led by full-service chains, major markets
U.S. hotel profitability gains led by full-service chains, major marketsWASHINGTON – 2 February 2024 – Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023 P&L 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 27 January
U.S. hotel results for week ending 27 JanuaryWASHINGTON – 1 February 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 27 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Las Vegas forecasted for highest hotel ADR in Super Bowl history
Las Vegas forecasted for highest hotel ADR in Super Bowl historyHENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for 9-11 February 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.