MCE, Paralympics, and Fashion Week push Milan hotel room rates to March record

ARLINGTON, Va. – 14 April 2026 – A combination of events led Milan to its highest average daily rate (ADR) and revenue per available room (RevPAR) for any March 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. 

March 2026 (year-over-year % change):

• Occupancy: 66.6% (-2.5%)

• ADR: EUR202.42 (+17.2%)

• RevPAR: EUR134.71 (+14.3%)

Milan ADR peaked during the closing days of Fashion Week (24 February-2 March), reaching EUR249.60 on Sunday, 1 March.

The market’s highest occupancy (91.7%) and RevPAR (EUR225.83) were recorded on Wednesday, 25 March, the second night of MCE 2026, the biennial HVAC+R, renewable energy and water tradeshow. 

During the Winter Paralympics Games (6-15 March), occupancy reached 72.3%, and RevPAR topped out at EUR138.48 on Tuesday, 10 March. During the Games, ADR climbed as high as EUR214.56 on Friday, 6 March.

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 94,000 properties and 12 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@costar.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 139 million average monthly unique visitors in the fourth 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.