Brisbane hotels posted record-high January room rate
Brisbane hotels posted record-high January room rateARLINGTON, Va. – 12 February 2025 – Brisbane’s hotel industry posted its highest January average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading global provider of commercial real estate data, analytics and news.
January 2025 (year-over-year % change):
Occupancy: 68.2% (+2.9%)
Shanghai, London and Dubai among global leaders in new hotel room openings for 2025
Shanghai, London and Dubai among global leaders in new hotel room openings for 2025ARLINGTON, Va. – 10 February 2025 – Among markets outside of the U.S, Shanghai, London and Dubai are projected to open the most hotel rooms in 2025, according to CoStar’s pipeline data.
NYC, Nashville set to open the most hotel rooms in 2025
NYC, Nashville set to open the most hotel rooms in 2025ARLINGTON, Va. – 7 February 2025 – Among U.S. markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. CoStar is a leading global provider of commercial real estate data, analytics and news.
U.S. hotel results for week ending 1 February
U.S. hotel results for week ending 1 FebruaryWASHINGTON – 6 February 2025 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 1 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 25 January
U.S. hotel results for week ending 25 JanuaryWASHINGTON – 29 January 2025 – As expected with the MLK Day holiday, the U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 25 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
CoStar, TE maintain growth projections in first U.S. hotel forecast of 2025
CoStar, TE maintain growth projections in first U.S. hotel forecast of 2025WASHINGTON – 28 January 2025 – CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 just released at the Americas Lodging Investment Summit (ALIS).
U.S. hotel performance for December 2024
U.S. hotel performance for December 2024WASHINGTON – 24 January2024 – The U.S. hotel industry reported mixed performance results from the previous month, according to December 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2024 (percentage change from December 2023):
Canada hotels set annual record for ADR and RevPAR
Canada hotels set annual record for ADR and RevPARWASHINGTON – 23 January 2025 – Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel ADR and RevPAR grew at lowest rate since 2020
U.S. hotel ADR and RevPAR grew at lowest rate since 2020WASHINGTON – 22 January 2025 – The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR), but the country’s growth rate was its lowest since the declines of 2020, according to CoStar’s 2024 year-end data. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
2024 (percentage change from 2023):
U.S. hotel results for week ending 18 January
U.S. hotel results for week ending 18 JanuaryWASHINGTON – 23 January 2025 – On the positive side of the MLK Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 18 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.