Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio
Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in RioWASHINGTON – 16 October 2024 – Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
September 2024 (year-over-year % change):
U.S. hotel results for week ending 5 October
U.S. hotel results for week ending 5 OctoberWASHINGTON – 10 October 2024 – Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Auckland hotel booking levels topping 80% for upcoming Coldplay concerts
Auckland hotel booking levels topping 80% for upcoming Coldplay concertsWASHINGTON – 9 October 2024 – Auckland hotel booking levels are as high as 84% for Coldplay’s ‘Music of the Spheres’ World Tour next month, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Over the course of October and November, Coldplay is set to perform 11 times across three markets in the region: Melbourne, Sydney, and Auckland.
U.S. hotel results for week ending 28 September
U.S. hotel results for week ending 28 SeptemberWASHINGTON – 3 October 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 28 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 21 September
U.S. hotel results for week ending 21 SeptemberWASHINGTON – 26 September 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 21 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 14 September
U.S. hotel results for week ending 14 SeptemberWASHINGTON – 19 September 2024 – The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 14 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel performance for August 2024
U.S. hotel performance for August 2024WASHINGTON – 19 September2024 – The U.S. hotel industry reported lower performance results from the previous month but positive comparisons year over year, according to August 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
August 2024 (percentage change from August 2023):
Adele’s residency drove substantial gains in Munich hotel performance
Adele’s residency drove substantial gains in Munich hotel performanceWASHINGTON – 18 September 2024 – Adele’s 10-day residency drove significant performance growth for Munich’s hotel industry, according to August 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 7 September
U.S. hotel results for week ending 7 SeptemberWASHINGTON – 12 September 2024 – The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through 7 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Taylor Swift drove London hotel performance in August
Taylor Swift drove London hotel performance in AugustWASHINGTON – 11 September 2024 – London hotels saw a spike in hotel performance during Taylor Swift’s Eras Tour, according to August preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.