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Room rate growth continues to drive Canada hotel performance

Room rate growth continues to drive Canada hotel performance
25 February 2025

ARLINGTON, Va. 25 February 2025 – Canada’s hotel industry reported positive performance year over year, driven by growth in room rates, according to January data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

January 2025 (percentage change from 2024):

U.S. hotel results for week ending 15 February

U.S. hotel results for week ending 15 February
21 February 2025

ARLINGTON, Va. 20 February 2025 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 15 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel performance for January 2025

U.S. hotel performance for January 2025
20 February 2025

ARLINGTON, Va. – 20 February 2025 – The U.S. hotel industry reported lower performance results from the previous month, according to January 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

January 2025 (percentage change from January 2024):

U.S. hotel results for week ending 8 February

U.S. hotel results for week ending 8 February
13 February 2025

ARLINGTON, Va. 13 February 2025 – The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 8 February. CoStar is a leading provider of online real estate marktplaces, information and analytics in the property markets. 

Brisbane hotels posted record-high January room rate

Brisbane hotels posted record-high January room rate
12 February 2025

ARLINGTON, 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%)

Mix of events drove Paris room rates to January high

Mix of events drove Paris room rates to January high
12 February 2025

ARLINGTON, Va. – 12 February 2025 –New Year’s celebrations and multiple events pushed Paris hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for January, 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):

Jeddah hotel performance jumped during Spanish Super Cup

Jeddah hotel performance jumped during Spanish Super Cup
12 February 2025

ARLINGTON, Va. – 12 February 2025 – Boosted by the Spanish Super Cup 2025, Jeddah’s hotel industry posted its highest January occupancy level since 2015, 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):

NYC, Nashville set to open the most hotel rooms in 2025

NYC, Nashville set to open the most hotel rooms in 2025
07 February 2025

ARLINGTON, 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.