Record-high room rates in Melbourne, Sydney driven by the Eras Tour
Record-high room rates in Melbourne, Sydney driven by the Eras TourWASHINGTON – 12 March 2024 – Boosted by Taylor Swift’s Eras Tour, the hotel industries in both Sydney and Melbourne posted their highest average daily rate (ADR) for any month on record, according to February preliminary data from CoStar.
Dubai hotel performance jumped during eventful February
Dubai hotel performance jumped during eventful FebruaryWASHINGTON – 12 March 2024 – A series of events pushed all-time high occupancy levels in Dubai, according to February preliminary 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 2 March
U.S. hotel results for week ending 2 MarchWASHINGTON – 7 March 2024 – U.S. hotel performance was mostly positive year over year, according to CoStar’s latest data through 2 March.
25 February through 2 March 2024 (percentage change from comparable week in 2023):
U.S. hotel results for week ending 24 February
U.S. hotel results for week ending 24 FebruaryWASHINGTON – 29 February 2024 – U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through 24 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 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.