COP28 and New Year’s Eve boosted Dubai hotel performance in December
COP28 and New Year’s Eve boosted Dubai hotel performance in DecemberWASHINGTON – 15 January 2024 – Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Sydney hotels posted record-high room rates in December
Sydney hotels posted record-high room rates in DecemberWASHINGTON – 15 January 2024 – Helped by New Year’s Eve, Sydney’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to December preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Baird/STR Hotel Stock Index jumped 10.5% in December, ended year up 38.4%
Baird/STR Hotel Stock Index jumped 10.5% in December, ended year up 38.4%HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5% in December to a level of 6,760. For 2023, the stock index was up 38.4%.
U.S. hotel results for week ending 6 January
U.S. hotel results for week ending 6 JanuaryWASHINGTON – 11 January 2024 – U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through 6 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 30 December
U.S. hotel results for week ending 30 DecemberWASHINGTON – 4 January 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons were skewed downward due to a calendar shift, according to CoStar’s latest data through 30 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 23 December
U.S. hotel results for week ending 23 DecemberWASHINGTON – 28 December 2023 – As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 23 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel results for week ending 16 December
U.S. hotel results for week ending 16 DecemberWASHINGTON – 21 December 2023 –U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through 16 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada hotel performance followed seasonal trends in November
Canada hotel performance followed seasonal trends in NovemberWASHINGTON – 20 December 2023 – As expected, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s November 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
U.S. hotel performance for November 2023
U.S. hotel performance for November 2023WASHINGTON – 20 December 2023 – As expected, the U.S. hotel industry reported lower performance results from the previous month but improved year-over-year comparisons, according to November 2023 from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
November 2023 (percentage change from November 2022):
CoStar Group’s SHARE Center crowns winners of five Student Market Study Competitions
CoStar Group’s SHARE Center crowns winners of five Student Market Study CompetitionsWASHINGTON – 15 December 2023 – In its continued support of hospitality, tourism and real estate education around the world, CoStar Group’s SHARE Center held five student market competitions in October and November 2023.