Press Releases

Providing you with the latest global hotel performance data

Grand Prix drove Monaco hotel rates to record high

Grand Prix drove Monaco hotel rates to record high
10 June 2025

ARLINGTON, Va – 10 June 2025 – The Formula 1 Grand Prix race pushed Monaco’s hotel industry to its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary May data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

May 2025 (year-over-year % change):

Sydney hotel performance jumped for eventful May

Sydney hotel performance jumped for eventful May
10 June 2025

ARLINGTON, Va – 10 June 2025 – A mix of events lifted Sydney hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for a May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

May 2025 (year-over-year % change):

Australia booking levels elevated for British & Irish Lions Tour

Australia booking levels elevated for British & Irish Lions Tour
09 June 2025

ARLINGTON, Va. – 9 June 2025 – The upcoming British & Irish Lions tour is driving hotel bookings across host markets in Australia, with levels at a high of more than 70% in Adelaide and Brisbane, according to CoStar’s latest Forward STAR data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Cardiff hotel bookings nearing 90% for Oasis Tour

Cardiff hotel bookings nearing 90% for Oasis Tour
06 June 2025

ARLINGTON, Va. – 6 June 2025 – With less than a month until the Oasis Live ’25 tour kicks off, Cardiff shows the highest hotel booking levels at nearly 90%, according to CoStar’s latest forward booking data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

The European leg of the tour runs from early July through mid-August.

U.S. hotel results for week ending 31 May

U.S. hotel results for week ending 31 May
05 June 2025

ARLINGTON, Va. 5 June 2025 – The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 31 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel results for week ending 24 May

U.S. hotel results for week ending 24 May
30 May 2025

ARLINGTON, Va. 30 May 2025 – The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 24 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

Canada hotels reported mixed performance in April

Canada hotels reported mixed performance in April
22 May 2025

ARLINGTON, Va. 22 May 2025 – On the negative side of the Easter calendar shift, Canada’s hotel industry reported mixed year-over-year performance in April, according to 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 17 May

U.S. hotel results for week ending 17 May
22 May 2025

ARLINGTON, Va. 22 May 2025 – The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 17 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 

U.S. hotel performance for April 2025

U.S. hotel performance for April 2025
21 May 2025

ARLINGTON, Va. – 21 May 2025 – On the negative side of the Easter calendar shift, the U.S. hotel industry reported mixed performance results year over year, according to April 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. 

April 2025 (percentage change from April 2024):