Room rate growth continues to drive Canada hotel performance
Room rate growth continues to drive Canada hotel performanceARLINGTON, 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 FebruaryARLINGTON, 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 2025ARLINGTON, 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 profits grew in 2024 but were limited by inflation and labor costs
U.S. hotel profits grew in 2024 but were limited by inflation and labor costsARLINGTON, Va. – 14 February 2025 – U.S. hotel industry profits grew in 2024, but increased labor costs and inflation limited growth, according to P&L 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 8 February
U.S. hotel results for week ending 8 FebruaryARLINGTON, 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 rateARLINGTON, 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 highARLINGTON, 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 CupARLINGTON, 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):
Shanghai, London and Dubai among global leaders in new hotel room openings for 2025
Shanghai, London and Dubai among global leaders in new hotel room openings for 2025ARLINGTON, Va. – 10 February 2025 – Among markets outside of the U.S, Shanghai, London and Dubai are projected to open the most hotel rooms in 2025, according to CoStar’s pipeline data.
NYC, Nashville set to open the most hotel rooms in 2025
NYC, Nashville set to open the most hotel rooms in 2025ARLINGTON, 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.