Dubai hotel occupancy jumped during Diwali
Dubai hotel occupancy jumped during DiwaliWASHINGTON – 13 November 2024 – Diwali celebrations helped Dubai’s hotel industry post its highest October occupancy level since 2012, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
October 2024 (year-over-year % change):
Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in Rio
Rio de Janeiro’s room rates jumped to eight-year high thanks to Rock in RioWASHINGTON – 16 October 2024 – Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
September 2024 (year-over-year % change):
Events pushed Brisbane hotel performance to September highs
Events pushed Brisbane hotel performance to September highsWASHINGTON – 16 October 2024 – Events pushed Brisbane hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for September, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
September 2024 (year-over-year % change):
Berlin hotels posted all-time high performance for September
Berlin hotels posted all-time high performance for SeptemberWASHINGTON – 16 October2024 – The 2024 International Trade Fair for Transport Technology (InnoTrans) pushed Berlin’s monthly average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Abu Dhabi hotel occupancy reached August high
Abu Dhabi hotel occupancy reached August highWASHINGTON – 11 September 2024 – Helped by three events, Abu Dhabi posted its highest August hotel occupancy on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Taylor Swift drove London hotel performance in August
Taylor Swift drove London hotel performance in AugustWASHINGTON – 11 September 2024 – London hotels saw a spike in hotel performance during Taylor Swift’s Eras Tour, according to August preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
São Paulo hotel room rates reached record high in August
São Paulo hotel room rates reached record high in AugustWASHINGTON – 11 September 2024 – São Paulo posted its highest monthly average daily rate (ADR) and second highest revenue per available room (RevPAR) on record, according to August preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Berlin hotel room rates jumped during an eventful July
Berlin hotel room rates jumped during an eventful JulyWASHINGTON – 14 August 2024 – Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
July 2024 (year-over-year % change):
Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in June
Formula One drove Barcelona hotel ADR and RevPAR to all-time highs in JuneWASHINGTON – 10 July 2024 – Thanks to a boost from the annual Spanish Grand Prix, Barcelona's monthly average daily rate (ADR) and revenue per available room (RevPAR) reached all-time highs, according to preliminary data from CoStar.
Sydney hotel performance lifted by Vivid Drone Show and Sydney Film Festival
Sydney hotel performance lifted by Vivid Drone Show and Sydney Film FestivalWASHINGTON – 10 July 2024 – The ‘Love Is In The Air’ Vivid Drone Show and the 71st Sydney Film Festival lifted June hotel performance in the market, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
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