Munich room rates spiked for Expo Real
Munich room rates spiked for Expo RealWASHINGTON – 13 November 2024 – Munich hotels saw a spike in average daily rate (ADR) and revenue per available room (RevPAR) during Expo Real, according to October 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):
Mix of October events drove Melbourne hotel performance
Mix of October events drove Melbourne hotel performanceWASHINGTON – 13 November 2024 – A number of events, including multiple concerts by Olivia Rodrigo and Coldplay, lifted Melbourne hotel performance in October, 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):
Occupancy: 75.3% (+4.5%)
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.
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):
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):
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.
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.
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):
Cologne hotel ADR and RevPAR reached record-high thanks to Euros
Cologne hotel ADR and RevPAR reached record-high thanks to EurosDiscover how CoStar could help your business.
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