CoStar Group’s SHARE Center crowns winners of four Student Market Study Competitions
CoStar Group’s SHARE Center crowns winners of four Student Market Study CompetitionsWASHINGTON – 23 December 2024 – In its continued worldwide support of hospitality, tourism and real estate higher education, CoStar Group’s SHARE Center held four student market competitions in November 2024.
In total, 44 teams of three to six students, with the assistance of their faculty advisors, selected a market and were provided with a standard set of reports and data. Each competition was held via Zoom, with senior level industry professionals serving on the panels of judges.
U.S. hotel results for week ending 21 December
U.S. hotel results for week ending 21 DecemberWASHINGTON – 30 December 2024 – The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 21 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Canada’s November hotel performance driven by Taylor Swift’s Eras Tour
Canada’s November hotel performance driven by Taylor Swift’s Eras TourWASHINGTON – 23 December 2024 – Canada’s hotel performance was lifted by Taylor Swift’s Eras Tour as well as a calendar shift, according to November 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 14 December
U.S. hotel results for week ending 14 DecemberWASHINGTON – 19 December 2024 – The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 14 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Growth was elevated due to the Hannukah calendar shift as well as the compressed business travel period between Thanksgiving and Christmas.
U.S. hotel performance for November 2024
U.S. hotel performance for November 2024WASHINGTON – 18 December 2024 – The U.S. hotel industry reported lower performance results from the previous month, according to November 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
November 2024 (percentage change from November 2023):
U.S. hotel results for week ending 7 December
U.S. hotel results for week ending 7 DecemberWASHINGTON – 12 December 2024 – The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through 7 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
November fairs boosted Madrid hotel performance
November fairs boosted Madrid hotel performanceWASHINGTON – 11 December 2024 – Madrid’s hotel industry recorded its highest November average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.
Qatar hotel performance jumped for Grand Prix
Qatar hotel performance jumped for Grand PrixWASHINGTON – 11 December 2024 – Qatar saw a spike in hotel performance helped by the Formula 1 Qatar Airways Grand Prix 2024, according to November preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
November 2024 (year-over-year % change):
Rio de Janeiro room rates jumped for G20
Rio de Janeiro room rates jumped for G20WASHINGTON – 11 December 2024 – The 2024 G20 Summit pushed Rio de Janeiro’s hotel industry to its highest average monthly daily rate (ADR) and revenue per available room (RevPAR) since August 2016, according to November preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
November 2024 (year-over-year % change):
Baku hotels posted record-high room rates during COP29
Baku hotels posted record-high room rates during COP29WASHINGTON – 6 December 2024 – The 29th Conference of the Parties (COP29) drove Baku’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to record-high levels, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.