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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 Competitions
06 January 2025

WASHINGTON – 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 December
30 December 2024

WASHINGTON 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 Tour
23 December 2024

WASHINGTON 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 December
19 December 2024

WASHINGTON 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 2024
18 December 2024

WASHINGTON – 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 December
12 December 2024

WASHINGTON 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 performance
11 December 2024

WASHINGTON 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 Prix
11 December 2024

WASHINGTON – 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 G20
11 December 2024

WASHINGTON – 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 COP29
06 December 2024

WASHINGTON – 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.