U.S. Hotel Performance for Week Ending October 12th – Occupancy: 70.3% (+2.4%)
Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October.
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Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October.
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.
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.
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.
Group demand retreated nationally – Global RevPAR eclipses $100 again
Cendyn reports Las Vegas leads the top 25 markets, making this the eighth consecutive month it has been in the top five
ForwardKeys announced at the WTTC Global Summit in Perth that the global tourism industry is roaring back to life in 2024, with international arrivals up +16% compared to 2023. This resurgence is largely fuelled by the Asia Pacific region, which is finally hitting its stride after a delayed post-pandemic reopening.
Due to Rosh Hashana, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 5 October.
Auckland hotel booking levels are as high as 84% for Coldplay’s ‘Music of the Spheres’ World Tour next month, according to data from CoStar.
The recent surge in tourism during China’s Golden Week holiday signals a strong return of consumer confidence and economic recovery, according to Global Times.