CoStar: U.S. Hotel Industry Reports Higher Weekly Performance Results

WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week but lower comparisons year over year, according to CoStar's latest data through...

CoStar: U.S. Hotel Room Construction Reaches Highest Level Since February 2023

WASHINGTON—The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar's latest June 2024 data. U.S. Hotel PipelineJune...

CoStar: Fourth of July Holiday Contributes to Lower U.S. Hotel Performance

WASHINGTON—Due to the Fourth of July, the U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year,...
june 2024

CoStar: U.S. Hotel Industry Reports Higher Performance From the Previous Week

WASHINGTON—The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar's latest data through...
transactions

Off to a Slow Start: U.S. Hotel Transactions at Lowest First-Quarter Dollar Volume Since...

The U.S. hotel industry saw 800 transactions in the first quarter of 2024, according to data from CoStar. Higher interest rates continue to take...
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Reining in Utility Expenses: Sustainability Practices Help Hoteliers Protect Their Bottom Line

Ambitious climate and decarbonization efforts have heightened the demand for electrified and energy-efficient buildings. Regulatory frameworks are evolving from simple incentives to stringent compliance...

NewcrestImage Converts New Jersey Hotel to Homewood Suites Brand

A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand....

CoStar: December U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons

WASHINGTON—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 21, 2024. Growth was elevated due to the...
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