Tag: hotel market report
CoStar: U.S. Hotel Performance Increases From the Previous Week
WASHINGTON—U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar's latest data through March 16, 2024.
U.S....
U.S. Hotel Performance Lowered in January 2024
WASHINGTON—The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.
January 2024
Percentage change from January 2023:
Occupancy: 51.9...
CoStar: P&L Data Shows Improvement in Group Business
WASHINGTON—Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023...
STR: Las Vegas ADR Expected to Reach Highest Level of Any Super Bowl Weekend
HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. 9-11, 2024, which would be the highest level for...