Markets & Performance

STR Weekly Insights: 10-16 November 2024

The week was expected to be strong, but calendar shifts slowed U.S. hotel performance and created almost flat revenue per available room (RevPAR) for the week ending 16 November 2024 (+0.4%). Occupancy increased 0.9 percentage points (ppts), while a...

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Markets & Performance

STR Weekly Insights: 10-16 November 2024

Canada hotels posted record-high room rates for an October

Canada’s October hotel average daily rate (ADR) exceeded CAD200 for the first time on record, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

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Markets & Performance

Canada hotels posted record-high room rates for an October

Colliers Quick Hits | From Travel Volumes to Labor Costs: 10 Trends Driving Hospitality Toward 2025

The U.S. hospitality market remains as dynamic as ever. As 2025 draws near, here are some of the key trends we are monitoring closely:

Aaron Jodka

Director, National Capital Markets Research

Colliers International - Hotels

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Real Estate & Investment

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Markets & Performance

Colliers International - Hotels

PwC: Post-election clarity and ADR increases likely to sustain hotel performance through 2025 amid modest demand growth

The US lodging sector is expected to experience muted growth in 2025, driven by moderate increase in average daily room rates and stable occupancy levels, resulting in an annual increase in revenue per available room of 1.5%. Despite stagnant supply...

PwC Hospitality & leisure

PwC Hospitality & leisure

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Markets & Performance

PwC: Post-election clarity and ADR increases likely to sustain hotel performance through 2025 amid modest demand growth

Upcoming holiday season impact on U.S. hotel performance

Two significant changes will impact travel in the U.S. this holiday season. First, Thanksgiving is a week later, meaning there are five less days between Thanksgiving and Christmas and likely more travel compression between the two holidays. Second,...

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Markets & Performance

Upcoming holiday season impact on U.S. hotel performance

RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

STR’s global "bubble chart" update for the four weeks ending 9 November 2024 shows 84% of global markets with year-over-year growth in revenue per available room (RevPAR), a gain of seven percentage points from last month’s update (77%).

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RevPAR up in 84% of global markets: Japan continues to blossom, China remains sluggish

U.S. hotel performance for October 2024

The U.S. hotel industry reported higher performance results from the previous month, according to October 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

STR

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Markets & Performance

U.S. hotel performance for October 2024

U.S. hotel results for week ending 16 November

Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar’s latest data through 16 November. CoStar is a leading provider of online real estate marketplaces, informati...

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Markets & Performance

U.S. hotel results for week ending 16 November

Mixed Results for Wellness Hotels in Jan - June 2024, with Minor Wellness Leading Growth

Mixed Results for Wellness Hotels in Jan - June 2024, with Minor Wellness Leading Growth

The newest edition of RLA Global’s Wellness Real Estate Report is now available, comparing data from Jan-June 2024 with the same period in 2023. The report examines data from over 11.000 properties worldwide.

RLA Global

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Wellness and well-being

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Markets & Performance

Mixed Results for Wellness Hotels in Jan - June 2024, with Minor Wellness Leading Growth

Cali hotel room rates reached an all-time high during COP16

The hotel industry in Cali, Colombia, posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record during the 16th UN Biodiversity Conference (COP16), according to data from CoStar. CoStar is a leading provider of on...

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Cali hotel room rates reached an all-time high during COP16