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Press Releases

Press Release

STR Weekly Insights: 16-22 February 2025

The U.S. hotel industry has been on a rollercoaster ride for the past eight weeks. The week ending 22 February 2025 produced nearly flat (-0.3%) revenue per available room (RevPAR) following a 3.4% increase the previous week, a 2.8% decline the week before that, and a 4.0% gain three weeks ago. Several factors have been driving recent performance, including calendar shifts, the Super Bowl, recovery from the Los Angeles wildfires, and recovery from Hurricane Helene and Hurricane Milton.

CoStar
United States
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Tambourine
Press Release

NYC, Nashville set to open the most hotel rooms in 2025

Among U.S. markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.Top markets by projected 2025 room openings 1. New York City (5,719 rooms) 2. Nashville (2,849 rooms) 3. San Diego (2,818 rooms) 4. Dallas (2,749 rooms) 5. Phoenix (2,483 rooms)

CoStar
United States
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Hospitality Net
Press Release

U.S. hotel commentary - December 2024

December RevPAR was up 4.4%, which was the country’s largest year-over-year (YoY) gain since March 2023. That elevated growth was attributable to a compressed holiday season as well as the lingering effects of two major hurricanes in the fall. Two of the four full weeks in December produced double-digit RevPAR gains.

CoStar
United States