The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.
U.S. hotel performance showed mixed results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 6 April.
As U.S. hoteliers foresee another summer of softer leisure demand, events such as concerts, youth sports and family events are driving forward bookings.
As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar's latest data through 30 March.
Stakeholders Say the City Is Recovering, Though It's Early to Determine Effect of New Policies
U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar's latest data through 23 March.
U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March.
Canada's hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar's February 2024 data.
Occupancy: 58.9% (-1.8%) - Average daily rate (ADR): US$158.23 (+3.9%) - Revenue per available room (RevPAR): US$93.19 (+2.0%)
U.S. hotel performance increased from the previous week but declined year over year, according to CoStar's latest data through 9 March.