WASHINGTON — The U.S. resort business reported constructive year-over-year efficiency comparisons, based on CoStar’s newest information by way of 7 December. CoStar is a number one supplier of on-line actual property marketplaces, info and analytics within the property markets.

1-7 December 2024 (share change from comparable week in 2023):

• Occupancy: 59.0% (+0.5%)
• Common each day charge (ADR): US$159.77 (+3.8%)
• Income per obtainable room (RevPAR): US$94.31 (+4.3%)

Among the many Prime 25 Markets, Chicago reported the biggest year-over-year will increase in occupancy (+17.8% to 67.6%) and RevPAR (+42.9% to US$110.59).

Las Vegas posted the best ADR elevate (+27.1% to US$261.33).

The steepest RevPAR declines have been reported in San Francisco (-16.7% to US$114.86) and New Orleans (-14.7% to US$83.16).

For extra details about the corporate and its services, please go to www.costargroup.com.

Further Efficiency Information

CoStar’s world-leading resort efficiency pattern contains 85,000 properties and 11 million rooms across the globe. Members of the media ought to consult with the contacts listed under for added information requests.

About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is a number one supplier of on-line actual property marketplaces, info, and analytics within the property markets. Based in 1987, CoStar Group conducts expansive, ongoing analysis to provide and preserve the biggest and most complete database of actual property info. CoStar is the worldwide chief in business actual property info, analytics, and information, enabling purchasers to investigate, interpret and achieve unmatched perception on property values, market situations and availabilities. Flats.com is the main on-line market for renters in search of nice condominium properties, offering property managers and house owners a confirmed platform for advertising and marketing their properties. LoopNet is essentially the most closely trafficked on-line business actual property market with 13 million common month-to-month international distinctive guests. STR supplies premium information benchmarking, analytics, and market insights for the worldwide hospitality business. Ten-X provides a number one platform for conducting business actual property on-line auctions and negotiated bids. Houses.com is the quickest rising on-line residential market that connects brokers, consumers, and sellers. OnTheMarket is a number one residential property portal in the UK. BureauxLocaux is likely one of the largest specialised property portals for getting and leasing business actual property in France. Enterprise Immo is France’s main business actual property information service. Thomas Every day is Germany’s largest on-line information pool in the actual property business. Belbex is the premier supply of business area obtainable to let and on the market in Spain. CoStar Group’s web sites attracted over 163 million common month-to-month distinctive guests within the third quarter of 2024. Headquartered in Washington, DC, CoStar Group maintains places of work all through the U.S., Europe, Canada, and Asia. Every so often, we plan to make the most of our company web site, CoStarGroup.com, as a channel of distribution for materials firm info. For extra info, go to CoStarGroup.com.

This information launch contains «forward-looking statements» together with, with out limitation, statements relating to CoStar’s expectations or beliefs relating to the longer term. These statements are based mostly upon present beliefs and are topic to many dangers and uncertainties that might trigger precise outcomes to vary materially from these statements. The next components, amongst others, might trigger or contribute to such variations: the chance that future media occasions is not going to maintain a rise in future occupancy charges. Extra details about potential components that might trigger outcomes to vary materially from these anticipated within the forward-looking statements embody, however will not be restricted to, these acknowledged in CoStar’s filings occasionally with the Securities and Alternate Fee, together with in CoStar’s Annual Report on Type 10-Okay for the yr ended December 31, 2023 and Types 10-Q for the quarterly durations ended March 31, 2024, June 30, 2024, and September 30, 2023, every of which is filed with the SEC, together with within the «Danger Components» part of these filings, in addition to CoStar’s different filings with the SEC obtainable on the SEC’s web site (www.sec.gov). All forward-looking statements are based mostly on info obtainable to CoStar on the date hereof, and CoStar assumes no obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case.

Haley Luther
Communications Supervisor
+1 (216) 278 0627
STR