Tag: #CoStar

Luxury Hotel Rates Soar Amid Wealthy Demand

Posted onAuthorChris Owen

The U.S. lodging industry is reflecting an increasingly polarized economy, characterized by record-high prices for luxury hotels that have not deterred affluent travelers. The average daily room rate (ADR) at a U.S. luxury hotel is currently a record $394, marking Read More …

Theme Park and Hotel Demand: A Shifting Landscape

Posted onAuthorChris Owen

The theme park and surrounding hotel industries in the U.S. have experienced varied demand levels recently. While hundreds of theme parks operate across the country, ranging from small attractions to large multi-day destinations, this summer presented a mixed picture for Read More …