LONDON – Among European countries, the United Kingdom and Ireland have achieved hotel occupancy indices at or above 100% of pre-pandemic levels, according to CoStar data that will be presented this week at IHIF EMEA in Berlin.

As of February 2025, Ireland showed a running 12-month occupancy that was 102% of the 2019 comparable, followed closely by the United Kingdom at 100%. Across the rest of Europe, Mediterranean countries are not far behind, with Spain, Italy, and Greece all posting hotel occupancy at 99% of what was seen in 2019.

— Source: CoStar Group, Inc.

Overall, hotel performance levels have been on a rise around most of the world. For the three months ending with February 2025, Europe occupancy was at 60%, which was 2% higher year over year. Average daily rate (ADR) came in at US$137 on a constant currency basis, a gain of 3% year over year.

The Middle East was at 77% (+2%) and US$205 (+4%). The Northern Africa region demonstrated the highest growth rates with levels at 59% (+11%) and US$127 (+37%). Sub-Saharan Africa lost occupancy (57%, -2%) but still grew ADR (US$164, +11%).

STR representatives at this year’s IHIF EMEA include Aoife Roche, regional vice president of STR Sales (EMEA), presenting on Tuesday, 1 April, at 10:00 a.m. CEST, as well as Alexander Robinson, regional manager of Europe Industry Partners, presenting on Wednesday, 2 April, at 9:30 a.m. CEST.

For more information about the company and its products and services, please visit www.costargroup.com.

Additional Performance Data

CoStar’s world-leading hotel performance sample comprises more than 87,000 properties and 11 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

About CoStar Group

CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada, and Asia. From time to time, we plan to utilize our corporate website, www.costargroup.com, as a channel of distribution for material company information.

Karolina Capova
Senior Media Relations Executive – STR
CoStar Group, Inc.

View source