CoStar Insight

Emmy Hise

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Every hotel type in Los Angeles County experienced year-to-date revenue per available room, or RevPAR, declines through August. </p></div></div>

United States

Analytics

Performance declined in all hotel types as domestic leisure travel shifts, but the city center grows

Bifurcated hotel performance is not occurring in Los Angeles

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Bifurcated hotel performance is not occurring in Los Angeles

Performance declined in all hotel types as domestic leisure travel shifts, but the city center grows

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