In the competitive world of global hospitality, data and intelligence are often key to hoteliers maximizing the performance of their properties in a dynamic marketplace. Commercial real estate ...

Hotel industry data firm STR is being acquired by CoStar Group in a $450 million all-cash deal. The transaction is expected to close in the fourth quarter. Formerly Smith Travel Research when it was ...

CoStar Group, the $22 billion giant most known for its data on office and retail properties, is making a big push into the hotel industry by acquiring one that industry’s largest research and ...

Commercial real estate data giant CoStar Group plans to acquire STR, one of the country’s largest hotel data aggregators, the companies announced Tuesday. CoStar will pay $450 million for the company ...

Commercial real estate data provider CoStar Group Inc. will acquire Hendersonville-based STR, a leading hospitality industry data analytics and market performance firm, the companies announced Tuesday ...

CoStar Group Inc., which has built a multibillion-dollar business out of selling commercial real-estate data, is making a push into the lodging industry with a deal to buy the hotel data firm STR for ...

New STR hotel data shows that the Middle East is leading the way in terms of recovery. Compared to other global markets, the region’s hotels had the highest year-end 2021 ADR and RevPAR recovery rates ...