The CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States increased in March 2023, after a correction in the second half of 2022. In March 2023, the index stood at 239 index points, down from a market peak of 243 index points in June 2022. The index measures the development of sales prices of hospitality properties with 2000 chosen as a base year. An index value of 200 means that sales prices have doubled since 2000.
CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023
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CoStar. (May 26, 2023). CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023 [Graph]. In Statista. Retrieved April 27, 2024, from https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/
CoStar. "CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023." Chart. May 26, 2023. Statista. Accessed April 27, 2024. https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/
CoStar. (2023). CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023. Statista. Statista Inc.. Accessed: April 27, 2024. https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/
CoStar. "Costar Commercial Repeat-sales Index (Ccrsi) for Hospitality Real Estate in The United States from March 1998 to March 2023." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/
CoStar, CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023 Statista, https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/ (last visited April 27, 2024)
CoStar Commercial Repeat-Sales Index (CCRSI) for hospitality real estate in the United States from March 1998 to March 2023 [Graph], CoStar, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1394192/ccrsi-for-hospitality-real-estate-usa/