CoStar Group Launches the Next Generation of STR

CoStar Group | May 3, 2023

WASHINGTON -- CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry. STR Benchmarking represents the next generation of STR, with the company’s hotel data benchmarking, analytics and marketplace insights integrated into CoStar’s industry-leading information, analytics, and data-driven news platform. Acquired by CoStar Group in 2019, STR is the leader in the hotel benchmarking space with a sample of 77,000 partici...