CoStar Group Acquires Fairmas Benchmarking from Fairmas GmbH
October 13, 2022
CoStar Group acquired Fairmas Benchmarking, a German hospitality benchmarking product, from Fairmas GmbH on October 10, 2022, expanding STR’s benchmarking coverage in Germany. The acquisition adds roughly 1,400 hotels to STR Germany’s dataset and strengthens CoStar/STR’s hotel benchmarking and analytics capabilities for German hotel brands, operators and owners.
- Buyers
- CoStar Group, Inc.
- Targets
- Fairmas Benchmarking (Fairmas GmbH)
- Sellers
- Fairmas GmbH
- Industry
- Data & Analytics
- Location
- Berlin, Germany
- Transaction Type
- Buyout
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