Home Hotel Industry Finance & Development U.S. Lodge Efficiency Continues to Present Combined Outcomes

U.S. Lodge Efficiency Continues to Present Combined Outcomes

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U.S. Lodge Efficiency Continues to Present Combined Outcomes

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April 2024

WASHINGTON—U.S. lodge efficiency confirmed blended outcomes from the earlier week, in keeping with CoStar’s newest information by April 20, 2024.

U.S. Lodge Efficiency

April 14-20, 2024

Proportion change from comparable week in 2023:
Occupancy: 66.8 % (down 0.3 %)
ADR: $158.60 (up 1.5 %)
RevPAR: $105.94 (up 1.2 %)

Among the many High 25 Markets, Philadelphia reported the most important year-over-year will increase in occupancy (up 14.3 % to 72.1 %) and RevPAR (up 23.2 % to $114.11).

Washington, D.C., posted the one double-digit carry in ADR (up 10.0 % to $226.25).

The steepest RevPAR declines have been seen in Chicago (down 16.2 % to $105.97) and San Francisco (down 9.7 % to $123.76).

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