WASHINGTON—The U.S. resort business reported largely flat efficiency comparisons 12 months over 12 months, in line with July 2024 information from CoStar.
U.S. Resort Efficiency
July 2024
Share change from July 2023:
Occupancy: 68.8 p.c (down 0.5 p.c)
ADR: $161.69 (up 0.5 p.c)
RevPAR: $111.18 (flat)
Among the many High 25 Markets, Oahu Island skilled the very best ranges in every of the three key efficiency metrics: occupancy (up 4.5 p.c to 88.3 p.c), ADR (up 1.4 p.c to $310.46), and RevPAR (up 5.9 p.c to $274.13).
Markets with the bottom occupancy for the month included Phoenix (56.9 p.c) and New Orleans (58.9 p.c).
The High 25 Markets confirmed larger occupancy and ADR than all different markets.
