WASHINGTON—The U.S. lodge business reported optimistic year-over-year comparisons, in keeping with CoStar’s newest information by means of Nov. 2, 2024.
U.S. Resort Efficiency
October 27-November 2, 2024
Proportion change from comparable week in 2023:
Occupancy: 60.8 p.c (up 1.9 p.c)
ADR: $154.99 (up 1.2 p.c)
RevPAR: $94.22 (up 3.1 p.c)
Among the many High 25 Markets, Tampa noticed the biggest occupancy carry (up 34.7 p.c to 80.5 p.c), resulting from continued displacement demand from Hurricane Milton.
New Orleans noticed the very best will increase in ADR (up 27.7 p.c to $222.51) and RevPAR (up 53.3 p.c to $169.73). The market’s efficiency was pushed by Taylor Swift’s Eras Tour and the Annual ANCC Magnet and Pathway to Excellence Convention.
The steepest RevPAR declines had been seen in Las Vegas (down 28.8 p.c to $151.47) and San Francisco (down 14.9 p.c to $123.16).
