WASHINGTON—The U.S. lodge trade reported record-high common each day price (ADR) and income per out there room (RevPAR), however the nation’s progress price was its lowest for the reason that declines of 2020, in line with CoStar’s 2024 year-end knowledge.
| U.S. Resort Efficiency |
| 2024 (Proportion change from 2023): |
| Occupancy: 63 % (flat) |
| ADR: $158.67 (up 1.7 %) |
| RevPAR: $99.94 (up 1.8 %) |
Among the many Prime 25 Markets, New York Metropolis skilled the best occupancy degree (up 3.3 % to 84.3 %).
Markets with the bottom occupancy for the 12 months included St. Louis (58.1 %), Minneapolis (58.7 %), and Detroit (59.1 %).
The Prime 25 Markets confirmed larger occupancy and ADR than all different markets. Markets outdoors the Prime 25 noticed a 0.5 % decline in occupancy.
