WASHINGTON—Helped by the whole photo voltaic eclipse, U.S. resort efficiency elevated from the earlier week, in response to CoStar’s newest information via April 13, 2024.
U.S. Lodge Efficiency
April 7-13, 2024
Proportion change from comparable week in 2023:
Occupancy: 65.8 % (up 2.8 %)
ADR: $160.20 (up 2.9 %)
RevPAR: $105.48 (up 5.8 %)
Among the many High 25 Markets, Philadelphia reported the most important year-over-year enhance in occupancy (up 23.2 % to 77.0 %) and RevPAR (up 45.7 % to $133.79). The market’s efficiency was pushed by WrestleMania 40.
Dallas, positioned alongside the trail of the photo voltaic eclipse, posted the most important ADR raise (up 20.1 % to $150.33) and the second-highest soar in RevPAR (up 38.8 % to $117.50).
The steepest RevPAR declines have been seen in Tampa (down 24.1 % to $135.79) and Orlando (down 20.9 % to $134.48).
