Thanksgiving Calendar Shift Impacts U.S. Lodge Efficiency


U.S. hotel industry

WASHINGTON—As a result of Thanksgiving calendar shift, the U.S. lodge trade reported increased year-over-year efficiency comparisons, in line with CoStar’s newest information by way of Nov. 23, 2024.

U.S. Lodge Efficiency
November 17-23, 2024
Proportion change from comparable week in 2023
Occupancy 59.7 % (up 20.7 %)
ADR $150.49 (up 8.6 %)
RevPAR $89.80 (up 31.1 %)

Among the many Prime 25 Markets, Seattle reported the biggest year-over-year occupancy enhance (up 62.9 % to 76.7 %).

Chicago posted the very best lifts in ADR (up 43.8 % to $181.36) and RevPAR (up 113.7 % to $127.91).

Oahu was the one market to register a RevPAR decline (down 22.7 % to $176.10).



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