
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).