WASHINGTON, DC—The U.S. resort business reported optimistic year-over-year efficiency comparisons, in line with CoStar’s newest information by means of Dec. 14. CoStar is a number one supplier of on-line actual property marketplaces, data, and analytics within the property markets.
Development was elevated as a result of Hannukah calendar shift in addition to the compressed enterprise journey interval between Thanksgiving and Christmas.
Dec. 8-14, 2024 (proportion change from comparable week in 2023):
- Occupancy: 59.5 % (+8.5 %)
- Common every day fee (ADR): US$155.21 (+8.9 %)
- Income per obtainable room (RevPAR): US$92.32 (+18.2 %)
Among the many High 25 Markets, Tampa reported the biggest year-over-year occupancy improve (+33.3 % to 84.7 %).
New York Metropolis posted the best ADR elevate (+30.1 % to US$510.13).
Washington, D.C., registered the biggest soar in RevPAR (+67.6 % to US$151.18), whereas San Francisco noticed the one decline within the metric (-16.4 % to US$131.08). The American Geophysical Union annual assembly shifted from San Francisco in 2023 to Washington, D.C., in 2024, which impacted efficiency.
