U.S. Lodge Business Experiences Decrease Yearly Efficiency


U.S. hotel industry

WASHINGTON—Because of the Thanksgiving calendar shift, the U.S. resort business reported decrease year-over-year efficiency comparisons, in keeping with CoStar’s newest information by November 30, 2024.

U.S. Lodge Efficiency
November 24-30, 2024
Proportion change from comparable week in 2023
Occupancy: 50.0 % (down 7.7 %)
ADR: $141.09 (down 3.0 %)
RevPAR: $70.59 (down 10.5 %)

Among the many Prime 25 Markets, Tampa reported the most important year-over-year will increase in occupancy (up 13.2 % to 69.0 %) and RevPAR (up 22.6 % to $106.16).

Oahu posted the very best ADR carry (up 12.8 % to $286.39).

Total, 19 of the Prime 25 Markets reported a decline in RevPAR, with Las Vegas registering the steepest drop (down 56.0 % to $86.03).



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