U.S. Lodge Efficiency Decreases, Comparisons Stay Blended

U.S. hotel performance

WASHINGTON—U.S. lodge efficiency decreased from the earlier week, whereas year-over-year comparisons remained blended, in keeping with CoStar’s newest knowledge by Jan. 20, 2024.

U.S. Lodge Efficiency

January 14-20, 2024

Share change from comparable week in 2023:
Occupancy: 52.2 p.c (down 3.8 p.c)
ADR: $142.27 (up 1.6 p.c)
RevPAR: $74.31 (down 2.2 p.c)

Among the many Prime 25 Markets, Seattle noticed the biggest year-over-year occupancy improve (up 9.6 p.c to 54.1 p.c).

Atlanta posted the very best lifts in ADR (up 14.3 p.c to $131.74) and RevPAR (up 18.5 p.c to $81.76).

The steepest RevPAR declines had been seen in Las Vegas (down 19.2 p.c to $108.97) and Nashville (down 15.2 p.c to $68.59).

Supply hyperlink

Recent Articles

Related Stories

Stay on op - Ge the daily news in your inbox