U.S. Lodge Efficiency Exhibits Constructive Yearly Comparisons


WASHINGTON—U.S. resort efficiency decreased from the earlier week however confirmed optimistic comparisons yr over yr, in response to CoStar’s newest information by way of March 23, 2024.

U.S. Lodge Efficiency

March 17-23, 2024

Proportion change from comparable week in 2023:
Occupancy: 65.3 % (up 0.7 %)
ADR: $162.28 (up 2.5 %)
RevPAR: $106.01 (up 3.2 %)

Among the many Prime 25 Markets, New Orleans reported the biggest year-over-year improve in occupancy (up 13.6 % to 75.5 %).

Las Vegas posted the best ADR carry (up 14.2 % to $217.27).

The steepest RevPAR declines have been seen in Chicago (down 12.0 % to $87.95) and Nashville (down 10.0 % to $131.14).



Supply hyperlink

Recent Articles

Related Stories

Stay on op - Ge the daily news in your inbox