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).