WASHINGTON—U.S. resort efficiency elevated from the earlier week, whereas year-over-year comparisons remained blended, in accordance with CoStar’s newest knowledge by way of Jan. 13, 2024.
U.S. Lodge Efficiency
January 7-13, 2024
Share change from comparable week in 2023:
Occupancy: 53.3 % (down 2.8 %)
ADR: $153.84 (up 6.3 %)
RevPAR: $81.96 (down 3.3 %)
Among the many High 25 Markets, Las Vegas noticed the most important year-over-year will increase in every of the three key efficiency metrics: occupancy (up 29.0 % to 79.8 %), ADR (up 77.3 % to $283.74), and RevPAR (up 128.8 % to $226.34). The market’s efficiency was helped by the Client Electronics Present.
The steepest RevPAR declines had been seen in Atlanta (down 31.1 % to $64.34) and Los Angeles (down 16.6 % to $112.60).
