WASHINGTON—U.S. lodge efficiency elevated from the earlier week however confirmed continued declines yr over yr, in response to CoStar’s newest knowledge by March 16, 2024.
U.S. Lodge Efficiency
March 10-16, 2024
Proportion change from comparable week in 2023:
Occupancy: 66.5 p.c (down 1.4 p.c)
ADR: $163.21 (down 2.1 p.c)
RevPAR: $108.51 (down 3.5 p.c)
Among the many Prime 25 Markets, Seattle reported the biggest year-over-year will increase in occupancy (up 12.7 p.c to 73.0 p.c) and RevPAR (up 21.7 p.c to $120.29).
Anaheim posted the very best ADR carry (up 18.0 p.c to $254.73).
The steepest RevPAR declines had been seen in Las Vegas (down 41.0 p.c to $167.50) and New Orleans (down 19.0 p.c to $139.05).
