U.S. Resort Business Lowers Efficiency From Earlier Week


WASHINGTON—The U.S. resort business reported decrease efficiency outcomes than the earlier week and blended comparisons 12 months over 12 months, in keeping with CoStar’s newest knowledge by way of July 27, 2024.

U.S. Resort Efficiency
July 21-27, 2024
Share change from comparable week in 2023:
Occupancy: 72.0 p.c (down 0.4 p.c)
ADR: $164.45 (up 1.3 p.c)
RevPAR: $118.37 (up 0.9 p.c)

Among the many High 25 Markets, New Orleans noticed the very best year-over-year occupancy improve (up 16.9 p.c to 66.7 p.c).

San Diego posted the most important raise in ADR (up 12.0 p.c to $294.80).

The steepest RevPAR decline was seen in Nashville (down 24.2 p.c to $128.78), as a result of a comparability towards George Strait live performance dates (July 28-29, 2023).



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