Home Hotel Industry Finance & Development U.S. Resort Business Reviews Blended Efficiency Outcomes

U.S. Resort Business Reviews Blended Efficiency Outcomes

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U.S. Resort Business Reviews Blended Efficiency Outcomes

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August 2024

WASHINGTON—The U.S. lodge business reported combined comparisons yr over yr, in line with CoStar’s newest information by August 17, 2024.

U.S. Resort Efficiency
August 11-17, 2024
Proportion change from comparable week in 2023:
Occupancy: 66.9 p.c (down 0.2 p.c)
ADR: $156.35 (up 1.0 p.c)
RevPAR: $104.54 (up 0.9 p.c)

Among the many High 25 Markets, Houston noticed the very best year-over-year will increase in every of the three key efficiency metrics: occupancy (up 34.3 p.c to 75.3 p.c), ADR (up 14.5 p.c to $121.89), and RevPAR (up 53.8 p.c to $91.73).

The steepest RevPAR declines have been seen in San Francisco (down 13.8 p.c to $143.39) and Atlanta (down 11.3 p.c to $69.43).

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