U.S. Resort Efficiency Lowers However Reveals Optimistic Comparisons


December 2023 U.S. hotel performance

WASHINGTON—U.S. resort efficiency was expectedly decrease from the earlier week, however year-over-year comparisons have been constructive, in line with CoStar’s newest knowledge by way of Dec. 16, 2024.

U.S. Resort Efficiency

December 10-16, 2023

Share change from comparable week in 2022
Occupancy: 54.7 % (up 1.1 %)
ADR: $142.62 (up 4.7 %)
RevPAR: $77.99 (up 5.8 %)

Among the many Prime 25 Markets, San Francisco noticed the most important year-over-year will increase in every of the three key efficiency metrics: occupancy (up 32.0 % to 70.2 %), ADR (up 21.5 % to $223.78), and RevPAR (up 60.3 % to $157.14).

The steepest RevPAR declines have been seen in Chicago (down 13.5 % to $64.61) and Washington, D.C. (down 6.7 % to $90.28).



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