WASHINGTON—The U.S. lodge trade reported optimistic comparisons 12 months over 12 months for the second week in a row, in line with CoStar’s newest information via August 10, 2024.
U.S. Resort Efficiency
August 4-10, 2024
Share change from comparable week in 2023:
Occupancy: 68.7 % (up 0.5 %)
ADR: $159.49 (up 1.4 %)
RevPAR: $109.51 (up 1.9 %)
Among the many High 25 Markets, Houston noticed the very best year-over-year will increase in occupancy (up 31.1 % to 76.3 %) and RevPAR (up 47.2 % to $93.89).
Chicago posted the biggest raise in ADR (up 13.8 % to $188.95).
The steepest RevPAR declines had been seen in Los Angeles (down 12.2 % to $161.66) and Dallas (down 11.3 % to $66.30).
