CoStar: Holiday Calendar Shift Impacts Weekly U.S. Hotel Industry Performance
WASHINGTON—Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar’s latest data through Nov. 16, 2024. U.S. Hotel PerformanceNovember 10-26, 2024 Percentage change from comparable week in 2023:Occupancy: 63.3 percent (up 1.5 percent)ADR: $154.96 (down 1.1 percent)RevPAR: $98.11 (up 0.4 percent) Among the Top 25 Markets, Tampa saw the largest increases across each of the three key performance metrics: occupancy (up 30.3 percent to 87.2 percent), […]
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