CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 27, 2024. U.S. Hotel Performance January 21-27, 2024 Percentage change from comparable week in 2023:Occupancy: 56.2 percent (down 0.3 percent)ADR: $149.76 (up 5.1 percent)RevPAR: $84.13 (up 4.8 percent) Among the Top 25 Markets, Las Vegas saw the largest year-over-year increases in each of the three key performance metrics: occupancy (up 28.9 percent to 83.4 percent), […]
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