CoStar: U.S. Hotel Industry Continues Positive Performance

WASHINGTON—The U.S. hotel industry reported positive comparisons year over year for the second week in a row, according to CoStar’s latest data through August 10, 2024. U.S. Hotel PerformanceAugust 4-10, 2024 Percentage change from comparable week in 2023:Occupancy: 68.7 percent (up 0.5 percent)ADR: $159.49 (up 1.4 percent)RevPAR: $109.51 (up 1.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 31.1 percent to 76.3 percent) and RevPAR (up 47.2 percent […]

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