CoStar: September Reports Mixed U.S. Hotel Performance Results
WASHINGTON—The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 data from CoStar. U.S. Hotel PerformanceSeptember 2024 Percentage change from September 202):Occupancy: 64.6 percent (down 2.5 percent)ADR: $162.63 (up 1.2 percent)RevPAR: $105.04 (down 1.3 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (down 0.8 percent to 87.0 percent), driven by the United Nations General Assembly, Fashion Week, and the U.S. Open. Markets with […]
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