CoStar: U.S. Hotel Industry Continues to Post Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26, 2024. U.S. Hotel PerformanceOctober 20-26, 2024Percentage change from comparable week in 2023:Occupancy: 69.0 percent (up 4.5 percent)ADR: $168.69 (up 4.6 percent)RevPAR: $116.32 (up 9.3 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 28.1 percent to 84.2 percent), due to continued displacement demand from Hurricane Milton. New Orleans saw the highest increases in ADR (up […]
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