CoStar: New Years Holiday Shift Boosts U.S. Hotel Performance
WASHINGTON—Due to the New Year’s holiday shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Jan. 4, 2025. U.S. Hotel Performance December 29, 2024-January 4, 2025 Percentage change from comparable week in 2023 and 2024 Occupancy: 48.3 percent (up 2.9 percent) ADR: $168.90 (up 11.7 percent) RevPAR: $81.53 (up 14.9 percent) Among the Top 25 Markets, Tampa reported the largest year-over-year occupancy increase (up 29.7 percent to 77.5 percent). […]
The post CoStar: New Years Holiday Shift Boosts U.S. Hotel Performance appeared first on LODGING Magazine.