CoStar: U.S. Hotel Industry Continues to Show Mixed Weekly Results
The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through May 25, 2024. U.S. Hotel Performance May 19-25, 2024 Percentage change from comparable week in 2023:Occupancy: 67.7 percent (up 1.6 percent)ADR: $160.67 (up 2.3 percent)RevPAR: $108.73 (up 3.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 20.9 percent to 74.1 percent) and RevPAR (up […]
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