CoStar: U.S. Hotel Industry Lowers Performance From Previous Week
WASHINGTON—The U.S. hotel industry reported lower performance results than the previous week and mixed comparisons year over year, according to CoStar’s latest data through July 27, 2024. U.S. Hotel PerformanceJuly 21-27, 2024 Percentage change from comparable week in 2023:Occupancy: 72.0 percent (down 0.4 percent)ADR: $164.45 (up 1.3 percent)RevPAR: $118.37 (up 0.9 percent) Among the Top 25 Markets, New Orleans saw the highest year-over-year occupancy increase (up 16.9 percent to 66.7 percent). San Diego posted the […]
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