CoStar: U.S. Hotel Industry Performance Lifts Year Over Year
WASHINGTON—The U.S. hotel industry reported slightly positive comparisons year over year, according to CoStar’s latest data through August 3, 2024. U.S. Hotel PerformanceJuly 28- August 3, 2024Percentage change from comparable week in 2023:Occupancy: 69.4 percent (up 0.8 percent)ADR: $159.63 (up 0.6 percent)RevPAR: $110.84 ( up 1.3 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 28.1 percent to 75.8 percent) and RevPAR (up 45.7 percent to $93.88). Houston (up […]
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