CoStar: U.S. Hotel Industry Posts Higher Performance From Previous Week
WASHINGTON—The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through May 11, 2024. U.S. Hotel Performance May 5-11, 2024 Percentage change from comparable week in 2023:Occupancy: 66.1 percent (up 2.1 percent)ADR: $162.14 (up 4.4 percent)RevPAR: $107.24 (up 6.6 percent) Among the Top 25 Markets, San Francisco reported the highest year-over-year increases in each of the three key performance metrics: occupancy (up 20.6 […]
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