CoStar: U.S. Hotel Industry Reports Higher Performance From the Previous Week
WASHINGTON—The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through June 29, 2024. U.S. Hotel PerformanceJune 23-29, 2024 Percentage change from comparable week in 2023:Occupancy: 71.9 percent (up 3.2 percent)ADR: $162.81 (up 3.6 percent)RevPAR: $117.13 (up 6.9 [ercent) Among the Top 25 Markets, Minneapolis saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 20.1 percent […]
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CoStar: U.S. Hotel Industry Performance Improves Year Over Year
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