CoStar: U.S. Hotel Industry Reports Higher Weekly Performance Results
WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week but lower comparisons year over year, according to CoStar’s latest data through July 13, 2024. U.S. Hotel PerformanceJuly 7-13, 2024 Percentage change from comparable week in 2023:Occupancy: 69.2 percent (down 3.7 percent)ADR: $158.21 (down 1.5 percent)RevPAR: $109.51 (down 5.2 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 13.4 percent […]
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