CoStar: U.S. Hotel Industry Reports Higher WeeklyPerformance
WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week and positive comparisons year over year, according to CoStar’s latest data through July 20, 2024. U.S. Hotel PerformanceJuly 14-20, 2024 Percentage change from comparable week in 2023:Occupancy: 73.5 percent (up 1.0 percent)ADR: $165.91 (up 2.4 percent)RevPAR: $122.02 (up 3.4 percent) The U.S. RevPAR level was the highest for any week on record. Among the Top 25 Markets, Houston saw the highest year-over-year increases […]
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CoStar: U.S. Hotel Industry Performance Improves Year Over Year
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