CoStar: U.S. Hotel Industry Reports Mixed Performance Results Year-Over-Year

WASHINGTON—The U.S. hotel industry reported mixed comparisons year over year, according to CoStar’s latest data through August 17, 2024. U.S. Hotel PerformanceAugust 11-17, 2024 Percentage change from comparable week in 2023:Occupancy: 66.9 percent (down 0.2 percent)ADR: $156.35 (up 1.0 percent)RevPAR: $104.54 (up 0.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 34.3 percent to 75.3 percent), ADR (up 14.5 percent to […]

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