CoStar: U.S. Hotel Performance Continues to Increase, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, and year-over-year comparisons remained mixed, according to CoStar’s latest data through Oct. 14, 2023. U.S. Hotel Performance October 8-14, 2023 Percentage change from comparable week in 2022:Occupancy: 68.5 percent (down 2.3 percent)ADR: $164.25 (up 3.2 percent)RevPAR: $112.51 (up 0.8 percent) Among the Top 25 Markets, Oahu Island saw the largest year-over-year increases in occupancy (up 17.8 percent to 85.2 percent) and RevPAR (up 29.7 percent to $243.22). […]
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