CoStar: U.S. Hotel Performance Declines, Expected From Halloween
WASHINGTON—U.S. hotel performance showed an expected decline from the previous week as well as mixed year-over-year comparisons, according to CoStar’s latest data through November 9, 2023. U.S. Hotel Performance October 29-November 4, 2023 Percentage change from comparable week in 2022:Occupancy: 59.7 percent (down 4.0 percent)ADR: $152.90 (up 2.0 percent)RevPAR: $91.23 (down 2.1 percent) The decrease in occupancy was anticipated with Halloween falling on Tuesday. Among the Top 25 Markets, St. Louis saw the largest year-over-year […]
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