CoStar: U.S. Hotel Performance Decreases, Shows Positive Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through Oct. 28, 2023. U.S. Hotel Performance October 22-28, 2023 Percentage change from comparable week in 2022Occupancy: 66.0 percent (up 0.7 percent)ADR: $160.89 (up 3.9 percent)RevPAR: $106.16 (up 4.6 percent) Among the Top 25 Markets, Minneapolis saw the largest year-over-year lift in occupancy (up 12.7 percent to 64.5 percent). New York City posted the highest ADR increase […]
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