CoStar: U.S. Hotel Performance Decreases With Easter Holiday
WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through March 30, 2024. U.S. Hotel Performance March 24-30, 2024 Percentage change from comparable week in 2023:Occupancy: 62.3 percent (down 5.6 percent)ADR: $157.14 (down 0.7 percent)RevPAR: $97.83 (down 6.3 percent) Among the Top 25 Markets, New York City reported the largest year-over-year increases in each of the three key performance metrics: occupancy (up 13.2 percent […]
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