CoStar: U.S. Hotel Performance Falls, Anticipated From Holidays
WASHINGTON—As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through Dec. 23, 2023. U.S. Hotel Performance December 17-23, 2023 Percentage change from comparable week in 2022:Occupancy: 43.9 percent (up 0.5 percent)ADR: $131.97 (down 0.9 percent)RevPAR: $57.90 (down 0.4 percent) Among the Top 25 Markets, Boston saw the largest year-over-year increases in occupancy (up 21.5 percent to 46.2 percent) and RevPAR (up 23.1 percent to $65.68). […]
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