CoStar: U.S. Hotel Performance Fell With Thanksgiving Holiday
WASHINGTON—As expected due to the Thanksgiving holiday, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through Nov. 25, 2023. U.S. Hotel Performance November 19-25, 2023 Percentage change from comparable week in 2022Occupancy: 49.4 percent (down 1.4 percent)ADR: $138.29 (up 0.9 percent)RevPAR: $68.32 (down 0.6 percent) Among the Top 25 Markets, Oahu Island saw the largest year-over-year increases in occupancy (up 9.4 percent to 76.3 percent) and RevPAR (up 16.3 percent […]
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