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 […]

The post CoStar: U.S. Hotel Performance Fell With Thanksgiving Holiday appeared first on LODGING Magazine.

This post was originally published on this site