WASHINGTON—As expected, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 2, 2023. U.S. Hotel Performance November 26-December 2, 2023 Percentage change from comparable week in 2022Occupancy: 54.2 percent (down 1.6 percent)ADR: $144.88 (up 0.8 percent)RevPAR: $78.54 (down 0.8 percent) Among the Top 25 Markets, New York City saw the largest year-over-year increases in occupancy (up 6.8 percent to 83.5 percent) and RevPAR (up 17.2 percent to $319.18). Las […]

The post CoStar: U.S. Hotel Performance Increases as Expected appeared first on LODGING Magazine.

This post was originally published on this site