CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 13, 2024. U.S. Hotel Performance January 7-13, 2024 Percentage change from comparable week in 2023:Occupancy: 53.3 percent (down 2.8 percent)ADR: $153.84 (up 6.3 percent)RevPAR: $81.96 (down 3.3 percent) Among the Top 25 Markets, Las Vegas saw the largest year-over-year increases in each of the three key performance metrics: occupancy (up 29.0 percent to 79.8 percent), […]
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