WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Feb. 17, 2024. U.S. Hotel Performance February 11-17, 2024 Percentage change from comparable week in 2023:Occupancy: 59.2 percent (down 2.5 percent)ADR: $162.24 (up 4.2 percent)RevPAR: $96.10 (up 1.6 percent) Among the Top 25 Markets, Boston (up 14.6 percent to 64.7 percent) and New Orleans (up 14.6 percent to 75.7 percent) matched for the largest increase in […]

The post CoStar: U.S. Hotel Performance Increases From Previous Week appeared first on LODGING Magazine.

This post was originally published on this site