CoStar: U.S. Hotel Performance Reflects Mixed Results
WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through Feb. 24, 2024. U.S. Hotel Performance February 18-24, 2024 Percentage change from comparable week in 2023:Occupancy: 62.0 percent (down 3.3 percent)ADR: $156.62 (up 0.3 percent)RevPAR: $97.12 (down 2.9 percent) Among the Top 25 Markets, Minneapolis reported the largest year-over-year occupancy increase (up 4.5 percent to 47.8 percent). Las Vegas (up 7.5 percent to $203.52) and Oahu Island (up 7.5 […]
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Arlo Hotels Appoints Jimmy Suh as President
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Fairfield Inn and Suites Bay City Texas Joins Dimension Hospitality’s Managed Portfolio
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