CoStar: U.S. Hotel Performance Remained Mostly Flat in July
WASHINGTON—The U.S. hotel industry reported mostly flat performance comparisons year over year, according to July 2024 data from CoStar. U.S. Hotel PerformanceJuly 2024 Percentage change from July 2023:Occupancy: 68.8 percent (down 0.5 percent)ADR: $161.69 (up 0.5 percent)RevPAR: $111.18 (flat) Among the Top 25 Markets, Oahu Island experienced the highest levels in each of the three key performance metrics: occupancy (up 4.5 percent to 88.3 percent), ADR (up 1.4 percent to $310.46), and RevPAR (up 5.9 […]
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