CoStar: U.S. Hotel Performance Showed Mixed Results in April 2024
WASHINGTON—The U.S. hotel industry reported mixed performance results from the previous month, but positive comparisons year over year, according to April 2024 data from CoStar. U.S. Hotel Performance April 2024 Percentage change from April 2023: Occupancy: 65.2 percent (up 1.2 percent)ADR: $157.31 (up 0.8 percent)RevPAR: $102.51 (up 2.0 percent) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 2.8 percent to 84.4 […]
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