CoStar: U.S. Hotels Report Lower Performance Results From Previous Week
WASHINGTON—The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through June 22, 2024. U.S. Hotel PerformanceJune 16-22, 2024 Percentage change from comparable week in 2023:Occupancy: 69.5 percent (down 2.5 percent)ADR: $159.88 (up 0.1 percent)RevPAR: $111.17 (down 2.3 percent) Among the Top 25 Markets, Seattle saw the highest year-over-year increases in occupancy (up 11.1 percent to 84.9 percent) and RevPAR (up 16.8 […]
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