U.S. hotel results for week ending Nov. 23

Chicago

Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year (YOY) performance comparisons, according to CoStar’s latest data through Nov. 23.

Nov.17-23 (percentage change from comparable week in 2023):

Occupancy: 59.7% (+20.7%)
ADR: $150.49 (+8.6%)
RevPAR: $89.80 (+31.1%)

Among the top 25 markets, Seattle reported the largest YOY occupancy increase (+62.9% to 76.7%).

Chicago posted the highest lifts in ADR (+43.8% to $181.36) and RevPAR (+113.7% to $127.91).

Oahu was the only market to register a RevPAR decline (-22.7% to $176.10).

The post U.S. hotel results for week ending Nov. 23 appeared first on hotelbusiness.com.

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