CoStar: U.S. Hotel Performance Lowers From Previous Week
WASHINGTON—The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through Sept. 7, 2024. U.S. Hotel PerformanceSeptember 1-7, 2024 Percentage change from comparable week in 2023:Occupancy: 57.8 percent (down 4.2 percent)ADR: $149.67 (down 1.0 percent)RevPAR: $86.48 (down 5.2 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 8.0 percent to 57.1 percent) and RevPAR (up 18.5 percent to $65.62). Two markets matched […]
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