CoStar: U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Sept. 21, 2024. U.S. Hotel PerformanceSeptember 15-21, 2024 Percentage change from comparable week in 2023:Occupancy: 68.9 percent (up 0.5 percent)ADR: $168.80 (up 2.0 percent)RevPAR: $116.22 (up 2.5 percent) Among the Top 25 Markets, Houston saw the highest year-over-year lift in occupancy (up 10.7 percent to 69.0 percent). Driven by Dreamforce 2024, San Francisco reported the largest increases in ADR (up 60.9 […]
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