CoStar: U.S. Hotel Industry Shows Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19, 2024. U.S. Hotel PerformanceOctober 2024Percentage change from comparable week in 2023:Occupancy: 70.1 percent (up 1.6 percent)ADR: $169.85 (up 2.5 percent)RevPAR: $119.01 (up 4.2 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 23.6 percent to 83.7 percent), due to continued displacement demand from Hurricane Milton. Miami saw the highest increases in ADR (up 29.9 percent […]
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