CoStar: U.S. Hotel Industry Sees Positive Year-Over-Year Weekly Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Sept. 28, 2024. U.S. Hotel PerformanceSeptember 22-28, 2024 Percentage change from comparable week in 2023:Occupancy: 68.4 percent (up 2.6 percent)ADR: $170.24 (up 7.5 percent)RevPAR: $116.50 (up 10.2 percent) Among the Top 25 Markets, New York City saw the highest year-over-year increases in each of the key performance metrics: occupancy (up 11.4 percent to 93.2 percent), ADR (up 52.8 percent to $523.69) […]
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