CoStar: U.S. Hotel Industry Showed Mixed Performance During August
WASHINGTON—The U.S. hotel industry reported lower performance results from the previous month but positive comparisons year over year, according to August 2024 data from CoStar. U.S. Hotel PerformanceAugust 2024 Percentage change from August 2023: Occupancy: 66.9 percent (up 1.5 percent)ADR: $157.84 (up 2.3 percent)RevPAR: $105.67 (up 3.9 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (up 5.2 percent to 87.3 percent). Markets with the lowest occupancy for the month […]
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