U.S. hotel results for week ending Nov. 9
As projected for election week, the U.S. hotel industry reported negative year-over-year (YOY) performance comparisons, according to CoStar’s latest data through Nov. 9.
Nov. 3-9 (percentage change from comparable week in 2023):
Occupancy: 62.6% (-3.5%)
ADR: $156.11 (-0.1%)
RevPAR: $97.73 (-3.5%)
Among the top 25 markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupancy (+6.8% to 85.4%), ADR (+28.2% to $256.38) and RevPAR (+36.9% to $219.07).
The steepest RevPAR declines were seen in San Francisco (-35.2% to $111.40) and Washington, DC (-27.9% to $95.89).
The post U.S. hotel results for week ending Nov. 9 appeared first on hotelbusiness.com.
Atrium Hospitality Shares Graduates of Inaugural WomenRISE Class
ALPHARETTA, Georgia—In celebration of National Career Development Month in November, Atrium Hospit
U.S. group business shows highest overall index rating in four quarters
Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus, a travel intellig
CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U
