u.s. hotel results
U.S. hotel results for week ending 30 March
CoStar Group | April 4, 2024
WASHINGTON – 4 April 2024 – As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through 30 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 24-30 March 2024 (percentage change from comparable week in 2023): Occupancy: 62.3% (-5.6%) Average daily rate (ADR): US$157.14 (-0.7%) Revenue per available room (RevPAR): US$97.83 (-6.3%) Among the Top 25 Markets, New York City reported the largest year-over-year increases in each of the three key performance metrics: occu...
U.S. Hotel Results for Week Ending 23 March
CoStar Group | March 28, 2024
WASHINGTON – 28 March 2024 – U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through 23 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 17-23 March 2024 (percentage change from comparable week in 2023): Occupancy: 65.3% (+0.7%) Average daily rate (ADR): US$162.28 (+2.5%) Revenue per available room (RevPAR): US$106.01 (+3.2%) Among the Top 25 Markets, New Orleans reported the largest year-over-year increase in occupancy (+13.6% to 75.5%). ...
U.S. Hotel Results for Week Ending 16 March
CoStar Group | March 21, 2024
WASHINGTON – 21 March 2024 – U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 10-16 March 2024 (percentage change from comparable week in 2023): Occupancy: 66.5% (-1.4%) Average daily rate (ADR): US$163.21 (-2.1%) Revenue per available room (RevPAR): US$108.51 (-3.5%) Among the Top 25 Markets, Seattle reported the largest year-over-year increases in occupancy (+12.7% to 73.0%) and RevPAR (+21.7% ...
U.S. Hotel Results for Week Ending 10 February
CoStar Group | February 15, 2024
WASHINGTON – 15 February 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 10 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 4-10 February 2024 (percentage change from comparable week in 2023): Occupancy: 56.2% (-2.7%) Average daily rate (ADR): US$160.96 (+6.8%) Revenue per available room (RevPAR): US$90.40 (+3.9%) Among the Top 25 Markets, Oahu Island saw the largest increase in occupancy (+8.0% to 82.9%). In its Super Bowl host...
U.S. Hotel Results for Week Ending 3 February
CoStar Group | February 8, 2024
WASHINGTON – 8 February 2024 – U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 3 February. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 28 January through 3 February 2024 (percentage change from comparable week in 2023): Occupancy: 55.2% (-0.1%) Average daily rate (ADR): US$147.99 (+1.9%) Revenue per available room (RevPAR): US$81.69 (+1.7%) Among the Top 25 Markets, Seattle saw the largest increases in occupancy (+19.3% to 60.1%) and R...
U.S. Hotel Results for Week Ending 20 January
CoStar Group | January 25, 2024
WASHINGTON – 25 January 2024 – U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 20 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 4-20 January 2024 (percentage change from comparable week in 2023): Occupancy: 52.2% (-3.8%) Average daily rate (ADR): US$142.27 (+1.6%) Revenue per available room (RevPAR): US$74.31 (-2.2%) Among the Top 25 Markets, Seattle saw the largest year-over-year occupancy increase (+9.6% to 54.1%). Atlanta...
U.S. Hotel Results for Week Ending 6 January
CoStar Group | January 11, 2024
WASHINGTON – 11 January 2024 – U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through 6 January. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 31 December 2023 through 6 January 2024 (percentage change from comparable week in 2023): Occupancy: 46.8% (-0.7%) Average daily rate (ADR): US$152.17 (+7.2%) Revenue per available room (RevPAR): US$71.28 (+6.4%) Among the Top 25 Markets, New Orleans saw the largest year-over-year increases in each of the three key pe...
U.S. Hotel Results for Week Ending 30 December
CoStar Group | January 8, 2024
WASHINGTON – 8 January 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons were skewed downward due to a calendar shift, according to CoStar’s latest data through 30 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 24-30 December 2023 (percentage change from comparable week in 2022): Occupancy: 50.1% (-7.1%) Average daily rate (ADR): US$163.58 (-2.8%) Revenue per available room (RevPAR): US$82.01 (-9.7%) Year-over-year comparisons were negative as the comparable week from 2022 (25 Dece...
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