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...