U.S. Hotel Results for Week Ending 28 October

CoStar Group | November 2, 2023

WASHINGTON – 2 November 2023 – U.S. hotel performance decreased from the previous week but showed positive year-over-year comparisons, according to CoStar’s latest data through 28 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 22-28 October 2023 (percentage change from comparable week in 2022): Occupancy: 66.0% (+0.7%) Average daily rate (ADR): US$160.89 (+3.9%) Revenue per available room (RevPAR): US$106.16 (+4.6%) Among the Top 25 Markets, Minneapolis saw the largest year-over-year lift in occupancy (+12.7% to 64.5%). New York City...