U.S. Hotel Performance Showed Mixed Results Through 4 May

CoStar Group | May 10, 2024

WASHINGTON – 10 May 2024 – U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 4 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 28 April through 4 May 2024 (percentage change from comparable week in 2023): Occupancy: 64.4% (-0.8%) Average daily rate (ADR): US$159.97 (+1.3%) Revenue per available room (RevPAR): US$103.09 (+0.5%) Among the Top 25 Markets, Seattle reported the highest year-over-year increase in occupancy (+8.1% to 69.4%). Dallas posted the largest lift in ADR (+5.8% t...