u.s. hotel results
U.S. Hotel Results for Week Ending 19 October
CoStar Group | October 24, 2024
WASHINGTON – 24 October 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 13-19 October 2024 (percentage change from comparable week in 2023): Occupancy: 70.1% (+1.6) Average daily rate (ADR): US$169.85 (+2.5%) Revenue per available room (RevPAR): US$119.01 (+4.2%) Among the Top 25 Markets, Tampa saw the largest occupancy lift (+23.6% to 83.7%), due to continued displacement demand from Hurricane Milton. Miami ...
U.S. Hotel Results for Week Ending 28 September
CoStar Group | October 3, 2024
WASHINGTON – 3 October 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 28 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 22-28 September 2024 (percentage change from comparable week in 2023): Occupancy: 68.4% (+2.6%) Average daily rate (ADR): US$170.24 (+7.5%) Revenue per available room (RevPAR): US$116.50 (+10.2%) Among the Top 25 Markets, New York City saw the highest year-over-year increases in each of the key performance metrics: occupancy (+11.4% to 93.2%)...
U.S.Hotel Results for Week Ending 21 September
CoStar Group | September 26, 2024
WASHINGTON – 26 September 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 21 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 15-21 September 2024 (percentage change from comparable week in 2023): Occupancy: 68.9% (+0.5%) Average daily rate (ADR): US$168.80 (+2.0%) Revenue per available room (RevPAR): US$116.22 (+2.5%) Among the Top 25 Markets, Houston saw the highest year-over-year lift in occupancy (+10.7% to 69.0%). Driven by Dreamforce 2024, San Francisco...
U.S. Hotel Results for Week Ending 14 September
CoStar Group | September 20, 2024
WASHINGTON – 20 September 2024 – The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar’s latest data through 14 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 8-14 September 2024 (percentage change from comparable week in 2023): Occupancy: 66.6% (-1.7%) Average daily rate (ADR): US$162.05 (+0.2%) Revenue per available room (RevPAR): US$107.86 (-1.4%) Among the Top 25 Markets, San Diego saw the highest year-over-year increase in occupancy (+10.5% to 79.9%). Chicago reported the largest ...
U.S. Hotel Results for Week Ending 7 September
CoStar Group | September 12, 2024
WASHINGTON – 12 September 2024 – The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through 7 September. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 1-7 September 2024 (percentage change from comparable week in 2023): Occupancy: 57.8% (-4.2%) Average daily rate (ADR): US$149.67 (-1.0%) Revenue per available room (RevPAR): US$86.48 (-5.2%) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+8.0% to 57.1%) and RevPAR (+18.5% to US$65.62).Â...
U.S. Hotel Results for Week Ending 31 August
CoStar Group | September 6, 2024
WASHINGTON – 6 September 2024 – The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 31 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 25-31 August 2024 (percentage change from comparable week in 2023): Occupancy: 63.9% (+1.9%) Average daily rate (ADR): US$153.67 (+1.6%) Revenue per available room (RevPAR): US$98.18 (+3.6%) Among the Top 25 Markets, Tampa saw the highest year-over-year occupancy lift (+15.2% to 61.7%). Seattle posted the largest increase in ADR (+12.5% ...
U.S. Hotel Results for Week Ending 24 August
CoStar Group | August 29, 2024
WASHINGTON – 29 August 2024 – The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 24 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 18-24 August 2024 (percentage change from comparable week in 2023): Occupancy: 66.1% (+1.7%) Average daily rate (ADR): US$154.80 (+2.7%) Revenue per available room (RevPAR): US$102.30 (+4.5%) Among the Top 25 Markets, Houston saw the highest year-over-year occupancy lift (+31.7% to 76.1%). Driven by the Democratic National Convention, Chicago po...
U.S. Hotel Results for Week Ending 10 August
CoStar Group | August 15, 2024
WASHINGTON – 15 August 2024 – The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 10 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 4-10 August 2024 (percentage change from comparable week in 2023): Occupancy: 68.7% (+0.5%) Average daily rate (ADR): US$159.49 (+1.4%) Revenue per available room (RevPAR): US$109.51 (+1.9%) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+31.1% to 76.3%) and RevPAR (+47.2% to US$93.89). Chicago pos...
