WASHINGTON—Because of Memorial Day, the U.S. lodge trade reported decrease efficiency effects from the former week however fairly sure comparisons 12 months over 12 months, in step with CoStar’s newest information thru June 1, 2024.
U.S. Resort Efficiency
Might 26-June 1, 2024
Proportion alternate from related week in 2023:
Occupancy: 62.0 % (up 0.9 %)
ADR: $150.87 (up 0.1 %)
RevPAR: $93.50 (up 1.0 %)
A number of the Most sensible 25 Markets, New Orleans noticed the perfect year-over-year occupancy raise (up 17.8 % to 66.8 %).
Las Vegas reported the biggest building up in ADR (up 7.4 % to $177.13).
Dallas reported the biggest bounce in RevPAR (up 22.5 % to $86.07) and the second-highest building up in ADR (up 6.9 % to $120.55). Critical storms out there drove efficiency after many citizens have been left with out energy.
The steepest RevPAR declines have been noticed in Washington, D.C. (down 10.3 % to $105.24) and Denver (down 7.6 % to $93.92).