by Calculated Threat on 10/25/2024 08:22:00 AM
The U.S. resort trade reported optimistic year-over-year comparisons, based on CoStar’s newest information by way of 19 October. …
13-19 October 2024 (share change from comparable week in 2023):
• Occupancy: 70.1% (+1.6)
• Common day by day fee (ADR): US$169.85 (+2.5%)
• Income per obtainable room (RevPAR): US$119.01 (+4.2%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy fee utilizing the four-week common.
The pink line is for 2024, blue is the median, and dashed mild blue is for 2023. Dashed purple is for 2018, the report 12 months for resort occupancy.
Word: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy fee is close to the height for the autumn enterprise journey season, after which will decline throughout the holidays.
