by Calculated Threat on 11/24/2024 08:21:00 AM
As a result of Veteran’s Day calendar shift, the U.S. resort business reported blended year-over-year efficiency comparisons, in keeping with CoStar’s newest knowledge by means of 16 November. …
10-16 November 2024 (proportion change from comparable week in 2023):
• Occupancy: 63.3% (+1.5%)
• Common every day price (ADR): US$154.96 (-1.1%)
• Income per obtainable room (RevPAR): US$98.11 (+0.4%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy price utilizing the four-week common.
The purple line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the document yr for resort occupancy.Â
Be aware: Y-axis does not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price has peaked for the autumn enterprise journey season and can decline seasonally by means of the vacations.
