by Calculated Threat on 12/16/2024 03:01:00 PM
The U.S. resort business reported optimistic year-over-year efficiency comparisons, in keeping with CoStar’s newest information by 7 December. …
1-7 December 2024 (share change from comparable week in 2023):
• Occupancy: 59.0% (+0.5%)
• Common day by day price (ADR): US$159.77 (+3.8%)
• Income per out there room (RevPAR): US$94.31 (+4.3%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy price 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 document 12 months for resort occupancy.
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 the vacations. This can be a strong end for 2024!
