by Calculated Danger on 9/20/2024 09:01:00 AM
The U.S. lodge trade reported largely damaging year-over-year comparisons, in accordance with CoStar’s newest knowledge by 14 September. …
8-14 September 2024 (share change from comparable week in 2023):
• Occupancy: 66.6% (-1.7%)
• Common every day fee (ADR): US$162.05 (+0.2%)
• Income per out there room (RevPAR): US$107.86 (-1.4%)
emphasis added
The next graph exhibits the seasonal sample for the lodge occupancy fee 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 report yr for lodge occupancy.
Observe: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy fee will improve over the subsequent a number of in the course of the fall enterprise journey season.
