by Calculated Danger on 11/17/2024 08:57:00 AM
As projected for election week, the U.S. lodge business reported unfavorable year-over-year efficiency comparisons, in accordance with CoStar’s newest information via 9 November. …
3-9 November 2024 (proportion change from comparable week in 2023):
• Occupancy: 62.6% (-3.5%)
• Common each day price (ADR): US$156.11 (-0.1%)
• Income per accessible room (RevPAR): US$97.73 (-3.5%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy price utilizing the four-week common.
The pink line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the report 12 months for lodge occupancy.Â
Notice: 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 via the vacations.
