by Calculated Danger on 5/24/2024 11:01:00 AM
The U.S. lodge business reported increased efficiency from the earlier week and optimistic comparisons 12 months over 12 months, in accordance with CoStar’s newest information by means of 18 Could. …
12-18 Could 2024 (share change from comparable week in 2023):
• Occupancy: 67.4% (+0.2%)
• Common each day fee (ADR): US$163.11 (+2.6%)
• Income per obtainable room (RevPAR): US$109.93 (+2.8%)
emphasis added
The next graph exhibits the seasonal sample for the lodge occupancy fee utilizing the four-week common.
The pink line is for 2024, black is 2020, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the file 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 fee will improve seasonally when the summer season journey season begins.