Occupancy Charge Elevated 1.6% Yr-over-year

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by Calculated Threat on 6/02/2024 08:21:00 AM

The U.S. lodge business reported combined efficiency outcomes from the earlier week however constructive comparisons yr over yr, in line with CoStar’s newest information by means of 25 Could. …

19-25 Could 2024 (share change from comparable week in 2023):

• Occupancy: 67.7% (+1.6%)
• Common every day charge (ADR): US$160.67 (+2.3%)
• Income per obtainable room (RevPAR): US$108.73 (+3.9%)
emphasis added

The next graph reveals the seasonal sample for the lodge occupancy charge utilizing the four-week common.

Click on on graph for bigger picture.

The crimson line is for 2024, blue is the median, and dashed mild blue is for 2023.  Dashed purple is for 2018, the document yr for lodge occupancy. 

The 4-week common of the occupancy charge is monitoring final yr, and barely above the median charge for the interval 2000 by means of 2023 (Blue).

Notice: Y-axis does not begin at zero to raised present the seasonal change.

The 4-week common of the occupancy charge will enhance seasonally when the summer time journey season begins.

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