Occupancy Charge Elevated 2.1% Yr-over-year

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by Calculated Threat on 5/17/2024 01:12:00 PM

The U.S. lodge trade reported larger efficiency from the earlier week and optimistic comparisons 12 months over 12 months, in response to CoStar’s newest information by 11 Could. …

5-11 Could 2024 (proportion change from comparable week in 2023):

• Occupancy: 66.1% (+2.1%)
• Common each day fee (ADR): US$162.14 (+4.4%)
• Income per accessible room (RevPAR): US$107.24 (+6.6%)
emphasis added

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

Click on on graph for bigger picture.

The crimson line is for 2024, black is 2020, blue is the median, and dashed gentle blue is for 2023.  Dashed purple is for 2018, the document 12 months for lodge occupancy. 

The 4-week common of the occupancy fee is monitoring final 12 months, and barely above the median fee for the interval 2000 by 2023 (Blue).

Word: Y-axis would not begin at zero to raised present the seasonal change.

The 4-week common of the occupancy fee will transfer principally sideways seasonally till the summer season journey season.

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