Occupancy Charge Elevated 21.7% Yr-over-year attributable to Timing of Thanksgiving

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by Calculated Threat on 11/29/2024 12:21:00 PM

Because of the Thanksgiving calendar shift, the U.S. resort trade reported greater year-over-year efficiency comparisons, in line with CoStar’s newest information by means of 23 November. …

17-23 November 2024 (share change from comparable week in 2023):

• Occupancy: 59.7% (+20.7%)
• Common day by day fee (ADR): US$150.49 (+8.6%)
• Income per accessible room (RevPAR): US$89.80 (+31.1%)
emphasis added

The next graph exhibits the seasonal sample for the resort occupancy fee 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 report 12 months for resort occupancy. 

The 4-week common of the occupancy fee is above each final 12 months and the median fee for the interval 2000 by means of 2023 (Blue) – and can probably end principally unchanged year-over-year.

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

The 4-week common of the occupancy fee has peaked for the autumn enterprise journey season and can decline seasonally by means of the vacations.  Notice: Occupancy shall be down sharply subsequent week because of the timing of Thanksgiving (the reverse of this week).

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