by Calculated Danger on 10/13/2024 09:20:00 AM
Resulting from Rosh Hashana, the U.S. resort business reported destructive year-over-year comparisons, in response to CoStar’s newest information by 5 October. …
29 September by 5 October 2024 (proportion change from comparable week in 2023):
• Occupancy: 65.6% (-3.4%)
• Common each day charge (ADR): US$156.25 (-4.4%)
• Income per out there room (RevPAR): US$102.44 (-7.7%)
emphasis added
The next graph reveals the seasonal sample for the resort occupancy charge utilizing the four-week common.
The crimson line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the file 12 months for resort occupancy.
Be aware: Y-axis does not begin at zero to higher present the seasonal change.
The 4-week common of the occupancy charge is close to the height for the autumn enterprise journey season, after which will decline through the holidays.
