by Calculated Threat on 6/11/2024 08:11:00 AM
As a result of Memorial Day, the U.S. lodge business reported decrease efficiency outcomes from the earlier week however barely optimistic comparisons yr over yr, in keeping with CoStar’s newest knowledge by means of 1 June. …
26 Could by means of 1 June 2024 (share change from comparable week in 2023):
• Occupancy: 62.0% (+0.9%)
• Common day by day charge (ADR): US$150.87 (+0.1%)
• Income per out there room (RevPAR): US$93.50 (+1.0%)
emphasis added
The next graph reveals the seasonal sample for the lodge 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 document yr 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 charge will now improve seasonally with the summer season journey season.