by Calculated Danger on 11/08/2024 02:11:00 PM
The U.S. resort business reported constructive year-over-year comparisons, based on CoStar’s newest knowledge by way of 19 October. …
27 October by way of 2 November 2024 (share change from comparable week in 2023):
• Occupancy: 60.8% (+1.9%)
• Common every day fee (ADR): US$154.99 (+1.2%)
• Income per out there room (RevPAR): US$94.22 (+3.1%)
emphasis added
The next graph reveals the seasonal sample for the resort occupancy fee utilizing the four-week common.
The purple line is for 2024, blue is the median, and dashed mild blue is for 2023. Dashed purple is for 2018, the file 12 months for resort occupancy.
Word: Y-axis would not begin at zero to raised 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 way of the vacations.
