by Calculated Danger on 6/14/2024 08:11:00 AM
The U.S. resort business reported larger efficiency outcomes from the earlier week however blended comparisons yr over yr, in response to CoStar’s newest knowledge via 8 June. …
2-8 June 2024 (share change from comparable week in 2023):
• Occupancy: 69.1% (-0.1%)
• Common each day charge (ADR): US$160.90 (+1.8%)
• Income per obtainable room (RevPAR): US$111.26 (+1.7%)
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 yr for resort occupancy.
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 time journey season.