by Calculated Danger on 8/18/2024 09:12:00 AM
The U.S. resort trade reported optimistic comparisons yr over yr, in line with CoStar’s newest information via 10 August. …
4-10 August 2024 (proportion change from comparable week in 2023):
• Occupancy: 68.7% (+0.5%)
• Common day by day charge (ADR): US$159.49 (+1.4%)
• Income per out there room (RevPAR): US$109.51 (+1.9%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy charge utilizing the four-week common.
The purple line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the document yr for resort occupancy.
Observe: Y-axis does not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy charge has peaked for 2024, and the common will begin declining into the late summer season and early Fall.
