by Calculated Threat on 10/25/2024 08:22:00 AM
The U.S. resort business reported constructive year-over-year comparisons, in response to CoStar’s newest information by way of 19 October. …
13-19 October 2024 (share change from comparable week in 2023):
• Occupancy: 70.1% (+1.6)
• Common day by day fee (ADR): US$169.85 (+2.5%)
• Income per out there room (RevPAR): US$119.01 (+4.2%)
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 gentle blue is for 2023. Dashed purple is for 2018, the document yr for resort occupancy.
Observe: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy fee is close to the height for the autumn enterprise journey season, after which will decline throughout the holidays.
