by Calculated Danger on 11/17/2024 08:57:00 AM
As projected for election week, the U.S. resort business reported adverse year-over-year efficiency comparisons, in accordance with CoStar’s newest knowledge by 9 November. …
3-9 November 2024 (proportion change from comparable week in 2023):
• Occupancy: 62.6% (-3.5%)
• Common each day charge (ADR): US$156.11 (-0.1%)
• Income per obtainable room (RevPAR): US$97.73 (-3.5%)
emphasis added
The next graph exhibits 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 mild 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 charge has peaked for the autumn enterprise journey season and can decline seasonally by the vacations.
