by Calculated Threat on 11/24/2024 08:21:00 AM
As a result of Veteran’s Day calendar shift, the U.S. resort trade reported blended year-over-year efficiency comparisons, based on CoStar’s newest information by means of 16 November. …
10-16 November 2024 (proportion change from comparable week in 2023):
• Occupancy: 63.3% (+1.5%)
• Common day by day fee (ADR): US$154.96 (-1.1%)
• Income per out there room (RevPAR): US$98.11 (+0.4%)
emphasis added
The next graph exhibits 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 has peaked for the autumn enterprise journey season and can decline seasonally by means of the vacations.
