by Calculated Threat on 5/24/2024 11:01:00 AM
The U.S. lodge trade reported larger efficiency from the earlier week and constructive comparisons yr over yr, based on CoStar’s newest information by means of 18 Might. …
12-18 Might 2024 (proportion change from comparable week in 2023):
• Occupancy: 67.4% (+0.2%)
• Common day by day fee (ADR): US$163.11 (+2.6%)
• Income per obtainable room (RevPAR): US$109.93 (+2.8%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy fee utilizing the four-week common.
The crimson line is for 2024, black is 2020, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the report yr for lodge occupancy.
Notice: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy fee will improve seasonally when the summer time journey season begins.