by Calculated Danger on 6/02/2024 08:21:00 AM
The U.S. lodge business reported combined efficiency outcomes from the earlier week however constructive comparisons yr over yr, in response to CoStar’s newest knowledge by 25 Could. …
19-25 Could 2024 (proportion change from comparable week in 2023):
• Occupancy: 67.7% (+1.6%)
• Common every day price (ADR): US$160.67 (+2.3%)
• Income per out there room (RevPAR): US$108.73 (+3.9%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy price 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 file yr for lodge occupancy.
Word: Y-axis would not begin at zero to higher present the seasonal change.
The 4-week common of the occupancy price will enhance seasonally when the summer time journey season begins.
