LodgingMagazine
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19, 2024. U.S. Hotel PerformanceOctober 2024Percentage change from comparable week in 2023:Occupancy: 70.1 percent (up 1.6 percent)ADR: $169.85 (up 2.5 percent)RevPAR: $119.01 (up 4.2 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 23.6 percent to 83.7 percent…
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CoStar: U.S. Hotel Industry Shows Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through October 19, 2024. U.S. Hotel PerformanceOctober 2024Percentage change from comparable week in 2023:Occupancy: 70.1 percent (up 1.6 percent)ADR: $169.85 (up 2.5 percent)RevPAR: $119.01 (up 4.2 percent) Among the Top 25 Markets, Tampa saw the largest occupancy lift (up 23.6 percent to