by Calculated Threat on 6/11/2024 08:11:00 AM
On account of Memorial Day, the U.S. resort business reported decrease efficiency outcomes from the earlier week however barely optimistic comparisons 12 months over 12 months, in accordance with CoStar’s newest information via 1 June. …
26 Could via 1 June 2024 (share change from comparable week in 2023):
• Occupancy: 62.0% (+0.9%)
• Common every day fee (ADR): US$150.87 (+0.1%)
• Income per obtainable room (RevPAR): US$93.50 (+1.0%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy fee 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 12 months for resort occupancy.Â
Observe: Y-axis does not begin at zero to higher present the seasonal change.
The 4-week common of the occupancy fee will now enhance seasonally with the summer time journey season.