by Calculated Threat on 10/25/2024 08:22:00 AM
The U.S. resort trade reported constructive year-over-year comparisons, in keeping with CoStar’s newest knowledge via 19 October. …
13-19 October 2024 (proportion change from comparable week in 2023):
• Occupancy: 70.1% (+1.6)
• Common day by day price (ADR): US$169.85 (+2.5%)
• Income per obtainable room (RevPAR): US$119.01 (+4.2%)
emphasis added
The next graph reveals the seasonal sample for the resort occupancy price utilizing the four-week common.
The crimson 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.Â
Observe: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price is close to the height for the autumn enterprise journey season, after which will decline through the holidays.
