by Calculated Danger on 11/24/2024 08:21:00 AM
As a result of Veteran’s Day calendar shift, the U.S. lodge trade reported blended year-over-year efficiency comparisons, in response to CoStar’s newest knowledge by means of 16 November. …
10-16 November 2024 (share change from comparable week in 2023):
• Occupancy: 63.3% (+1.5%)
• Common day by day price (ADR): US$154.96 (-1.1%)
• Income per accessible room (RevPAR): US$98.11 (+0.4%)
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 report yr for lodge occupancy.Â
Notice: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price has peaked for the autumn enterprise journey season and can decline seasonally by means of the vacations.
