by Calculated Danger on 6/14/2024 08:11:00 AM
The U.S. lodge business reported increased efficiency outcomes from the earlier week however combined comparisons yr over yr, in keeping with CoStar’s newest information by way of 8 June. …
2-8 June 2024 (share change from comparable week in 2023):
• Occupancy: 69.1% (-0.1%)
• Common each day price (ADR): US$160.90 (+1.8%)
• Income per out there room (RevPAR): US$111.26 (+1.7%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy price 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 yr for lodge occupancy.Â
Notice: Y-axis does not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price will now enhance seasonally with the summer season journey season.
