Occupancy Fee Elevated 1.9% 12 months-over-year

Date:

Share post:

by Calculated Threat on 11/08/2024 02:11:00 PM

The U.S. resort business reported optimistic year-over-year comparisons, in keeping with CoStar’s newest knowledge via 19 October. …

27 October via 2 November 2024 (proportion change from comparable week in 2023):

• Occupancy: 60.8% (+1.9%)
• Common each day price (ADR): US$154.99 (+1.2%)
• Income per obtainable room (RevPAR): US$94.22 (+3.1%)
emphasis added

The next graph exhibits the seasonal sample for the resort occupancy price utilizing the four-week common.

Click on on graph for bigger picture.

The purple line is for 2024, blue is the median, and dashed mild blue is for 2023.  Dashed purple is for 2018, the file yr for resort occupancy. 

The 4-week common of the occupancy price is above each final yr and the median price for the interval 2000 via 2023 (Blue) – and ending the yr robust!

Be aware: Y-axis would not begin at zero to higher present the seasonal change.

The 4-week common of the occupancy price has peaked for the autumn enterprise journey season and can decline seasonally via the vacations.

Related articles

Donald Trump’s victory alerts finish of US-led postwar order

The western-led multilateral world order that flourished after the top of the chilly warfare and embodied a extra...

Calculated Threat: November eighth COVID Replace: Deaths Continues to Decline

by Calculated Threat on 11/08/2024 07:02:00 PM Observe: Mortgage charges are from MortgageNewsDaily.com and are for prime tier eventualities.For...

Donald Trump asks arch protectionist Robert Lighthizer to run US commerce coverage

Unlock the White Home Watch e-newsletter free of chargeYour information to what the 2024 US election means for...

Canada braces for second Donald Trump presidency

Donald Trump’s emphatic victory within the US presidential election has brought on jitters north of the border in...