WASHINGTON, DC—The U.S. resort trade reported optimistic year-over-year efficiency comparisons, in accordance with CoStar’s newest knowledge via Dec. 14. CoStar is a number one supplier of on-line actual property marketplaces, info, and analytics within the property markets.
Development was elevated as a result of Hannukah calendar shift in addition to the compressed enterprise journey interval between Thanksgiving and Christmas.
Dec. 8-14, 2024 (proportion change from comparable week in 2023):
- Occupancy: 59.5 p.c (+8.5 p.c)
- Common day by day price (ADR): US$155.21 (+8.9 p.c)
- Income per accessible room (RevPAR): US$92.32 (+18.2 p.c)
Among the many High 25 Markets, Tampa reported the most important year-over-year occupancy enhance (+33.3 p.c to 84.7 p.c).
New York Metropolis posted the best ADR carry (+30.1 p.c to US$510.13).
Washington, D.C., registered the most important bounce in RevPAR (+67.6 p.c to US$151.18), whereas San Francisco noticed the one decline within the metric (-16.4 p.c to US$131.08). The American Geophysical Union annual assembly shifted from San Francisco in 2023 to Washington, D.C., in 2024, which impacted efficiency.
