WASHINGTON—The U.S. lodge trade reported optimistic year-over-year efficiency comparisons, in response to CoStar’s newest information by Dec. 21, 2024. Development was elevated as a result of Hannukah calendar shift and the compressed enterprise journey interval between Thanksgiving and Christmas. As anticipated, precise ranges had been considerably decrease than the prior week due to the seasonal slowdown.
| U.S Resort Efficiency |
| December 15-21, 2024 |
| Proportion change from comparable week in 2023 |
| Occupancy: 48.9 p.c (up 11.4 p.c) |
| ADR: $135.79 (up 2.7 p.c) |
| RevPAR: $66.36 (up 14.3 p.c) |
Among the many High 25 Markets, Tampa reported the most important year-over-year will increase in occupancy (up 37.9 p.c to 71.5 p.c) and RevPAR (up 63.8 p.c to $110.51). The market has been among the many nationwide efficiency progress leaders in latest months due partly to hurricane restoration demand.
New York Metropolis as soon as once more reported the very best ADR elevate (up 20.1 p.c to $351.39).
Oahu Island was the one main market with decreases in every of the three key metrics: occupancy (down 4.0 p.c to 66.4 p.c), ADR (down 16.7 p.c to $259.60), and RevPAR (down 20.0 p.c to $172.27).
