CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons

WASHINGTONU.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar’s latest data through March 23, 2024. U.S. Hotel Performance March 17-23, 2024 Percentage change from comparable week in 2023:Occupancy: 65.3 percent (up 0.7 percent)ADR: $162.28 (up 2.5 percent)RevPAR: $106.01 (up 3.2 percent) Among the Top 25 Markets, New Orleans reported the largest year-over-year increase in occupancy (up 13.6 percent to 75.5 percent). Las Vegas posted the highest […] The post CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons appeared first on LODGING Magazine .