by Calculated Danger on 10/25/2024 08:22:00 AM
The U.S. resort trade reported constructive year-over-year comparisons, in line with CoStar’s newest knowledge by means of 19 October. …
13-19 October 2024 (share change from comparable week in 2023):
• Occupancy: 70.1% (+1.6)
• Common every day price (ADR): US$169.85 (+2.5%)
• Income per out there room (RevPAR): US$119.01 (+4.2%)
emphasis added
The next graph exhibits the seasonal sample for the resort occupancy price utilizing the four-week common.
The crimson line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the document yr for resort occupancy.Â
Notice: Y-axis does not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price is close to the height for the autumn enterprise journey season, after which will decline throughout the holidays.
