by Calculated Danger on 11/17/2024 08:57:00 AM
As projected for election week, the U.S. resort business reported destructive year-over-year efficiency comparisons, based on CoStar’s newest information by means of 9 November. …
3-9 November 2024 (share change from comparable week in 2023):
• Occupancy: 62.6% (-3.5%)
• Common each day fee (ADR): US$156.11 (-0.1%)
• Income per obtainable room (RevPAR): US$97.73 (-3.5%)
emphasis added
The next graph reveals the seasonal sample for the resort occupancy fee utilizing the four-week common.
The pink line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the report yr for resort occupancy.Â
Observe: Y-axis does not begin at zero to higher present the seasonal change.
The 4-week common of the occupancy fee has peaked for the autumn enterprise journey season and can decline seasonally by means of the vacations.
