by Calculated Danger on 12/30/2024 06:19:00 PM
The U.S. lodge business reported constructive year-over-year efficiency comparisons, based on CoStar’s newest knowledge by way of 21 December. …
Progress was elevated because of the Hannukah calendar shift in addition to 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.
15-21 December 2024 (proportion change from comparable week in 2023):
• Occupancy: 48.9% (+11.4%)
• Common every day charge (ADR): US$135.79 (+2.7%)
• Income per out there room (RevPAR): US$66.36 (+14.3%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy charge utilizing the four-week common.
The pink line is for 2024, blue is the median, and dashed mild blue is for 2023. Dashed purple is for 2018, the report 12 months for lodge occupancy.Â
Notice: Y-axis would not begin at zero to raised present the seasonal change.
The 4-week common will decline seasonally by way of the vacations.  This can be a stable end for 2024!
