Occupancy Charge Decreased 0.1% 12 months-over-year

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by Calculated Danger on 6/14/2024 08:11:00 AM

The U.S. lodge trade reported greater efficiency outcomes from the earlier week however blended comparisons 12 months over 12 months, in accordance with CoStar’s newest knowledge by means of 8 June. …

2-8 June 2024 (proportion change from comparable week in 2023):

• Occupancy: 69.1% (-0.1%)
• Common every day fee (ADR): US$160.90 (+1.8%)
• Income per obtainable room (RevPAR): US$111.26 (+1.7%)
emphasis added

The next graph reveals the seasonal sample for the lodge occupancy fee utilizing the four-week common.

Click on on graph for bigger picture.

The purple line is for 2024, blue is the median, and dashed gentle blue is for 2023.  Dashed purple is for 2018, the document 12 months for lodge occupancy. 

The 4-week common of the occupancy fee is monitoring final 12 months and is barely above the median fee for the interval 2000 by means of 2023 (Blue).

Notice: Y-axis would not begin at zero to higher present the seasonal change.

The 4-week common of the occupancy fee will now enhance seasonally with the summer season journey season.

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