No menu items!

    Occupancy Fee Decreased 1.7% Yr-over-year

    Date:

    Share post:

    by Calculated Threat on 9/20/2024 09:01:00 AM

    The U.S. resort business reported largely destructive year-over-year comparisons, based on CoStar’s newest knowledge by means of 14 September. …

    8-14 September 2024 (proportion change from comparable week in 2023):

    • Occupancy: 66.6% (-1.7%)
    • Common each day charge (ADR): US$162.05 (+0.2%)
    • Income per out there room (RevPAR): US$107.86 (-1.4%)
    emphasis added

    The next graph reveals the seasonal sample for the resort occupancy charge utilizing the four-week common.

    Click on on graph for bigger picture.

    The purple 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 resort occupancy. 

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

    Word: Y-axis would not begin at zero to raised present the seasonal change.

    The 4-week common of the occupancy charge will improve over the following a number of throughout the fall enterprise journey season.

    Related articles

    Javier Milei’s quest to defuse Argentina’s forex management bomb

    Argentina’s President Javier Milei is promising to elevate the nation’s strict capital and forex controls this 12 months,...

    Calculated Threat: Friday: Employment Report

    by Calculated Threat on 2/06/2025 07:48:00 PM Observe: Mortgage charges are from MortgageNewsDaily.com and are for prime tier...

    The world’s exporters seek for new clients if Trump cuts off commerce

    Unlock the Editor’s Digest at no costRoula Khalaf, Editor of the FT, selects her favorite tales on this...

    ‘Neutral’ charge not driving financial coverage, say ECB officers

    Unlock the Editor’s Digest without costRoula Khalaf, Editor of the FT, selects her favorite tales on this weekly...