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.
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.Â
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.