No menu items!

    Occupancy Price Decreased 3.5% Yr-over-year

    Date:

    Share post:

    by Calculated Threat on 11/24/2024 08:21:00 AM

    Because of the Veteran’s Day calendar shift, the U.S. resort trade reported combined year-over-year efficiency comparisons, in response to CoStar’s newest information by 16 November. …

    10-16 November 2024 (proportion change from comparable week in 2023):

    Occupancy: 63.3% (+1.5%)
    • Common every day charge (ADR): US$154.96 (-1.1%)
    • Income per out there room (RevPAR): US$98.11 (+0.4%)
    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 gentle blue is for 2023.  Dashed purple is for 2018, the document yr for resort occupancy. 

    The 4-week common of the occupancy charge is above each final yr and the median charge for the interval 2000 by 2023 (Blue) – and can seemingly end largely unchanged year-over-year.

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

    The 4-week common of the occupancy charge has peaked for the autumn enterprise journey season and can decline seasonally by the vacations.

    Related articles

    US inflation unexpectedly will increase to three% in January

    Keep knowledgeable with free updatesMerely signal as much as the US inflation myFT Digest -- delivered on to...

    Ante-mutua portoriis EPU | Econbrowser

    …or I'm wondering how “reciprocal tariffs” will have an effect on financial coverage uncertainty measures. Determine 1: EPU (inexperienced,...

    Schedule for Week of February 9, 2025

    by Calculated Threat on 2/08/2025 08:11:00 AM The important thing reviews this week are January CPI and Retail gross...

    Sovereign Wealth Fund Coming Quickly

    By means of govt order, President Trump goals to implement a Sovereign Wealth Fund in america. A 90-day deadline...