U.S. Lodge Efficiency for Week Ending 18th November, 2023

U.S. lodge efficiency confirmed blended year-over-year comparisons, based on CoStar’s newest information by way of 18 November.
12-18 November 2023 (share change from comparable week in 2022)

• Occupancy: 62.4% (-0.6%)
• Common every day fee (ADR): US$156.47 (+7.0%)
• Income per accessible room (RevPAR): US$97.61 (+6.3%)

Among the many High 25 Markets, Boston noticed the most important year-over-year occupancy raise (+11.0% to 77.2%).

Helped by the Formulation 1 Las Vegas Grand Prix, Las Vegas posted the most important will increase in ADR (+81.9% to US$350.57) and RevPAR (+58.9% to US$249.29). Regardless of the occasion, the market reported the steepest occupancy decline (-12.7% to 71.1%).

The steepest RevPAR declines had been seen in Tampa (-10.4% to US$100.58) and San Diego (-8.1% to US$128.12).

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