WASHINGTON—Due to the Thanksgiving calendar shift, the U.S. hotel industry reported higher year-over-year performance comparisons, according to CoStar’s latest data through Nov. 23, 2024.
U.S. Hotel Performance | |
November 17-23, 2024 | |
Percentage change from comparable week in 2023 | |
Occupancy | 59.7 percent (up 20.7 percent) |
ADR | $150.49 (up 8.6 percent) |
RevPAR | $89.80 (up 31.1 percent) |
Among the Top 25 Markets, Seattle reported the largest year-over-year occupancy increase (up 62.9 percent to 76.7 percent).
Chicago posted the highest lifts in ADR (up 43.8 percent to $181.36) and RevPAR (up 113.7 percent to $127.91).
Oahu was the only market to register a RevPAR decline (down 22.7 percent to $176.10).