U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 20 April.
14-20 April 2024 (percentage change from comparable week in 2023):
- Occupancy: 66.8% (-0.3%)
- Average daily rate (ADR): US$158.60 (+1.5%)
- Revenue per available room (RevPAR): US$105.94 (+1.2%)
Among the Top 25 Markets, Philadelphia reported the largest year-over-year increases in occupancy (+14.3% to 72.1%) and RevPAR (+23.2% to US$114.11).
