-
Among the Top 25 Markets, Tampa saw the highest year-over-year occupancy lift (+15.2% to 61.7%).
The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 31 August.
25-31 August 2024 (percentage change from comparable week in 2023):
- Occupancy: 63.9% (+1.9%)
- Average daily rate (ADR): US$153.67 (+1.6%)
- Revenue per available room (RevPAR): US$98.18 (+3.6%)
Among the Top 25 Markets, Tampa saw the highest year-over-year occupancy lift (+15.2% to 61.7%).
Seattle posted the largest increase in ADR (+12.5% to US$218.08).
The steepest RevPAR declines were seen in San Francisco (-22.2% to US$122.95) and Oahu Island (-10.3% to US$194.51).
CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. For more information about the company and its products and services, please visit www.costargroup.com.
Please visit our sponsor:
Our Sponsor