U.S. hotel results for week ending 28 December
The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through 28 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
WASHINGTON -- The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through 28 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
22-28 December 2024 (percentage change from comparable week in 2023):
- Occupancy: 47.7% (-4.9%)
- Average daily rate (ADR): US$160.96 (-1.7%)
- Revenue per available room (RevPAR): US$76.83 (-6.5%)
Among the Top 25 Markets, Tampa reported the only double-digit increases in occupancy (+16.3% to 74.0%) and RevPAR (+22.6% to US$124.36).
Houston posted the highest ADR lift (+5.6% to US$97.82).
The steepest RevPAR declines were reported in Nashville (-35.6% to US$51.68) and Atlanta (-21.7% to US$40.05).
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises 85,000 properties and 11 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
Media Contact
Haley Luther
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