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CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Jan. 11, 2024. Performance was impacted by shifts in Martin Luther King Jr. Day and group/conference calendars, as well as various weather events, including the Los Angeles fires and winter storm Cora. U.S. Hotel Performance January 5-11, 2025 Percentage change from comparable week in 2024 Occupancy: 49.2 percent (down 7.7 percent) ADR: $144.03 (down 5.9 percent) RevPAR: $70.92 (down 13.2 percent) […] The post CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Jan. 11, 2024. Performance was impacted by shifts in Martin Luther King Jr. Day and group/conference calendars, as well as various weather events, including the Los Angeles fires and winter storm Cora. U.S. Hotel Performance January 5-11, 2025 Percentage change from comparable week in 2024 Occupancy: 49.2 percent (down 7.7 percent) ADR: $144.03 (down 5.9 percent) RevPAR: $70.92 (down 13.2 percent) […]
The post CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance appeared first on LODGING Magazine.
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