U.S. Lodge Efficiency for Week Ending February tenth

U.S. resort efficiency elevated from the earlier week, whereas year-over-year comparisons remained blended, based on CoStar’s newest information by means of 10 February.

U.S. resort efficiency elevated from the earlier week, whereas year-over-year comparisons remained blended, based on CoStar’s newest information by means of 10 February.

4-10 February 2024 (share change from comparable week in 2023):

• Occupancy: 56.2% (-2.7%)
• Common every day price (ADR): US$160.96 (+6.8%)
• Income per accessible room (RevPAR): US$90.40 (+3.9%)

Among the many Prime 25 Markets, Oahu Island noticed the most important enhance in occupancy (+8.0% to 82.9%).

In its Tremendous Bowl host week, Las Vegas reported the best jumps in ADR (+126.1% to US$445.05) and RevPAR (+139.9% to US$335.61). Weekly occupancy grew 6.1% to 75.4%. On Friday and Saturday nights, Las Vegas’ occupancy topped 80%, and ADR ballooned to greater than US$700.

Though Phoenix hosted the WM Open, the market reported the steepest RevPAR decline (-33.9% to US$198.13) due to comparability to its Tremendous Bowl host interval final yr.  

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