U.S. Lodge Efficiency for Week Ending January twenty seventh

U.S. resort efficiency elevated from the earlier week, whereas year-over-year comparisons remained combined, in response to CoStar’s newest information via 27 January.
 
21-27 January 2024 (share change from comparable week in 2023):

• Occupancy: 56.2% (-0.3%)
• Common every day fee (ADR): US$149.76 (+5.1%)
• Income per obtainable room (RevPAR): US$84.13 (+4.8%) 

Among the many Prime 25 Markets, Las Vegas noticed the most important year-over-year will increase in every of the three key efficiency metrics: occupancy (+28.9% to 83.4%), ADR (+46.3% to US$228.37) and RevPAR (+88.5% to US$190.42). The market’s efficiency was pushed by the SHOT Present and World of Concrete. 

Helped by the AHR Expo, Chicago reported the second-highest jumps in occupancy (+25.5% to 56.8%), ADR (+21.2% to US$140.49) and RevPAR (+52.1% to US$79.74). 

The steepest RevPAR declines had been seen in Atlanta (-17.6% to US$75.46) and Dallas (-13.4% to US$84.06).

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