WASHINGTON—U.S. resort efficiency elevated from the earlier week, whereas year-over-year comparisons remained combined, in keeping with CoStar’s newest knowledge by means of Feb. 10, 2024.
U.S. Lodge Efficiency
February 4-10, 2024
Proportion change from the comparable week in 2023:
Occupancy: 56.2 p.c (down 2.7 p.c)
ADR: $160.96 (up 6.8 p.c)
RevPAR: $90.40 (up 3.9 p.c)
Among the many Prime 25 Markets, Oahu Island noticed the most important improve in occupancy (up 8.0 p.c to 82.9 p.c).
In its Tremendous Bowl host week, Las Vegas reported the best jumps in ADR (up 126.1 p.c to $445.05) and RevPAR (up 139.9 p.c to $335.61). Weekly occupancy grew 6.1 p.c to 75.4 p.c. On Friday and Saturday nights, Las Vegas’ occupancy topped 80 p.c, and ADR ballooned to greater than $700.
Though Phoenix hosted the WM Open, the market reported the steepest RevPAR decline (down 33.9 p.c to $198.13) due to its comparability to its Tremendous Bowl host interval final 12 months.
