WASHINGTON—U.S. resort efficiency confirmed blended outcomes over the earlier week, in response to CoStar’s newest knowledge by Feb. 24, 2024.
U.S. Resort Efficiency
February 18-24, 2024
Share change from comparable week in 2023:
Occupancy: 62.0 p.c (down 3.3 p.c)
ADR: $156.62 (up 0.3 p.c)
RevPAR: $97.12 (down 2.9 p.c)
Among the many Prime 25 Markets, Minneapolis reported the biggest year-over-year occupancy improve (up 4.5 p.c to 47.8 p.c).
Las Vegas (up 7.5 p.c to $203.52) and Oahu Island (up 7.5 p.c to $303.54) matched for the very best ADR progress.
The steepest RevPAR declines had been seen in New Orleans (down 22.1 p.c to $128.09) and Nashville (down 20.2 p.c to $104.30). The Mardi Gras calendar shift affected New Orleans’ efficiency.