U.S. Resort Efficiency for Week Ending February seventeenth

U.S. resort efficiency confirmed blended outcomes over the earlier week, based on CoStar’s newest knowledge by means of 24 February.
 
18-24 February 2024 (share change from comparable week in 2023):

• Occupancy: 62.0% (-3.3%)
• Common day by day charge (ADR): US$156.62 (+0.3%)
• Income per obtainable room (RevPAR): US$97.12 (-2.9%)   

Among the many High 25 Markets, Minneapolis reported the most important year-over-year occupancy enhance (+4.5% to 47.8%). 

Las Vegas (+7.5% to US$203.52) and Oahu Island (+7.5% to US$303.54) matched for the best ADR development.  

The steepest RevPAR declines have been seen in New Orleans (-22.1% to US$128.09) and Nashville (-20.2% to US$104.30). The Mardi Gras calendar shift affected New Orleans’ efficiency.

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