WASHINGTON—The U.S. lodge trade reported decrease efficiency outcomes month over month, based on January 2024 information from CoStar.
January 2024
Share change from January 2023:
Occupancy: 51.9 % (down 1.7 %)
ADR: $146.33 (up 2.7 %)
RevPAR: $75.99 (up 0.9 %)
Among the many High 25 Markets, Oahu Island skilled the very best occupancy degree (79.0 %), which was up 6.2 % yr over yr.
Markets with the bottom occupancy for the month included Minneapolis (40.7 %) and St. Louis (43.7 %).
The High 25 Markets confirmed increased occupancy and ADR than all different markets.
