Occupancy Fee Elevated 0.8% 12 months-over-year

by Calculated Danger on 11/19/2023 08:31:00 AM

U.S. resort efficiency elevated from the earlier week and confirmed optimistic year-over-year comparisons, in response to CoStar’s newest knowledge by way of 11 November.

5-11 November 2023 (share change from comparable week in 2022):

Occupancy: 64.8% (+0.8%)
• Common day by day fee (ADR): US$156.01 (+4.0%)
• Income per out there room (RevPAR): US$101.13 (+4.9%)
emphasis added

The next graph reveals the seasonal sample for the resort occupancy fee utilizing the four-week common.

Hotel Occupancy RateClick on on graph for bigger picture.

The purple line is for 2023, black is 2020, blue is the median, and dashed gentle blue is for 2022.  Dashed purple is for 2018, the report 12 months for resort occupancy. 

The 4-week common of the occupancy fee is monitoring near final 12 months, and above the median fee for the interval 2000 by way of 2022 (Blue).

Be aware: Y-axis would not begin at zero to higher present the seasonal change.

The 4-week common of the occupancy fee will decline seasonally for the subsequent couple of months. 

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