According to the American Hotel Industry Association, there were negative comparisons between years. CoStarThe latest data for the period ending 19 July. CoStar, a leading online provider of information and analytics on the real estate markets, is an industry leader in providing online real estate marketplaces.
13-19 July 2020 (percentage difference from the comparable week in 2024).
- Occupancy: 71.6% (-2.6%)
- Average daily Rate (ADR) : US$165.49 (0.7%).
- Revenue per available room (RevPAR): US$118.54 (-3.3%)
Top 25 Markets San Francisco
The highest occupancy increase (+7.8% – 77.2%) was reported by the hotel.
Houston In each of the key performance metrics, occupancy dropped the most (-27.6% from 59.6%), followed by ADR (-14.7% from US$115.94), then RevPAR (-38% to US$69.07). These decreases can be attributed to the high demand for accommodation following Hurricane Beryl.
Las Vegas Compared to the previous year, occupancy dropped by -11.9% (to 74.4%) and RevPAR fell by -17.1% (to US$142.62).
Please visit the website to learn more about this company and its services and products. costargroup.com.
