The U.S. hotel industry reported mostly negative year-over-year comparisons for the week ending Sept. 13, according to data from CoStar.
Sept, 7-13 (percentage change from comparable week in 2024):
Occupancy: 65.4% (-1.8%)
ADR: $162.71 (+0.1%)
RevPAR: $106.43 (-1.7%)
Among the top 25 markets, Anaheim registered the steepest decreases across each of the three key performance metrics: occupancy (-15.4% to 70.6%), ADR (-10.5% to $212.16) and RevPAR (-24.2% to $149.80). The market’s declines were due to a comparison against the dates of RE+ 24.
Washington, DC, saw the second-largest performance drops: occupancy (-11.7% to 67.8%), ADR (-7.4% to $198.85) and RevPAR (-18.3% to $134.77).
Overall, 16 of the top 25 markets reported a decline in occupancy.
The post U.S. hotel results for week ending Sept. 13 appeared first on hotelbusiness.com.
Source: hotelbusiness.com
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