WASHINGTON — U.S. lodge efficiency decreased from the earlier week, whereas year-over-year comparisons remained blended, in line with CoStar’s newest information by way of 20 January. CoStar is a number one supplier of on-line actual property marketplaces, info and analytics within the property markets.
4-20 January 2024 (proportion change from comparable week in 2023):
- Occupancy: 52.2% (-3.8%)
- Common each day price (ADR): US$142.27 (+1.6%)
- Income per accessible room (RevPAR): US$74.31 (-2.2%)
Among the many High 25 Markets, Seattle noticed the most important year-over-year occupancy enhance (+9.6% to 54.1%).
Atlanta posted the best lifts in ADR (+14.3% to US$131.74) and RevPAR (+18.5% to US$81.76).
The steepest RevPAR declines had been seen in Las Vegas (-19.2% to US$108.97) and Nashville (-15.2% to US$68.59).
For extra details about the corporate and its services and products, please go to www.costargroup.com.
Further Efficiency Information
CoStar’s world-leading lodge efficiency pattern includes 81,000 properties and 10.5 million rooms across the globe. Members of the media ought to seek advice from the contacts listed under for extra information requests.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a number one supplier of on-line actual property marketplaces, info, and analytics within the property markets. Based in 1987, CoStar Group conducts expansive, ongoing analysis to supply and preserve the most important and most complete database of actual property info. CoStar is the worldwide chief in business actual property info, analytics, and information, enabling shoppers to research, interpret and achieve unmatched perception on property values, market circumstances and availabilities. Residences.com is the main on-line market for renters searching for nice condominium properties, offering property managers and house owners a confirmed platform for advertising and marketing their properties. LoopNet is essentially the most closely trafficked on-line business actual property market with over twelve million month-to-month world distinctive guests. STR supplies premium information benchmarking, analytics, and market insights for the worldwide hospitality business. Ten-X affords a number one platform for conducting business actual property on-line auctions and negotiated bids. Properties.com is the quickest rising on-line residential market that connects brokers, patrons, and sellers. BureauxLocaux is likely one of the largest specialised property portals for getting and leasing business actual property in France. Enterprise Immo is France’s main business actual property information service. Thomas Each day is Germany’s largest on-line information pool in the true property business. Belbex is the premier supply of economic house accessible to let and on the market in Spain. CoStar Group’s web sites entice over 160 million distinctive month-to-month guests. Headquartered in Washington, DC, CoStar Group maintains places of work all through the U.S., Europe, Canada, and Asia. On occasion, we plan to make the most of our company web site, CoStarGroup.com, as a channel of distribution for materials firm info. For extra info, go to CoStarGroup.com.
