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Among the many Prime 25 Markets, Seattle reported the most important year-over-year occupancy improve (+12.1% to 66.5%).
U.S. lodge efficiency was principally optimistic 12 months over 12 months, in line with CoStar’s newest knowledge by means of 2 March.
25 February by means of 2 March 2024 (proportion change from comparable week in 2023):
- Occupancy: 62.5% (-0.3%)
- Common every day fee (ADR): US$155.29 (+2.7%)
- Income per out there room (RevPAR): US$97.12 (+2.4%)
Among the many Prime 25 Markets, Seattle reported the most important year-over-year occupancy improve (+12.1% to 66.5%).
Las Vegas, helped by the NAHB Worldwide Builders’ Present, posted the best progress in ADR (+25.4% to US$249.30) and RevPAR (+36.5% to US$217.82)
The steepest RevPAR declines had been seen in Detroit (-9.8% to US$66.13) and St. Louis (-8.3% to US$62.56).
CoStar is a number one supplier of on-line actual property marketplaces, info and analytics within the property markets. For extra details about the corporate and its services and products, please go to www.costargroup.com.
