Due to the Thanksgiving calendar shift, the U.S. hotel industry reported lower year-over-year (YOY) performance comparisons, according to CoStar’s latest data through Nov. 30.
Nov. 24-30 (percentage change from comparable week in 2023):
Occupancy: 50.0% (-7.7%)
ADR: $141.09 (-3.0%)
RevPAR: $70.59 (-10.5%)
Among the top 25 markets, Tampa reported the largest YOY increases in occupancy (+13.2% to 69.0%) and RevPAR (+22.6% to $106.16).
Oahu posted the highest ADR lift (+12.8% to $286.39).
Overall, 19 of the top 25 markets reported a decline in RevPAR, with Las Vegas registering the steepest drop (-56.0% to $86.03).
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