U.S. resort efficiency declined barely from the earlier week however confirmed improved comparisons 12 months over 12 months, in line with CoStar’s newest information by way of 29 July. CoStar is a number one supplier of on-line actual property marketplaces, data and analytics within the property markets.
23-29 July 2023 (proportion change from comparable week in 2022):
- Occupancy: 72.2% (+0.6%)
- Common day by day price (ADR): US$161.83 (+2.3%)
- Income per accessible room (RevPAR): US$116.91 (+2.9%)
Among the many High 25 Markets, St. Louis noticed the most important year-over-year will increase in occupancy (+17.4% to 73.6%) and RevPAR (+43.6% to US$105.50).
Nashville reported the most important achieve in ADR (+22.4% to US$210.31).
The steepest RevPAR declines had been seen in Miami (-14.6% to US$121.58) and San Francisco (-10.5% to US$149.88).
For extra details about the corporate and its services and products, please go to www.costargroup.com.
About STR
STR supplies premium information benchmarking, analytics and market insights for the worldwide hospitality trade. Based in 1985, STR maintains a presence in 15 nations with a North American headquarters in Hendersonville, Tennessee, a world headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a number one supplier of on-line actual property marketplaces, data and analytics within the industrial and residential property markets. For extra data, please go to str.com and costargroup.com.
