STR: U.S. hotel results for week ending 20 January

U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 20 January.

• Among the Top 25 Markets, Seattle saw the largest year-over-year occupancy increase (+9.6% to 54.1%).
• Atlanta posted the highest lifts in ADR (+14.3% to US$131.74) and RevPAR (+18.5% to US$81.76).
• The steepest RevPAR declines were seen in Las Vegas (-19.2% to US$108.97) and Nashville (-15.2% to US$68.59).

14-20 Jan 2024 (percentage change from comparable weeks in 2023, 2020):

• Occupancy: 52.2 (-3.8%, -9.7%)
• Average daily rate (ADR): US$142.27 (+1.6%, +13.8%)
• Revenue per available room (RevPAR): US$74.31 (-2.2%, +2.9%)