<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-13-january">STR: U.S. hotel results for week ending 13 January</a>
U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 13 January.
<ul>
<li>Among the Top 25 Markets, Las Vegas saw the largest year-over-year increases in each of the three key performance metrics: occupancy (+29.0% to 79.8%), ADR (+77.3% to US$283.74) and RevPAR (+128.8% to US$226.34). The market’s performance was helped by the Consumer Electronics Show.</li>
<li>The steepest RevPAR declines were seen in Atlanta (-31.1% to US$64.34) and Los Angeles (-16.6% to US$112.60).</li>
</ul>
7-13 Jan 2024 (percentage change from comparable weeks in 2023, 2020):
<ul>
<li>Occupancy: 53.3 (-2.8%, -9.5%)</li>
<li>Average daily rate (ADR): US$152.17 (+6.3%, +17.4%)</li>
<li>Revenue per available room (RevPAR): US$71.28 (+3.3%, +6.2%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-03-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2099" height="1014">

This week in Hospitality & Tourism #3 2024