<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-30-march">STR: U.S. hotel results for week ending 30 March</a>
As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through 30 March.
<ul>
<li>Among the Top 25 Markets, New York City reported the largest year-over-year increases in each of the three key performance metrics: occupancy (+13.2% to 88.2%), ADR (+14.1% to US$285.98) and RevPAR (+29.1% to US$252.18).</li>
<li>The steepest RevPAR decline was seen in Houston (-22.3% to US$68.44) because of comparison to its NCAA Men’s Final Four host period last year.</li>
</ul>
24-30 March 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 62.3 (-5.6%)</li>
<li>Average daily rate (ADR): US$157.14 (-0.7%)</li>
<li>Revenue per available room (RevPAR): US$97.83 (-6.3%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-14-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2099" height="1014">

This week in Hospitality & Tourism #14 2024