<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-6-july">STR: U.S. hotel results for week ending 6 July</a>
Due to the Fourth of July, the U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through 6 July.
<ul>
<li>Among the Top 25 Markets, New Orleans saw the highest year-over-year increases in each of the three key performance metrics: occupancy (+15.5% to 56.6%), ADR (+35.1% to US$197.23) and RevPAR (+56.1% to US$111.72).</li>
<li>The steepest RevPAR declines were seen in St. Louis (-25.4% to US$58.65) and Tampa (-13.5% to US$100.65).</li>
</ul>
30 June - 6 July 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 61.30 (-0.9%)</li>
<li>Average daily rate (ADR): US$157.27 (+0.5%)</li>
<li>Revenue per available room (RevPAR): US$96.35 (-0.4%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-28-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #28 2024