<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-24-august">STR: U.S. hotel results for week ending 24 August</a>
The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 24 August.
<ul>
<li>Among the Top 25 Markets, Houston saw the highest year-over-year occupancy lift (+31.7% to 76.1%).</li>
<li>Driven by the Democratic National Convention, Chicago posted the largest increases in ADR (+41.8% to US$215.60) and RevPAR (+51.1% to US$156.32). The market’s occupancy rose 6.5% to 72.5%.</li>
<li>The steepest RevPAR declines were seen in Las Vegas (-14.2% to US$112.09) and Nashville (-11.3% to US$96.11).</li>
</ul>
18-24 August 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 66.1 (+1.7%)</li>
<li>Average daily rate (ADR): US$154.80 (+2.7%)</li>
<li>Revenue per available room (RevPAR): US$102.30 (+4.5%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-35-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #35 2024