<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-7-september">STR: U.S. hotel results for week ending 7 September</a>
The U.S. hotel industry reported lower performance results than the previous week, according to CoStar’s latest data through 7 September.
<ul>
<li>Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+8.0% to 57.1%) and RevPAR (+18.5% to US$65.62).</li>
<li>Two markets matched for the largest ADR lift: Houston (+9.7% to US$115.02) and Detroit (+9.7% to US$129.21).</li>
<li>The steepest RevPAR declines were seen in Las Vegas (-18.6% to US$106.24) and Boston (-18.3% to US$151.11).</li>
</ul>
1-7 September 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 57.8 (-4.2%)</li>
<li>Average daily rate (ADR): US$149.67 (-1.0%)</li>
<li>Revenue per available room (RevPAR): US$86.48 (-5.2%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-37-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #37 2024