<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-28-september">STR: U.S. hotel results for week ending 28 September</a>
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 28 September.
<ul>
<li>Among the Top 25 Markets, New York City saw the highest year-over-year increases in each of the key performance metrics: occupancy (+11.4% to 93.2%), ADR (+52.8% to US$523.69) and RevPAR (+70.1% to US$488.32). The market’s performance was driven by the United Nations General Assembly.</li>
<li>The steepest RevPAR declines were seen in San Francisco (-17.6% to US$177.81) and Nashville (-5.5% to US$136.06).</li>
</ul>
22-28 September 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 68.4 (+2.6%)</li>
<li>Average daily rate (ADR): US$170.24 (+7.5%)</li>
<li>Revenue per available room (RevPAR): US$116.50 (+10.2%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-40-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #40 2024