<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-26-october">STR: U.S. hotel results for week ending 26 October</a>
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 26 October.
<ul>
<li>Among the Top 25 Markets, Tampa saw the largest occupancy lift (+28.1% to 84.2%), due to continued displacement demand from Hurricane Milton.</li>
<li>New Orleans saw the highest increases in ADR (+64.1% to US$301.30) and RevPAR (+77.6% to US$227.24). The market’s performance was driven by Taylor Swift’s Eras Tour.</li>
<li>The steepest RevPAR declines were seen in Las Vegas (-7.9% to US$196.40) and Minneapolis (-6.5% to US$86.31).</li>
</ul>
20-26 Oct 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 69.0 (+4.5%)</li>
<li>Average daily rate (ADR): US$168.69 (+4.6%)</li>
<li>Revenue per available room (RevPAR): US$116.32 (+9.3%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-44-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #44 2024