<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-2-november">STR: U.S. hotel results for week ending 2 November</a>
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 2 November.
<ul>
<li>Among the Top 25 Markets, Tampa saw the largest occupancy lift (+34.7% to 80.5%), due to continued displacement demand from Hurricane Milton.</li>
<li>New Orleans saw the highest increases in ADR (+27.7% to US$222.51) and RevPAR (+53.3% to US$169.73). The market’s performance was driven by Taylor Swift’s Eras Tour and the Annual ANCC Magnet and Pathway to Excellence Conference.</li>
<li>The steepest RevPAR declines were seen in Las Vegas (-28.8% to US$151.47) and San Francisco (-14.9% to US$123.16).</li>
</ul>
27 Oct - 2 Nov 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 60.8 (+1.9%)</li>
<li>Average daily rate (ADR): US$154.99 (+1.2%)</li>
<li>Revenue per available room (RevPAR): US$94.22 (+3.1%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-45-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1059">

This week in Hospitality & Tourism #45 2024