<ul>
<li>
<a href="https://str.com/press-release/us-hotel-results-week-ending-16-november">STR: U.S. hotel results for week ending 16 November</a>
Due to the Veteran's Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar's latest data through 16 November.
<ul>
<li>Among the Top 25 Markets, Tampa saw the largest increases across each of the three key performance metrics: occupancy (+30.3% to 87.2%), ADR (+17.4% to US$176.73) and RevPAR (+52.9% to US$154.16). The market's performance was due to continued displacement demand from Hurricane Milton.</li>
<li>The steepest RevPAR declines were seen in Las Vegas (-47.1% to US$136.28) and San Francisco (-27.8% to US$139.74). Las Vegas' performance was impacted by the Formula 1 calendar shift.</li>
</ul>
10-16 Nov 2024 (percentage change from comparable weeks in 2023):
<ul>
<li>Occupancy: 63.3 (+1.5%)</li>
<li>Average daily rate (ADR): US$154.96 (-1.1%)</li>
<li>Revenue per available room (RevPAR): US$98.11 (+0.4%)</li>
</ul>
</li>
</ul>
<img src="/images/blogimages/2024-week-47-occupancy.svg" alt="STR Occupancy &#x26; ADR" width="2106" height="1095">

This week in Hospitality & Tourism #47 2024