Occupancy Rate Decreased 1.4% Year-over-year
by Calculated Risk on 3/22/2024 08:21:00 AM U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March. 10-16 March 2024 (percentage change from comparable week in 2023): • Occupancy: 66.5% (-1.4%)• Average daily rate (ADR): US$163.21 (-2.1%)• Revenue per available room (RevPAR):
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