WASHINGTON – U.S. resort efficiency elevated from the earlier week, in accordance with CoStar’s newest knowledge by means of 9 December. CoStar is a number one supplier of on-line actual property marketplaces, info and analytics within the property markets.
3-9 December 2023 (share change from comparable week in 2022):
- Occupancy: 58.7% (-1.1%)
- Common day by day charge (ADR): US$153.36 (+4.5%)
- Income per out there room (RevPAR): US$89.98 (+3.3%)
Among the many Prime 25 Markets, Boston
noticed the most important year-over-year occupancy enhance (+14.1% to 72.7%).
Helped by Miami Artwork Week and Artwork Basel, Miami reported the most important lifts in ADR (+48.8% to US$314.55) and RevPAR (+67.0% to US$262.16).
The steepest RevPAR declines had been seen in New Orleans (-26.8% to US$97.72) and Philadelphia (-20.3% to US$84.24).
For extra details about the corporate and its services and products, please go to www.costargroup.com.
Further Efficiency Knowledge
CoStar’s world-leading resort efficiency pattern contains 78,000 properties and 10.3 million rooms across the globe. Members of the media ought to consult with the contacts listed under for extra knowledge requests.
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a number one supplier of on-line actual property marketplaces, info, and analytics within the property markets. Based in 1987, CoStar Group conducts expansive, ongoing analysis to supply and preserve the most important and most complete database of actual property info. CoStar is the worldwide chief in industrial actual property info, analytics, and information, enabling purchasers to investigate, interpret and acquire unmatched perception on property values, market circumstances and availabilities. Flats.com is the main on-line market for renters looking for nice residence properties, offering property managers and house owners a confirmed platform for advertising and marketing their properties. LoopNet is probably the most closely trafficked on-line industrial actual property market with over twelve million month-to-month world distinctive guests. STR gives premium knowledge benchmarking, analytics, and market insights for the worldwide hospitality trade. Ten-X provides a number one platform for conducting industrial actual property on-line auctions and negotiated bids. Properties.com is the quickest rising on-line residential market that connects brokers, consumers, and sellers. BureauxLocaux is without doubt one of the largest specialised property portals for getting and leasing industrial actual property in France. Enterprise Immo is France’s main industrial actual property information service. Thomas Every day is Germany’s largest on-line knowledge pool in the actual property trade. Belbex is the premier supply of economic house out there to let and on the market in Spain. CoStar Group’s web sites entice over 160 million distinctive month-to-month guests. Headquartered in Washington, DC, CoStar Group maintains places of work all through the U.S., Europe, Canada, and Asia. Once in a while, we plan to make the most of our company web site, CoStarGroup.com, as a channel of distribution for materials firm info. For extra info, go to CoStarGroup.com.
Haley Luther
Communications Supervisor
+1 (216) 278 0627
STR
