<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=1GyWhO_0uzaY6s100" alt="https://img.particlenews.com/image.php?url=1GyWhO_0uzaY6s100" width="800" height="532" ></figure>The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 10 August.4-10 August 2024 (percentage change from comparable week in 2023):<ul><li>Occupancy: 68.7% (+0.5%)</li><li>Average daily rate (ADR): US$159.49 (+1.4%)</li><li>Revenue per available room (RevPAR): US$109.51 (+1.9%) </li></ul>Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+31.1% to 76.3%) and RevPAR (+47.2% to US$93.89). Chicago posted the largest lift in ADR (+13.8% to US$188.95). The steepest RevPAR declines were seen in Los Angeles (-12.2% to US$161.66) and Dallas (-11.3% to US$66.30).CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. For more information about the company and its products and services, please visit www.costargroup.com.</div></body>

Mountain View, CA

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U.S. Hotel Performance for Week Ending August 10th

The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through 10 August. 4-10 August 2024 (percentage change from comparable week in 2023):. Occupancy: 68.7% (+0.5%) Average daily rate (ADR): US$159.49 (+1.4%) Revenue per available room (RevPAR): US$109.51 (+1.9%) Among the Top 25 Markets,...