U.S. Hotel Industry Experiences Positive Growth in December; Tampa and New York City Lead the Pack
Oahu Island was the only major market to experience decreases in all three key metrics. Image Credit The Resort Group According to CoStar’s data for the week ending December 21, 2024, the U.S. hotel industry reported a year-over-year increase in occupancy, average daily rate (ADR), and revenue per available room (RevPAR). Tampa demonstrated […]
November reflects the attractiveness of the destination
On average for Europe compared with November 2023, the indicators are in the green. Total occupancy rate up by 1.4 points and average daily rates up by 1.6%. No upturn for the budget segment compared with other segments However, it is undoubtedly the top-end segment that is benefiting most from the influx of foreign customers, […]