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WASHINGTON – The U.S. lodge trade reported greater efficiency outcomes from the earlier month, in accordance with September 2023 from CoStar. CoStar is a number one supplier of on-line actual property marketplaces, info and analytics within the property markets.
September 2023 (share change from September 2022):
- Occupancy: 66.2% (-0.5%)
- Common day by day charge (ADR): US$160.18 (+3.5%)
- Income per accessible room (RevPAR): US$106.07 (+2.9%)
Among the many Prime 25 Markets, New York Metropolis skilled the best occupancy stage (87.6%), which was up 1.6% yr over yr.
Markets with the bottom occupancy for the month included New Orleans (53.0%) and Houston (59.5%).
The Prime 25 Markets confirmed greater occupancy and ADR than all different markets.
For extra details about the corporate and its services, please go to www.costargroup.com.
Extra Efficiency Information: CoStar’s world-leading lodge efficiency pattern includes 78,000 properties and 10.3 million rooms across the globe. Members of the media ought to discuss with the contacts listed under for added information requests.
About STR
STR supplies premium information benchmarking, analytics and market insights for the worldwide hospitality trade. Based in 1985, STR maintains a presence in 15 nations with a North American headquarters in Hendersonville, Tennessee, a world headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a number one supplier of on-line actual property marketplaces, info and analytics within the business and residential property markets. For extra info, please go to str.com and costargroup.com.
Haley Luther
Communications Supervisor
+1 (216) 278 0627
STR
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