THE NEWS: Tampa posted the only double-digit occupancy increase among the Top 25 U.S. hotel markets, with occupancy rising 11.7% to 64.9% for the week of Aug 9‑15, according to CoStar’s latest data.
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FAQ
Which U.S. hotel market recorded the only double‑digit occupancy increase in the week of Aug 9‑15?
Tampa posted the only double‑digit occupancy increase among the Top 25 markets, with its occupancy rising 11.7% to 64.9% for the week of Aug 9‑15, according to CoStar’s latest data.
What was the national hotel occupancy rate in the U.S. for the week of Aug 9‑15, and how did it change year over year?
U.S. hotel occupancy reached 68% for the week of Aug 9‑15, representing a 2.6% increase year over year, according to CoStar’s latest data.
What were the average daily rate and revenue per available room for U.S. hotels in the week of Aug 9‑15?
For the week of Aug 9‑15, the average daily rate for U.S. hotels rose 3.5% to $163.56, while revenue per available room increased 6.2% to $111.29, per CoStar’s data.
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