U.S. hotel performance for April 2024

The U.S. hotel industry reported mixed performance results from the previous month, but positive comparisons year over year

May 22, 2024

April 2024 (change from April 2023)

  • Occupancy: 65.2% (+1.2%)
  • Average daily rate (ADR): US$157.31 (+0.8%)
  • Revenue per available room (RevPAR): US$102.51 (+2.0%)

Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (+2.8% to 84.4%), ADR (+2.6% to US$298.98) and RevPAR (+5.5% to US$252.46).

Markets with the lowest occupancy for the month included Detroit (58.9%) and Minneapolis (59.3%).

Source: STR


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