STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024 ...Middle East

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STR Weekly Insights: 17-22 December, 23-30 December 2023, 31 December 2023-6 January 2024
source : hospitality net ( Middle East ) () 23
The U.S. saw healthy RevPAR growth (+6.4%) in the week ending 6 January 2024 following a decline of 10.1% in the prior week due to the shift of New Year’s Eve (NYE). Over the past four weeks, U.S. RevPAR was essentially unchanged compared to the same four weeks last year with average daily rate (ADR) increasing 1.4%, nearly offsetting an occupancy decline of 0.9 percentage points (ppts).

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