STR Weekly Insights: 29 September – 5 October 2024 ...Middle East

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STR Weekly Insights: 29 September – 5 October 2024
On the heels of strong gains the previous week, U.S. hotel performance for the period ending 5 October 2024 showed the effects of Rosh Hashanah and Columbus Day/Indigenous Peoples Day calendar shifts as well as the impact of Hurricane Helene. Revenue per available room (RevPAR) dropped 7.7% year over year with average daily rate (ADR) retreating 4.4% and occupancy falling 2.3 percentage points (ppts).

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