WASHINGTON—The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar. May 2024 Percentage change from May 2023:Occupancy: 65.7 percent (up 1.5 percent)ADR: $160.40 (up 2.4 percent)RevPAR: $105.46 (up 4.0 percent) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 5.8 percent to 88.9 percent…
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