2024 Q3 REVIEW
Top Feeder Markets
1 . DALLAS , TX 2 . NEW YORK , NY 3 . WASHINGTON DC 4 . ATLANTA , GA 5 . ORLANDO , FL
2024 Q3 Revenue Performance
KPIs AS OF OCTOBER 1 , 2024 |
NR Q3 |
VS |
MARKET Q3 |
OCCUPANCY |
32.8 % |
VS |
37.1 % |
YOY OCCUPANCY CHANGE |
28.1 % |
VS |
-6.5% |
ADR |
$ 681 |
VS |
$ 459 |
YOY ADR CHANGE |
-12. 4 % |
VS |
-4.6% |
REVPAR |
$ 224 |
VS |
$ 170 |
YOY REVPAR CHANGE |
12 . 6 % |
VS |
-11.0% |
Revenue Overview
Despite trailing the Market in Occupancy this quarter , we strategically adjusted our rates , leading to year-over-year gains in both Occupancy and RevPAR , while the Market saw declines in both metrics .
NATUR AL RETREATS BY THE NUMBERS P . 9