2024 Q3 REVIEW
Top Feeder Markets
1 . DENVER , CO 2 . MINNEAPOLIS , MN 3 . LOS ANGELES , CA 4 . DALLAS , TX 5 . CHICAGO , IL
2024 Q3 Revenue Performance
KPIs AS OF OCTOBER 1 , 2024 |
NR Q3 |
VS |
MARKET Q3 |
OCCUPANCY |
67 . 2 % |
VS |
62.0 % |
YOY OCCUPANCY CHANGE |
24 . 4 % |
VS |
0.2 % |
ADR |
$ 452 |
VS |
$ 368 |
YOY ADR CHANGE |
-18.6% |
VS |
5.1 % |
REVPAR |
$ 304 |
VS |
$ 228 |
YOY REVPAR CHANGE |
8.6 % |
VS |
5.1 % |
Revenue Overview
To maximize revenue for your home this quarter , we were more competitive with our rates in comparison to Q3 of last year . This strategy proved effective , resulting in a greater year-over-year increase in Occupancy and RevPAR compared to the Market . We surpassed the Market in all three key performance indicators — Occupancy , ADR , and RevPAR .
NATUR AL RETREATS BY THE NUMBERS P . 11