Seaside
Revenue Overview
While we lagged behind the Market in Occupancy for 2024 , we strategically managed rates more aggressively than the Market . As a result , we achieved a larger year-over-year increase in Occupancy compared to the Market .
2024 Annual Revenue Performance
KPIs AS OF JANUARY 1 , 2025 360 BLUE 2024 VS MARKET 2024
OCCUPANCY |
46.2 % |
VS |
59.2 % |
YOY OCCUPANCY CHANGE |
9.0 % |
VS |
5.5 % |
ADR |
$ 670 |
VS |
$ 625 |
YOY ADR CHANGE |
-8.2% |
VS |
17.5 % |
REVPAR |
$ 188 |
VS |
$ 233 |
YOY REVPAR CHANGE |
-5.1% |
VS |
6.4 % |
20 360 BLUE • 2024 ANNUAL REVIEW