2024 Q3 REPORT | EMERALD COAST
Top Five Feeder Markets
1 . DALLAS , TX 2 . ATLANTA , GA 3 . BIRMINGHAM , AL 4 . HOUSTON , TX 5 . NASHVILLE , TN
2024 Q3 Revenue Performance
Q3 KPIs AS OF OCTOBER 1 , 2024 360 Q3 VS MARKET Q3
OCCUPANCY |
59.7 % |
VS |
53.3 % |
YOY OCCUPANCY CHANGE |
2 . 4 % |
VS |
-6.5% |
ADR |
$ 932 |
VS |
$ 546 |
YOY ADR CHANGE |
-7.7% |
VS |
-0.9% |
REVPAR |
$ 556 |
VS |
$ 291 |
YOY REVPAR CHANGE |
-5.6% |
VS |
-7. 3 % |
Revenue Overview
In efforts to increase our Occupancy in Q3 , we strategically decreased rates more aggressively than the Market . This approach was successful , as we saw an increase in Occupancy while the Market saw a decrease year-over-year . We outperformed the Market in all three KPIs – Occupancy , ADR , and RevPAR .
360 BLUE BY THE NUMBERS P . 11