2024 Q3 REPORT | SEACREST BEACH
Top Five Feeder Markets
1 . ATLANTA , GA 2 . NASHVILLE , TN 3 . HOUSTON , TX 4 . DALLAS , TX 5 . HUNTSVILLE , AL
2024 Q3 Revenue Performance
KPIs AS OF OCTOBER 1 , 2024 |
360 Q3 |
VS |
MARKET Q3 |
OCCUPANCY |
55.5 % |
VS |
55.7 % |
YOY OCCUPANCY CHANGE |
3.5 % |
VS |
-9.7% |
ADR |
$ 1,416 |
VS |
$ 541 |
YOY ADR CHANGE |
-3.6% |
VS |
1.9 % |
REVPAR |
$ 785 |
VS |
$ 302 |
YOY REVPAR CHANGE |
-0.4% |
VS |
-7.9% |
Revenue Overview
Although our Occupancy levels for Q3 were right in line with the Market ’ s , we experienced an increase in Occupancy while the Market saw a decline compared to Q3 of last year . We achieved this by adopting more aggressive pricing , which resulted in a much smaller year-over-year decrease in RevPAR compared to the Market .
360 BLUE BY THE NUMBERS P . 31