2024 Q2 REPORT | EMERALD COAST
Top Five Feeder Markets
1 . ATLANTA , GA 2 . DALLAS , TX 3 . NASHVILLE , TN 4 . HOUSTON , TX 5 . NEW ORLEANS , LA
2024 Q2 Revenue Performance
KPIs AS OF JULY 1 , 2024 |
360 Q2 |
VS |
MARKET Q2 |
OCCUPANCY |
62 . 4 % |
VS |
58.5 % |
YOY OCCUPANCY CHANGE |
-0.3% |
VS |
-8.6% |
ADR |
$ 1,020 |
VS |
$ 554 |
YOY ADR CHANGE |
-3.0% |
VS |
-0.9% |
REVPAR |
$ 637 |
VS |
$ 324 |
YOY REVPAR CHANGE |
-3.3% |
VS |
-9.2% |
Revenue Overview
In Q2 , we dropped our ADR more aggressively than the Market relative to the same quarter last year . The approach was successful , as our Occupancy and RevPAR didn ’ t experience the same decrease as the Market ’ s . We finished the quarter by outperforming the Market in all three metrics .
360 BLUE BY THE NUMBERS P . 7