2024 Q2 REPORT | BLUE MOUNTAIN BEACH
Top Five Feeder Markets
1 . ATLANTA , GA 2 . BIRMINGHAM , AL 3 . NASHVILLE , TN 4 . NEW ORLEANS , LA 5 . HOUSTON , TX
2024 Q2 Revenue Performance
KPIs AS OF JULY 1 , 2024 |
360 Q2 |
VS |
MARKET Q2 |
OCCUPANCY |
51.8 % |
VS |
53.6 % |
YOY OCCUPANCY CHANGE |
-8.2% |
VS |
-4.3% |
ADR |
$ 1,133 |
VS |
$ 432 |
YOY ADR CHANGE |
0.4 % |
VS |
-3.8% |
REVPAR |
$ 586 |
VS |
$ 231 |
YOY REVPAR CHANGE |
-8.0% |
VS |
-8.3% |
Revenue Overview
Though the Market slightly outperformed us in Occupancy in Q2 , we achieved dramatically higher ADR and RevPAR than the Market and saw less of a drop year-over-year in both KPIs . Moving forward , we will work to be more aggressive with rates to achieve Occupancy levels that are more in line with the Market ’ s .
360 BLUE BY THE NUMBERS P . 9