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by Calculated Danger on 11/06/2025 11:45:00 AM
SPECIAL NOTE on Authorities Shutdown and Air Journey from CoStar:
U.S. Transportation Secretary Sean Duffy mentioned the federal government would minimize 10% of air visitors at 40 of the nation’s busiest airports if the shutdown continues, the New York Occasions stories. The airports can be named later immediately.
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The announcement comes simply weeks earlier than Individuals will have fun Thanksgiving. AAA’s newest forecast predicts 2.4 million deliberate to journey by air for the vacation. Final yr, TSA screened greater than 3 million passengers, a brand new document, throughout final yr’s Thanksgiving week.
If the cuts occur, this can probably negatively impression resort occupancy charges.
Lodge occupancy was weak over the summer time months, resulting from much less worldwide tourism. The autumn months are principally home journey and occupancy remains to be below stress!
The U.S. resort business reported blended year-over-year comparisons, in line with CoStar’s newest knowledge via 1 November. …
26 October via 1 November 2025 (share change from comparable week in 2024):
• Occupancy: 59.3% (-2.6%)
• Common each day fee (ADR): US$156.09 (+0.4%)
• Income per out there room (RevPAR): US$92.54 (-2.3%)
emphasis added
The next graph reveals the seasonal sample for the resort occupancy fee utilizing the four-week common.
Click on on graph for bigger picture.
The crimson line is for 2025, blue is the median, and dashed mild blue is for 2024. Dashed black is for 2018, the document yr for resort occupancy.
The 4-week common of the occupancy fee is monitoring behind each final yr and the median fee for the interval 2000 via 2024 (Blue).
Notice: Y-axis does not begin at zero to higher present the seasonal change.
The 4-week common will lower seasonally till early subsequent yr.
On a year-to-date foundation, the one worse years for occupancy over the past 25 years had been pandemic or recession years.
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