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CoStar: U.S. hotel performance dips in fourth week of July

San Diego saw the largest ADR increase, up 12 percent to $294.80

CoStar: U.S. hotel performance dips in fourth week of July

THE U.S. HOTEL industry saw lower performance in the fourth week of July compared to the previous week, with mixed year-over-year results, according to CoStar. Key metrics such as occupancy, RevPAR, and ADR all declined from the prior week.

Occupancy fell to 72 percent for the week ending July 27, down from 73.5 percent the previous week and showing a 0.4 percent year-over-year decrease. ADR stood at $164.45, compared to $165.91 the prior week, reflecting a 1.3 percent increase from last year. RevPAR was $118.37, down from $122.02 the previous week but up 0.9 percent compared to the same period in 2023.


Among the top 25 markets, New Orleans saw the highest year-over-year occupancy increase, rising 16.9 percent to 66.7 percent. San Diego posted the largest ADR lift, up 12 percent to $294.80.

Nashville experienced the steepest RevPAR decline, down 24.2 percent to $128.78, due to comparisons with George Strait concert dates on July 28-29, 2023.

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H-1B interviews disrupted as U.S. tightens scrutiny

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  • The U.S. government cancelled or delayed H-1B visa interviews amid tighter scrutiny.
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  • FIIDS has warned that visa restrictions are disrupting U.S. industry.

THE U.S. GOVERNMENT tightened scrutiny of non-immigrant visa holders. This has led to delays in visa interviews, restricting where applicants can seek visa stamping and expanding social media vetting.

Thousands of Indians who had returned to India to renew their American work permits are now stranded. Appointments between Dec. 15 and 26 were either abruptly cancelled or rescheduled, according to the Print.

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