- Occupancy fell to 67.9 percent for the week ending May 23, CoStar reported.
- Tampa led gains across all key performance metrics.
- St. Louis posted the largest occupancy decline, down 12 percent to 67.2 percent.
U.S. HOTEL METRICS were mixed for the week ending May 23, with weekly metrics declining but year-over-year gains, according to CoStar. Tampa recorded the strongest increases across all three key performance metrics.
Occupancy fell to 67.9 percent for the week ending May 23, down from 68.2 percent the prior week, but rose 0.8 percentage points year over year. ADR declined to $171.04 from $173.01 week over week, though it increased 3.7 percent annually. RevPAR slipped to $116.20 from $117.93, while rising 4.6 percent compared with the same week in 2025.
Among the top 25 markets, Tampa led gains across all three key performance metrics, with occupancy rising 15.4 percent to 77 percent, ADR increasing 22.9 percent to $207.96 and RevPAR increasing 41.9 percent to $160.07, driven by SOF Week.
Las Vegas posted the second-largest ADR gains, rising 19.6 percent to $287.59, while RevPAR increased 25.7 percent to $241.57, supported by a strong event calendar including ICSC Las Vegas, Licensing Expo and two BTS concert nights late in the week.
Boston recorded the steepest declines in ADR, down 5.4 percent to $267.34 and RevPAR, down 14.7 percent to $204.10, while St. Louis saw the largest occupancy decline, down 12 percent to 67.2 percent.
